Waukegan, IL 60085,2504 Washington Street
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Waukegan, IL 60085,2504 Washington Street
Waukegan, IL 60085,2504 Washington Street
Waukegan, IL 60085,2504 Washington Street
Waukegan, IL 60085,2504 Washington Street
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$ 2,595,000
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2504 Washington Street Waukegan, IL 60085

46,753 SqFt


UPDATED:

10/25/2024 03:50 PM

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

Zoning OFFIC

Interior

Cooling Chillers

Fireplace N

Exterior

View Y/N true


Listed by Steven Maher • Kinzie Brokerage LLC

Premier Agent Network

Broker | License ID: 01932176

+1(877) 663-9366

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2504 Washington Street