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Renovated Office Unit
For Lease
$12 SF/Yr

415 Washington Street 004a, Waukegan, IL 60085

Updated, open-layout office space supports immediate occupancy in a professional building.

Space SizeContact for details
Days on Market47

Property Features for 415 Washington Street 004a

General Information

Standard status Active

Building Details

Year Built 1940
Listing Agency: Citypoint Illinois LLC
Listed By: Steve Costello
Source: Grandviewrealtyservices
Added: Jul 15 Changed: Aug 29 Last Checked: Aug 25 at 4:46AM

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 004A provides 1,140 SF of recently renovated office space within a professional building. Its open, adaptable layout offers a clean and functional setting for office operations, with the suite ready for occupancy.

The property is located at 415 Washington Street in Waukegan, Illinois. The space is identified for medical, legal, and other professional office users seeking a renovated workplace. The building was constructed in 1940.

Key Highlights

  • 1,140 SF office suite
  • Recently renovated interior
  • Open, flexible layout

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
$1.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,207
Businesses Nearby

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

$13.75 /SF/Yr
Avg Asking Price
$9–$18 /SF/Yr
Price Range
1,879 SF
Avg Space Size

This space is priced 13% below the average of $13.75 /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
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Frequently Asked Questions

What type of property is this?
Office units - Updated, open-layout office space supports immediate occupancy in a professional building.
Where is this office units located?
The property is located at 415 Washington Street 004a Waukegan, IL.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: 1,140 SF office suite; Recently renovated interior; Open, flexible layout
More about this property
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