Waukegan, IL 60085 2504 Washington Street
$2,595,000
5 more
Presented By: Kinzie Brokerage LLC
Disclaimer: The information contained in this listing has not been verified by Worth Clark Realty and should be verified by the buyer.
SQFT • 46,753
Home Details
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 96.97% leased and has a current NOI of $227,250. 2504 Washington is a 6-story, class B, multi-tenant office building with 28,796 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.
Presented By: Kinzie Brokerage LLC
Interior Features for 2504 Washington Street
Other Interior Features
Street SuffixStreet
General for 2504 Washington Street
Additional Parcels Y/NNo
CityWaukegan
CoolingChillers
CountyLake
Days on Market679
DirectionsGreen Bay Rd. to Washington St. then East to Property.
ElectricOver 600 Amps
Gross Income415303
Leasable Area3371
Lot Size Square Feet30492
MLS AreaPark City / Waukegan
Net Operating Income227250
NumberOfUnitsTotal44
Operating Expense188053
Property SubTypeMedical, Office
Property TypeCommercial Sale
Property TypeOffice/Tech
Standard StatusActive
StatusActive
Stories6
Tax Annual Amount38119
Tax Year2022
Tenant PaysElectricity, Varies by Tenant
TownshipWaukegan
Year Built1970
ZoningOFFIC
Exterior for 2504 Washington Street
Building Area Total46753
Lot Dimensions120 X 255.9 X 120 X 253.8
Lot Size Acres0.7
Additional Details
Price History
