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
ContingencyAttorney/Inspection
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
ModificationTimestamp2025-07-11T19:54:01.652Z
Net Operating Income203134
Number Of Units Total44
Operating Expense197486
Property TypeCommercial Sale
Property TypeOffice/Tech
Standard StatusActive Under Contract
StatusContingent
Stories Count6
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
