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25 N County St

10,140 SF 100% Leased Office Building Waukegan, IL 60085 $566,846 CAD ($56 CAD/SF)

Investment Highlights

  • Discover the potential of this solid concrete building boasting updated common areas that exude professionalism and style.
  • Benefit from the ease of on-site parking.
  • Situated directly across from Lake County Courthouse, this prime location offers convenience and prestige for any business.
  • With a new boiler and roof installed in 2023, this property promises efficiency and longevity for your investment.

Executive Summary

NEW PRICE! Price just reduced $100,000 for this 10,000+ SF, 2-story building located in the heart of Downtown Waukegan, directly across the street from the Lake County Courthouse. The building currently has multiple tenants that are all on month-to-month leases. Many of the existing tenants would sign longer term leases or the entire building could be made available for a single user. Great value add opportunity as current rents are well below market.
The lobby and common hallways have all been recently updated and provide a very professional appearance. This concrete building includes an elevator in the lobby and the boiler and roof have recently been replaced. There is on-site parking for 11 vehicles in the parking lot located behind the building along with street parking on N. County St. This is an ideal building for a law firm, City/County offices, educational facility, financial services, and much more.

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Building Size
10,140 SF
Building Class
B
Year Built
1950
Price
$566,846 CAD
Price Per SF
$56 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
4,441 SF
Building FAR
1.11
Lot Size
0.21 AC
Zoning
B-4 - Central Business
Parking
11 Spaces (1.08 Spaces per 1,000 SF Leased)
Walk Score ®
Very Walkable (83)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 31655959

  • Date on Market: 2024-04-30

  • Last Updated:

  • Address: 25 N County St, Waukegan, IL 60085

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