Waukegan, IL 60087
$1,100,000



38 more






































Presented By: Real Broker, LLC
Home Details
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.
Presented By: Real Broker, LLC
General for
Additional Parcels Y/NNo
Cap Rate7.81
CityWaukegan
Construction MaterialsBrick, Concrete, Block
CoolingCentral Air, Central Individual
CountyLake
Current UseCommercial, Office, Medical/Dental
DirectionsFrom Sunset & Rt 137 east to property (NO SIGN)
ElectricService - 0 to 100 Amps
Gross Income
Leasable Area
Lot Size Square Feet24732
MLS AreaPark City / Waukegan
Net Operating Income0
Number Of Units Total5
Operating Expense0
Property TypeCommercial Sale
Property TypeOffice/Tech
RoofMembrane
Standard StatusActive
StatusActive
Stories Count1
Tax Annual Amount14991
Tax Year2024
Tenant PaysElectricity
Year Built1960
Exterior for
Building Area Total11784
Foundation DetailsConcrete Perimeter
Frontage TypeCity Street
Lot Dimensions24732
Additional Details
Price History

SQFT • 11,784