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    2424 Washington St Waukegan, IL 60085

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    For Lease
    $12 SF/Yr

    Centrally located office building with ample parking and varied spaces.

    Property Features for 2424 Washington St

    General Information

    Standard status
    Active

    Building Details

    Year built
    1960
    Source: Corcoran

    Listing Agent: John Pantelopoulos

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Waukegan Office Space For Rent

    This well-maintained office building is centrally located and offers ample parking. Available spaces range in size from 143 to 8900 square feet. For some of the spaces, the rents include utilities.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Family Primary Care ... Family Service Center JEM Treatment Inc Addiction Treatment Center The AntMound Foundation Non-Profit Organization Community Action Partnership ... Social Services Organization Grupo paz y ... Corporate Office

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Waukegan
    County
    Lake
    State
    Illinois
    Longitude
    -87.8634703
    Latitude
    42.3601887

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    FAQs

    What type of property is this?
    Office space - Centrally located office building with ample parking and varied spaces.
    Where is this office space located?
    The property is located at 2424 Washington St Waukegan, IL.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: - Centrally located building, offering convenience for tenants and clients.; - Plenty of parking available.; - Rents in some spaces include utilities.
    (224) 730-1953
    Request Owner's contact information
    2424 Washington St Waukegan, IL 60085
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2424 Washington St Waukegan, IL 60085
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