Premium Office Space in
For Lease
$13 SF/Yr
415 Washington Street #004A, Waukegan, IL 60085
Premium office space in downtown Waukegan, across from the courthouse.
Space SizeContact for details
Days on Market696
Property Features for 415 Washington Street #004A
General Information
Standard status
Active
Building Details
Year Built
1940
Listing Agency:
CITYPOINT ILLINOIS LLC
Listed By:
RICHARD BALAUAG
Source:
Corcoran
Added: Oct 11, 2024
Changed: Mar 16
Last Checked: Aug 25 at 9:21AM
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.
This premium office space is located in downtown Waukegan, across from the Lake County Courthouse. It is suitable for attorneys, government entities, and small businesses. The space features 11-foot ceilings, remodeled bathrooms, modern carpeting, enhanced lighting, and a welcoming lobby. A spacious parking lot offers permit parking and free visitor parking. Recent upgrades include a state-of-the-art HVAC system, fresh carpeting in common areas, an atrium renovation, and a comprehensive surveillance system. The lease price applies to units on the main floor of the south building, with access via the main entrances on S MLK Jr. Ave. Additional storage space is available.
Key Highlights
- Premium office space in a sought‑after downtown Waukegan location, across from the Lake County Courthouse.
- Ample parking with permit options for tenants and free visitor parking.
- Recent major upgrades including a state‑of‑the‑art HVAC system, common area carpeting, atrium renovation, and comprehensive surveillance system.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$1.95 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,207
Businesses Nearby
Explore this area
Business Placement
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
$15.09 /SF/Yr
Avg Asking Price
$9–$18 /SF/Yr
Price Range
3,948 SF
Avg Space Size
This space is priced 14% below the average of $15.09 /SF/Yr.
Vacancy Rate% for Office in Midwest region
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Frequently Asked Questions
What type of property is this?
Office units - Premium office space in downtown Waukegan, across from the courthouse.
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 $13 SF/Yr.
What are key features of this property?
This property features: Premium office space in a sought‑after downtown Waukegan location, across from the Lake County Courthouse.; Ample parking with permit options for tenants and free visitor parking.; Recent major upgrades including a state‑of‑the‑art HVAC system, common area carpeting, atrium renovation, and comprehensive surveillance system.
