1809 Washington St Waukegan, IL 60085-5135
- Commercial real estate
- 0.18 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 1809 Washington St
- Lot size
- 0.18 lot acres
- Property type
- Commercial real estate
- APN
- 08-20-416-012
- APU
- 820416012
Description
This exceptional investment opportunity presents two buildings situated on a sizable lot at the highly visible intersection of Washington Street and Lewis Avenue in Waukegan, Illinois. The main building is a spacious storefront benefiting from significant vehicular and pedestrian traffic, ideal for a variety of retail or commercial uses. The second building is a substantial two-flat structure, offering two separate three-bedroom residential units. Each unit provides ample living space, presenting options for owner occupancy or continued rental income generation. The expansive lot offers convenient parking, accommodating over seven vehicles, and features two driveways for easy access. This property offers a unique blend of commercial and residential potential, making it an attractive investment for both seasoned investors and those seeking a diversified portfolio. The asking price for this combined property is $500,000. The property's location at a major intersection ensures high visibility and accessibility, maximizing potential for both commercial and residential success. The existing infrastructure, including ample parking and dual driveways, further enhances the property's appeal and functionality. This is a rare opportunity to acquire a well-positioned mixed-use property in a thriving Waukegan location.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $290,000
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Location Insight
- Map
- Local Demand
- City
- Waukegan
- County
- Lake
- State
- Illinois
- Longitude
- -87.8551
- Latitude
- 42.3594
- CBSA code
- 16980
- CBSA name
- CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
