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2504 Washington Street,  Waukegan IL, 60085

(Active)
$2,750,000
|
46,753 sqft
|
MLS# 11493033
Last Updated: 5/6/2024 9:25 PM
Description for 2504 Washington Street Waukegan, IL 60085
Washington Tower Professional Building, located at 2504 Washington Street, offers investors and excellent opportunity to own a high-occupancy office building in Waukegan, IL. With its close proximity to Lake Behavioral Hospital this property attracts medical office users along with a wide variety of service providers. The Building is 98.34% leased and has a current NOI of $227,250. 2504 Washington is a 6-story, class B, multi-tenant office building with 29,637 square feet of net rentable area. The property was built in 1970 and includes 44 office suites. This building can be purchased on its own or as part of a 2-building portfolio. The other property is 49 Sherwood Terrace located in Lake Bluff, IL.
Price
$2,750,000
Lake
46,753 (approx)
11493033
Active
Description
Washington Tower Professional Building, located at 2504 Washington Street, offers investors and excellent opportunity to own a high-occupancy office building in Waukegan, IL. With its close proximity to Lake Behavioral Hospital this property attracts medical office users along with a wide variety of service providers. The Building is 98.34% leased and has a current NOI of $227,250. 2504 Washington is a 6-story, class B, multi-tenant office building with 29,637 square feet of net rentable area. The property was built in 1970 and includes 44 office suites. This building can be purchased on its own or as part of a 2-building portfolio. The other property is 49 Sherwood Terrace located in Lake Bluff, IL.
Listing Information
Property Type: Office, Business Opportunities, 3+ Story
0.7 Acres 46,753 (approx) 1970
6
Waukegan//
44 Total
Neighborhood
Room Information
Exterior / Lot Features
120 X 255.9 X 120 X 253.8
OFFIC
Driving Directions
Green Bay Rd. to Washington St. then East to Property.
Financial Considerations
08203000030000
$38,119
Listing Price History

Waukegan Real Estate

Waukegan is located in Illinois. Waukegan, Illinois 60085 has a population of 89,171.

The median household income in Waukegan, Illinois 60085 is $46,995. The median household income for the surrounding county is $91,525 compared to the national median of $66,222. The median age of people living in Waukegan 60085 is 39 years.

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Courtesy: Kinzie Brokerage LLC
Listings courtesy of MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 5/6/2024. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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This content last refreshed on 5/6/2024 9:25 PM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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