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216 Madison St Waukegan, IL 60085

Sponsored
For Sale
$750,000

Vacant, 26,875 SF Office Space

Property size:
26,875 SF

Description

Added:
Dec 11, 2024
Days on Market:
392
This exceptional two-story office building, located at 216 W Madison St in Waukegan, Illinois, presents a prime development opportunity. Boasting 26,875 square feet of vacant space, this traditional office building is priced at $750,000, or $27.91 per square foot. Its prime downtown location offers unparalleled convenience, situated just half a block from the Lake County government offices and courthouse, ensuring high visibility and accessibility. The property's strategic positioning within the heart of Waukegan provides easy access to a robust workforce and essential city services. Adding to its appeal is the adjacent two-level parking garage, addressing the crucial need for ample parking for tenants or future development plans. The building's traditional office layout offers flexibility for various business needs, making it an attractive investment for developers seeking to capitalize on the growing Waukegan market. The property is currently vacant, providing a blank canvas for immediate occupancy or extensive renovations. This presents a unique chance to acquire a substantial commercial property in a thriving Illinois location. The zip code is 60085, and the property is situated in Lake County.

Property Features for 216 Madison St

General Information

Property type
Office Properties & Spaces
Square Feet
26,875 SF

Building Details

Stories
2

Property Profile Location Intelligence

Current Use by Public Records

Franks William Y Attorney Commercial Lending Waukegan ... Finance Broker

Suggested Use

Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Waukegan
County
Lake
State
Illinois
Longitude
-87.832235596844
Latitude
42.360913461669

FAQs

What type of property is this?
Office Property / Space - Vacant, 26,875 SF Office Space
Where is this office property / space located?
The property is located at 216 Madison St Waukegan, IL.
What is the asking price?
The asking price for this property is $750,000.
More about this property
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