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Waukegan Office/Flex Space Available
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415 Washington Street #214, Waukegan, IL 60085

4,131 SF office/flex space ready to customize.

Property Size4,131 SF
Days on Market135

Property Features for 415 Washington Street #214

General Information

Standard status Active
Size 4,131 SF
Property subtype Commercial

Building Details

Year Built 1940
Listing Agency: CITYPOINT ILLINOIS LLC
Listed By: STEVE COSTELLO
Source: Corcoran
Added: Mar 18 Changed: Jul 10 Last Checked: Jul 29 at 9:39AM

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 214 at 415 Washington Street offers 4,131 square feet of unfinished office or flex space, ready to be customized. The open layout provides an opportunity for a professional office, creative workspace, medical, or light tech use, with flexible floor plan options and abundant natural light from multiple windows. The suite also features a private restroom. Located within the Waukegan Business Center, tenants benefit from a private parking lot, professional management, and a convenient central location. It is ideal for a user seeking a build-to-suit opportunity or value-driven expansion space. Immediate occupancy is available.

Key Highlights

  • 4,131 SF of Unfinished Office/Flex Space Ready for Customization
  • Flexible Floor Plan Options Suitable for Office, Creative Workspace, Medical, or Light Tech Use
  • Abundant Natural Light from Multiple 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

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

$15.25 /SF/Yr
Avg Asking Price
$13–$18 /SF/Yr
Price Range
4,051 SF
Avg Space Size

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?
Flex space - 4,131 SF office/flex space ready to customize.
Where is this flex space located?
The property is located at 415 Washington Street #214 Waukegan, IL.
What are key features of this property?
This property features: 4,131 SF of Unfinished Office/Flex Space Ready for Customization; Flexible Floor Plan Options Suitable for Office, Creative Workspace, Medical, or Light Tech Use; Abundant Natural Light from Multiple Windows
More about this property
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