2504 Washington ST Active Save Request In-Person Tour Request Virtual Tour
Waukegan,IL 60085
Key Details
Property Type Commercial
Sub Type Office/Tech
Listing Status Active
Purchase Type For Sale
Square Footage 46,753 sqft
Price per Sqft $55
MLS Listing ID 11493033
Year Built 1970
Annual Tax Amount $38,119
Tax Year 2022
Lot Size 0.700 Acres
Lot Dimensions 120 X 255.9 X 120 X 253.8
Property 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 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.
Location
State IL
County Lake
Area Park City / Waukegan
Zoning OFFIC
Interior
Cooling Chillers
Fireplace N
Building
Dwelling Type Office/Tech
Level or Stories 6