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Move-In Ready Office Unit
For Lease
$18 SF/Yr

415 Washington St Unit 109, Waukegan, IL 60085

Seven private offices, shared workspace, common areas, and a kitchen/break room support professional office operations.

Space Size3,761 SF
Days on Market39

Property Features for 415 Washington St Unit 109

General Information

Standard status Active
Size 3,761 SF
Net Rentable 3,761 SF

Space & Availability

Available Space 3,761 SF
Contiguous Space 3,761 SF
Space Use Office
Condition Move-in Ready
Available From Immediate
Private Offices 7

Additional Details

Road Access Yes

Amenities

private entrance/exit
kitchen/break room

Building Details

Year Built 1940
Listing Agency: Citypoint Illinois LLC
Listed By: Steve Costello
Source: Liveliferealty
Added: Jul 21 Changed: Aug 28 Last Checked: Aug 25 at 5:02AM

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 109 at 415 Washington Street provides 3,761 SF of office space available for lease. The interior includes seven private offices, one shared interior office, multiple common areas, and a kitchen/break room. A dedicated entrance and separate exit open to Martin Luther King Jr. Avenue, creating a distinct access point for occupants and visitors. The suite is described as ready for immediate occupancy and includes a professional office layout suitable for a range of office-based operations. The building was constructed in 1940.

Key Highlights

  • 3,761 SF office suite in Suite 109
  • Seven private offices plus one interior shared office
  • Multiple common areas and a kitchen/break room

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

Yes
Paved road access
NNN (Triple Net)
Lease Type
$2.70 /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 31% above 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
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Seven private offices, shared workspace, common areas, and a kitchen/break room support professional office operations.
Where is this office units located?
The property is located at 415 Washington St Unit 109 Waukegan, IL.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: 3,761 SF office suite in Suite 109; Seven private offices plus one interior shared office; Multiple common areas and a kitchen/break room
More about this property
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