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

415 Washington Street 200-206, Waukegan, IL 60085

Professional office space offers private rooms, open work areas, a kitchen, restrooms, and on-site parking.

Space Size10,939 SF
Days on Market3

Property Features for 415 Washington Street 200-206

General Information

Standard status Active
Size 10,939 SF
Net Rentable 10,939 SF

Space & Availability

Available Space 10,939 SF
Contiguous Space 10,939 SF
Space Use Office
Condition Move-in Ready
Available From Immediate
Private Offices 33

Amenities

private parking lot
professional management

Building Details

Year Built 1940
Listing Agency: Citypoint Illinois LLC
Listed By: Steve Costello
Source: Liveliferealty
Added: Aug 26 Changed: Aug 28 Last Checked: Aug 28 at 8:26AM

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.

Suites 200-206 at 415 Washington Street comprise 10,939 SF of office space within the Waukegan Business Center. The layout includes 33 private offices, open workstation areas, a kitchen equipped with a dishwasher, and two private restrooms. Fifteen offices have exterior windows, while the remaining rooms support enclosed or internal work areas. The space is move-in ready for immediate occupancy.

The property includes a private parking lot and professional management. The configuration is suited to medical office, clinic, corporate headquarters, call center, and professional services users. Built in 1940, the office property combines a substantial multi-suite layout with existing workplace improvements.

Key Highlights

  • 10,939 SF across Suites 200‑206
  • 33 private offices plus multiple open workstations
  • 15 offices feature exterior windows

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

$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
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Frequently Asked Questions

What type of property is this?
Office units - Professional office space offers private rooms, open work areas, a kitchen, restrooms, and on-site parking.
Where is this office units located?
The property is located at 415 Washington Street 200-206 Waukegan, IL.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: 10,939 SF across Suites 200‑206; 33 private offices plus multiple open workstations; 15 offices feature exterior windows
More about this property
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