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Office/Flex Suite with Private Entrance
For Lease
$18 SF/Yr

415 Washington St Unit 104, Waukegan, IL 60085

Open-plan space supports adaptable office, studio, or professional configurations.

Space Size5,325 SF
Days on Market15

Property Features for 415 Washington St Unit 104

General Information

Standard status Active
Size 5,325 SF
Net Rentable 5,325 SF

Space & Availability

Available Space 5,325 SF
Contiguous Space 5,325 SF
Space Use Flex
Available From Immediate

Amenities

professional management

Building Details

Year Built 1940
Listing Agency: Citypoint Illinois LLC
Listed By: Steve Costello
Source: Tumpanelegacy
Added: Aug 16 Changed: Aug 29 Last Checked: Aug 29 at 10:36AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Citypoint Illinois LLC

Investment Insights

Based on property information with market context.

Suite 104 at Waukegan Business Center provides 5,325 square feet of office/flex space with its own entrance and an open interior. The finished environment can be arranged for office, studio, or other professional use, allowing occupants to shape the layout around their operations.

The property is located at 415 Washington Street in Waukegan and includes access to a private parking lot. Professional management is provided on site, and immediate occupancy is available.

Key Highlights

  • 5,325 SF office/flex suite
  • Private entrance for Suite 104
  • Open interior layout for flexible configuration

Property Analytics

Current Use

Turn the Paige Tax ... Accounting Firm McCollum, Hodgkinson, & Nikitas ... Law Firm Law Offices of Douglas ... Law Firm Nikitas Gregory C Law Firm Fidelity National Title Title Company

Suggested Use

Top Pick Real Estate Agency Dental Office Big Box & Wholesale Store Pharmacy Auto Parts Store Building Supply

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

NNN (Triple Net)
Lease Type
$2.70 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,207
Businesses Nearby
Under-served
Demand for This Use

Demographics for 60085, IL

71,609
Population
26,781
Households
2.7
Avg Household Size
33
Median Age
19%
College-Educated
74%
High-School Grad
14.8 sq mi
ZIP Area
4,838
Density / Sq Mi
$64,330
Median Household Income
$35,645
Median Earnings
$1,133
Median Rent
$164,800
Median Home Value

Market

Lease Benchmarks for Waukegan, IL

$14.06 /SF/Yr
Avg Asking Price
$13–$17 /SF/Yr
Price Range
4,098 SF
Avg Space Size

This space is priced 28% above the average of $14.06 /SF/Yr.

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?
Flex space - Open-plan space supports adaptable office, studio, or professional configurations.
Where is this flex space located?
The property is located at 415 Washington St Unit 104 Waukegan, IL.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: 5,325 SF office/flex suite; Private entrance for Suite 104; Open interior layout for flexible configuration
More about this property
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