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Temperature-Controlled Flex Space
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54 Le Baron St, Waukegan, IL 60085

Divisible layout with office space, LED lighting, and specialized utility infrastructure.

Property Size9,500 SF
Days on Market199

Property Features for 54 Le Baron St

General Information

Standard status Active
Size 9,500 SF
Property subtype INDUSTRIAL
Listing Agency: Colliers | Chicago Rosemont
Listed By: Brendan Green
Source: Moodyscre
Added: Jan 14 Changed: Jul 31 Last Checked: Jul 31 at 5:29PM

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 Colliers | Chicago Rosemont

Investment Insights

Based on property information with market context.

This 9,500 SF flex space at 54 Le Baron St in Waukegan includes 500 SF of office space within a divisible building layout. The facility is fully temperature controlled and features 11' clear height, LED lighting, electrical bus bars, compressed airlines, and 4 DIDs.

The property is located close to I-94, providing access to a major regional transportation route. Its combination of office space, flexible configuration, environmental control, and specialized electrical and air infrastructure supports a range of commercial operating requirements.

Key Highlights

  • 9,500 SF flex space including 500 SF office
  • Fully temperature controlled with 11' clear height
  • 4 DIDs, electrical bus bars, and compressed airlines

Property Analytics

Current Use

Welding By K ... Metal Fabrication Plant

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Bakery Locksmith Electrical Service Tanning Salon

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

454
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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Similar Off Market Nearby

  • Thunderbear Corporation — 3454 Washington St, Park City, IL 60085, United States

Frequently Asked Questions

What type of property is this?
Flex space - Divisible layout with office space, LED lighting, and specialized utility infrastructure.
Where is this flex space located?
The property is located at 54 Le Baron St Waukegan, IL.
What are key features of this property?
This property features: 9,500 SF flex space including 500 SF office; Fully temperature controlled with 11' clear height; 4 DIDs, electrical bus bars, and compressed airlines
(847) 331-2157 Call to check price and availability
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