Property for Sale: 2504 Washington, Waukegan, IL 60085

$2,595,000
$2,595,000
2504 Washington, Waukegan, IL 60085
$2,595,000
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Price:
$2,595,000
$155,000 - 06/19/2024
Est. payment: Skip to Mortgage Calculator

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Type Commercial
Lot Size 0.70 acres
Year Built 1970
City Waukegan
County Lake
MLS 11493033
Status Active
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.

Lot & Building Features

Cooling Chillers
Tax Year 2022
Lot Dimensions 120 X 255.9 X 120 X 253.8 ft

Price History of 2504 Washington, Waukegan, IL

Date Name Price Difference
06/19/2024 Price Adjustment $2,595,000 5.64%
11/15/2023 Price Adjustment $2,750,000 6.78%
05/12/2023 Price Adjustment $2,950,000 7.38%
12/31/1969 Listing Price $3,185,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

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Map of 2504 Washington, Waukegan, IL

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Photo of Peggie Grossman
Direct: 773-273-0050
Office
3580 W 95th Street
Evergreen Park, IL 60805
708-422-0011
Listed by Kinzie Brokerage LLC, Steven Maher
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2504 Washington (MLS #11493033) is a commercial listing located in Waukegan, IL. This is a commercial listing with a lot of 30,492 sqft (or 0.70 acres). This property was listed on 08/16/2022 and has been priced for sale at $2,595,000.

Nearby zip codes are 60031, 60044, 60048, 60064 and 60087. This property neighbors other cities such as Beach Park, Gurnee, Libertyville, North Chicago and Park City.

Midwest Real Estate Data

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Kinzie Brokerage LLC