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About the Listing 26696 - 16123,893669
We are pleased to present our new exclusive listing at 1400 Sunset Road, Waukegan, Illinois. This offering provides an opportunity to acquire a stabilized, HUNDRED prct occupied office property supported by long-term tenancy and durable construction. The asset delivers immediate, dependable cash flow with minimal near-term rollover risk, making it well-suited for passive investors and 1031 exchange buyers. The property consists of a one-story, 10,839 SF office building with 5 units constructed of brick and concrete block, offering low maintenance requirements and long-term ownership stability. Additional features include a four-car attached garage (945 SF), an unfinished basement, 34 on-site parking spaces, and excellent signage exposure on a 24,732 SF lot. The asset is providing investors with both income security and long-term return potential.
Listing Highlights
Status
Active
Days on Site
20
Property Type
Commercial Sale
MLS ®
12560270
Year Built
1960
Total Square Footage
11,784
Lot/Acreage
0.57
County
Lake
Area
Park City / Waukegan
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond: Central Air,Central Individual
- Heating: Central Heat/Indiv Controls
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Garage Capacity: N/A
- Lot Dimensions: 24732
- Roof: Membrane
- Others:
- Sewer:
- Parking Features: 31-50 Spaces,1-5 Spaces
Financial Details
- Tax Amount: $14,991
- Taxes w/Assessments: N/A
- Tax/Property ID: 08084040010000
- Tax Year: 2024
Payment Calculator
Monthly Payment
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- in Taxes
Years
% Down Payment
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Questions About..
Listing 12560270 Waukegan, IL 60087
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