Skip To Content
    Return to Previous Page

    1702 Washington Street

    Waukegan, IL 60085
    • $695,000
    • STATUS: Active
    • ON SITE: 176 days
    • MLS #: 10612446
    UPDATED: 230 min ago
    $695,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 10,960
      SQFT
    • $63
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1972
    County:

    School Ratings & Info

    Description

    Freshly painted and renovated ideal commercial investment opportunity for the savvy investor. Own an 18-unit office rental space in a prime Washington Street location! Nearly 11,000 square feet of office space featuring a beautiful, welcoming two-story glass foyer. This professional building is handicap accessible and has 23 parking spaces for customers. 18 leasable spaces, most currently rented out. Since the building is located in a high-traffic area, the offices have a lot of visibility. Take advantage of this opportunity to own an income-generating, successful property. The opportunities are endless!

    Monthly Payment Calculator



    © 2020 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Keller Williams Success Realty. Based on information submitted to the MRED as of 2020-07-10T23:51:53.373 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

    Digital Millennium Copyright Act
    www.lewkepartners.com/homes/102360507
    Print Image

    1702 Washington Street Waukegan, IL 60085

    • Price: $695,000
    • Status: Active
    • Updated: 230 min ago
    • MLS #: 10612446
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    10,960
    SQFT
    $63
    $/SQFT
    1972
    Built
    Neighborhood:
    Park City / Waukegan
    County:
    Lake
    Area:
    Park City / Waukegan
    Property Description
    Freshly painted and renovated ideal commercial investment opportunity for the savvy investor. Own an 18-unit office rental space in a prime Washington Street location! Nearly 11,000 square feet of office space featuring a beautiful, welcoming two-story glass foyer. This professional building is handicap accessible and has 23 parking spaces for customers. 18 leasable spaces, most currently rented out. Since the building is located in a high-traffic area, the offices have a lot of visibility. Take advantage of this opportunity to own an income-generating, successful property. The opportunities are endless!
    Exterior Features

    Construction Brick Foundation Concrete Frontage Access City Street Lot Dimensions 105 X 200 Lot Sq Ft 21000 Number Of Parking Spaces 30 Number Of TLDocks 0 Roof Coverings Membrane Roof Structure Flat

    Interior Features

    Air Conditioning Central Air Fire Protection Other Floor Finish TileWood Miscellaneous Inside AtriumElevator/S PassengerHandicapped AccessMulti-TenantPrivate Restroom/SStorage InsideBasementFurnished Units Available Number Of Drive In Doors 0 Number Of Stories 2 Outdoor Parking 19-30 Spaces

    Property Features

    Age 36-50 Years Built Before1978 YN Yes Current Use CommercialOffice And Research Electrical Service None Expense Year 2018 Extra Storage Spaces Available YN Yes Geographic Locale North Suburban Gross Rental Income Amount 111251 Heat Ventilation Forced Air Max Avail Sq Ft Rentable 10960 Min Avail Sq Ft Rentable 100 Net Oper Income Amount 72863 Net Operating Income Year 2018 Number Of Tenants 7 Possession Closing Potential Use CommercialOffice And Research Property Offered For Sale Only Sale Terms Conventional Tax Year 2018 Taxes 18725 Tenant Pays ElectricHeat Total Annual Exp 37715 Total Annual Expense Source Owner Projection Total Annual Income 110551 Total Monthly Income 11100 Township Waukegan Unincorporated YN No Zoning Type Commr

    Listing information © 2020 Midwest Real Estate Data LLC.
    Listing provided courtesy of Re/Max American Dream.


    © 2020 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Keller Williams Success Realty. Based on information submitted to the MRED as of 2020-07-10T23:51:53.373 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

    Digital Millennium Copyright Act
     
    https://bt-photos.global.ssl.fastly.net/mred/orig_boomver_1_10612446-2.jpg https://bt-photos.global.ssl.fastly.net/mred/orig_boomver_1_10612446-2.jpg https://bt-photos.global.ssl.fastly.net/mred/orig_boomver_1_10612446-2.jpg
    Logo
    Keller Williams Success Realty
    43 E Crystal Lake Ave
    Crystal Lake IL, 60014