2000 Grand Ave Waukegan, IL 60085

This exceptional investment opportunity presents a 1,500 square foot retail building situated on a 15,000 square foot lot in Waukegan, Illinois, at 2000 Grand Avenue. The property boasts ample parking and is currently occupied by Oportun Financial, a national credit tenant, under a lease agreement extending to the end of 2026. The lease includes two four-year renewal options with built-in rent increases, ensuring a stable and predictable income stream for the foreseeable future. Oportun Financial, a mission-driven financial services provider, has been a tenant since 2017, demonstrating a long-term commitment to the location. The tenant is responsible for all day-to-day maintenance, including landscaping and snow removal, minimizing operational burdens for the owner. Furthermore, the tenant reimburses for real estate taxes, significantly reducing the owner's expenses. This turnkey investment offers a compelling opportunity for passive income generation with minimal management requirements. The property's location in Waukegan provides excellent visibility and accessibility. This is an ideal opportunity for investors seeking a low-maintenance, high-return investment with a strong, established tenant. The asking price is $515,000. Please do not disturb the tenant.