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Unfinished Flex Space
For Lease
$17 SF/Yr

415 Washington St Unit 006, Waukegan, IL 60085

Open-plan commercial suite suited to office, studio, or other professional build-out needs.

Space Size7,868 SF
Days on Market17

Property Features for 415 Washington St Unit 006

General Information

Standard status Active
Size 7,868 SF
Net Rentable 7,868 SF

Space & Availability

Available Space 7,868 SF
Contiguous Space 7,868 SF
Space Use Flex
Condition Shell
Available From Immediate
Furnished No

Amenities

private parking lot
professional management

Building Details

Year Built 1940
Listing Agency: Citypoint Illinois LLC
Listed By: Steve Costello
Source: Bktchicago
Added: Aug 14 Changed: Aug 30 Last Checked: Aug 30 at 1:02AM

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 006 at the Waukegan Business Center provides 7,868 square feet of unfinished flex space with an open configuration. The interior can be planned 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, Illinois. Tenants have access to a private parking lot and professional property management. The building was constructed in 1940, and immediate occupancy is available.

Key Highlights

  • 7,868 SF of unfinished flex space in Suite 006
  • Open interior suitable for office or studio configuration
  • Private parking lot available to tenants

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
$2.55 /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 21% 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 commercial suite suited to office, studio, or other professional build-out needs.
Where is this flex space located?
The property is located at 415 Washington St Unit 006 Waukegan, IL.
What is the lease rate?
The lease rate is $17 SF/Yr.
What are key features of this property?
This property features: 7,868 SF of unfinished flex space in Suite 006; Open interior suitable for office or studio configuration; Private parking lot available to tenants
More about this property
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