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Single-Story Office Building
For Sale
$1,100,000

1400 Sunset Avenue, Waukegan, IL 60087

Commercial Sale, Waukegan, IL

Property Size10,839 SF
Lot Size0.57 Acres
Price / SF$101.49
Days on Market211

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 14992

Utilities

Cooling system Central Air

Amenities

four-car attached garage
unfinished basement
excellent signage exposure

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: Sep 2 Last Checked: Sep 4 at 10:06AM
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.

Located at 1400 Sunset Avenue in Waukegan, Illinois, this one-story office property contains 10,839 SF arranged across 5 units. Built in 1960, the building features brick and concrete block construction, central air, and a membrane roof. The property is 100% occupied and supported by long-term tenancy.

Site improvements include a 945 SF attached four-car garage, an unfinished basement, and 34 on-site parking spaces. The building occupies a 24,732 SF lot and includes dedicated signage exposure. The combination of multi-unit office space, supplemental storage areas, and established occupancy provides a clearly defined commercial configuration.

Key Highlights

  • 10,839 SF one‑story office building with 5 units
  • 100% occupied with long‑term tenancy
  • Brick and concrete block construction; built in 1960

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.

Lease Details

5
Office units
100%
Occupancy
Multi-tenant
Tenancy

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
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Frequently Asked Questions

What type of property is this?
Office building - Brick-and-concrete construction includes central air and an attached garage.
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: 10,839 SF one‑story office building with 5 units; 100% occupied with long‑term tenancy; Brick and concrete block construction; built in 1960
More about this property
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