Waukegan, IL 60085 2504 Washington Street
$1,885,000
5 more
Presented By: Kinzie Brokerage LLC
SQFT • 46,753
Home Details
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. 2504 Washington is a 6-story, class B, multi-tenant office building with 28,796 square feet of rentable area. The property was built in 1970 and includes 44 office suites.
Presented By: Kinzie Brokerage LLC
Interior Features for 2504 Washington Street
Other Interior Features
Street SuffixStreet
General for 2504 Washington Street
Additional Parcels Y/NNo
Cap Rate10.8
CityWaukegan
CoolingChillers
CountyLake
Current UseMedical/Dental
DirectionsGreen Bay Rd. to Washington St. then East to Property.
ElectricOver 600 Amps
Gross Income400620
Leasable Area3371
Lot Size Square Feet30492
MLS AreaPark City / Waukegan
ModificationTimestamp2025-06-03T05:07:03.327Z
Net Operating Income203134
Number Of Units Total44
Operating Expense197486
Property TypeCommercial Sale
Property TypeOffice/Tech
Standard StatusActive
StatusActive
Stories6
Tax Annual Amount52934
Tax Year2023
Tenant PaysElectricity, Varies by Tenant
TownshipWaukegan
Year Built1970
ZoningOFFIC
Exterior for 2504 Washington Street
Building Area Total46753
Lot Dimensions120 X 255.9 X 120 X 253.8
Lot Size Acres0.7
Additional Details
Price History
