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Single-Tenant Office Campus
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Pending

2100 Norman Dr, Waukegan, IL 60085

Headquarters offices and laboratory facilities operate under a long-term net lease with CPI-based annual escalations.

Property Size116,500 SF
Days on Market141

Property Features for 2100 Norman Dr

General Information

Standard status Pending
Size 116,500 SF
Property subtype Office
Occupancy 100%

Building Details

Year Built 1989
Tenancy Single
Owner Occupied No
Listed By: Jack Kauss · License #IL 475193431
Source: Crexi
Added: Apr 11 Changed: Aug 29 Last Checked: Aug 29 at 1:12PM

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 Jack Kauss

Investment Insights

Based on property information with market context.

The 116,500-square-foot campus at 2100 Norman Dr in Waukegan, Illinois, was built to suit UCC Environmental in 1989. The property combines headquarters office areas with laboratory space used to test ash and reagent samples, creating a specialized office and light industrial setting for a single occupant.

The entire campus is leased on a 100% net basis to UCC Holdco, LLC, operating as UCC Environmental, with the current term extending through April 2032. Lease economics include annual CPI-based rent increases without a cap. The property is positioned in suburban Chicago and serves as UCC Environmental’s headquarters for environmental solutions supporting power generation and industrial applications.

Key Highlights

  • 116,500‑square‑foot office and laboratory campus
  • 100% net leased through April 2032 to UCC Holdco, LLC
  • Built‑to‑suit for UCC Environmental in 1989

Property Analytics

Current Use

UCC Environmental Material Handling Equipment Supplier

Suggested Use

Top Pick Dental Office Big Box & Wholesale Store Auto Repair Shop Auto Parts Store Real Estate Agency Storage Facility

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

100%
Occupancy
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

72
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

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 building - Headquarters offices and laboratory facilities operate under a long-term net lease with CPI-based annual escalations.
Where is this office building located?
The property is located at 2100 Norman Dr Waukegan, IL.
What are key features of this property?
This property features: 116,500‑square‑foot office and laboratory campus; 100% net leased through April 2032 to UCC Holdco, LLC; Built‑to‑suit for UCC Environmental in 1989
More about this property
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