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Commercial Property in Waukegan, IL
For Sale
$1,100,000

1400 Sunset Avenue, Waukegan, IL 60087

Commercial Sale, Waukegan, IL

Property SizeContact for details
Lot Size0.57 Acres
Days on Market196

Property Features for 1400 Sunset Avenue

General Information

Property type Commercial Sale
Property subtype Office
Directions From Sunset & Rt 137 east to property (NO SIGN)
Subdivision Park City / Waukegan
Standard status Active
APN 08084040010000
Lot size 0.57 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 14991

Utilities

Cooling system Central Air

Building Details

Year built 1960
Floors in Building 1
Number of units 5
Building materials Brick, Concrete, Block
Roof type Membrane
Listing Agency: Real Broker, LLC
Listed By: Robb Satten · License #475101369
Added: Feb 5 Changed: Aug 20 Last Checked: Aug 20 at 11:06AM
MLS# 12560270

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

A commercial property located at 1400 Sunset Avenue, Waukegan, IL 60087, is available for sale. The property is situated in Lake County and has a lot size of 0.5678 acres.

Key Highlights

  • Brick, concrete, and block construction materials
  • Central air conditioning
  • Membrane roof

Property Analytics

Current Use

Kaiser North Shore ... Insurance Agency Tax Solutions Financial Advisor Wheel Power Transportation ... Trucking Company Paul W Kaiser ... Insurance Agency Fast Tax Solutions Accounting Firm

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply HVAC Service Parking Lot & Garage Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

406
Businesses Nearby

Demographics for 60087, IL

28,207
Population
10,047
Households
2.8
Avg Household Size
36
Median Age
18%
College-Educated
77%
High-School Grad
13.0 sq mi
ZIP Area
2,170
Density / Sq Mi
$79,162
Median Household Income
$38,929
Median Earnings
$1,294
Median Rent
$185,800
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - Commercial property for sale in Waukegan, Illinois.
Where is this office building located?
The property is located at 1400 Sunset Avenue Waukegan, IL.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Brick, concrete, and block construction materials; Central air conditioning; Membrane roof
More about this property
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