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Operating Restaurant Building
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1508 Washington Street, Waukegan, IL 60085

Currently leased restaurant property on Washington Street in Waukegan, Illinois.

Property SizeContact for details
Days on Market195

Property Features for 1508 Washington Street

General Information

Standard status Active
Property subtype Business for Sale, Retail
Zoning OTHER

Building Details

Buildings 1
Listing Agency: NetGar Investments Inc.
Listed By: Porfirio Garcia · License #IL 471005245
Source: Crexi
Added: Feb 25 Changed: Aug 30 Last Checked: Aug 31 at 8:36AM

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 NetGar Investments Inc.

Investment Insights

Based on property information with market context.

This single-building restaurant property is currently leased and operating. The asset is identified as a conventional restaurant and is located at 1508 Washington Street in Waukegan, Illinois. Zoning is listed as OTHER.

Key Highlights

  • Single‑building restaurant property
  • Currently leased and operating
  • Located at 1508 Washington Street

Property Analytics

Current Use

The Maple Restaurant

Suggested Use

Top Pick Real Estate Agency Carpet & Flooring Store Electrical Service Acupuncture Catering Service Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

570
Businesses Nearby
18k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 86% Electronics 14%
Family Dollar Shops & Services
8,372 visits/mo 0.3 miles
Mobil Shops & Services
3,878 visits/mo 0.3 miles
Shell Shops & Services
3,390 visits/mo 0.2 miles
Metro by T-Mobile Electronics
1,677 visits/mo 0.2 miles
Boost Mobile Electronics
879 visits/mo 0.3 miles

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

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Currently leased restaurant property on Washington Street in Waukegan, Illinois.
Where is this conventional restaurant located?
The property is located at 1508 Washington Street Waukegan, IL.
What is the asking price?
The asking price for this property is $330,000.
What are key features of this property?
This property features: Single‑building restaurant property; Currently leased and operating; Located at 1508 Washington Street
(847) 812-9106 Call to check price and availability
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