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

415 Washington St Unit 109, Waukegan, IL 60085

Professional office accommodation with private access, multiple offices, shared areas, and a kitchen or break room.

Space Size3,761 SF
Days on Market2

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

Amenities

kitchen/break room
private entry/exit

Building Details

Year Built 1940
Listing Agency: Citypoint Illinois LLC
Listed By: Steve Costello
Source: Tumpanelegacy
Added: Sep 6 Last Checked: Sep 6 at 2:52PM

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 provides 3,761 square feet of office space within a 1940 building and is configured for immediate occupancy. The layout includes seven private offices, one interior shared office, several common areas, and a kitchen or break room. A dedicated private entrance and exit serves the suite from Martin Luther King Jr. Avenue.

The office configuration supports professional users seeking defined work areas alongside shared space. Its separate access point provides a direct arrival option for staff, visitors, patients, or clients, while the existing improvements reduce the need for initial build-out work.

Key Highlights

  • 3,761 SF office suite ready for immediate occupancy
  • Seven private offices plus one interior shared office
  • Several common areas throughout the suite

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
$2.70 /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

$15.09 /SF/Yr
Avg Asking Price
$9–$18 /SF/Yr
Price Range
3,948 SF
Avg Space Size

This space is priced 19% above the average of $15.09 /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 - Professional office accommodation with private access, multiple offices, shared areas, and a kitchen or break room.
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 ready for immediate occupancy; Seven private offices plus one interior shared office; Several common areas throughout the suite
More about this property
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