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Garrett Johnson

homesbygarrett@gmail.com +1(847) 337-1157

$1,100,000

Est. payment - /mo

11,784 SqFt

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UPDATED:

Key Details

Property Type Commercial

Sub Type Office/Tech

Listing Status Active

Purchase Type For Sale

Square Footage 11,784 sqft

Price per Sqft $93

MLS Listing ID 12560270

Year Built 1960

Annual Tax Amount $14,991

Tax Year 2024

Lot Dimensions 24732

Property Sub-Type Office/Tech

Property Description

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.

Location

State IL

County Lake

Area Park City / Waukegan

Interior

Cooling Central Air, Central Individual

Fireplace N

Exterior

Roof Type Membrane

Building

Dwelling Type Office/Tech

Structure Type Brick,Concrete,Block

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Listed by Robb Satten of Real Broker, LLC

Nearby School & Business

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Garrett Johnson

+1(847) 337-1157

Agent License ID: 475.188206

1400 Sunset AVE Waukegan, IL 60087

Garrett Johnson

Key Details

Location

Interior

Exterior

Building

Nearby School & Business

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