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    994 Waukegan Rd Waukegan, IL 60085
    Property profile & analytics

    994 Waukegan Rd Waukegan, IL 60085


    • Retail properties & Spaces
    Off-Market

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties & Spaces

    Property Details for 994 Waukegan Rd

    Year built
    2022
    Property type
    Retail properties & Spaces

    Description

    This exceptional 2,000-square-foot retail space presents a unique opportunity for a discerning buyer in the desirable Fountain Square submarket of Waukegan. Located in a Class A building constructed in 2022, this single-tenant property is a blank canvas, ready for immediate customization. The space is a vacant shell, offering complete flexibility for tenant build-out to perfectly suit your business needs. All utilities are connected to the space, simplifying the setup process. The annual base rent is projected at approximately $64,000, translating to a monthly base rent of $5,333. It's important to note that this figure excludes common area maintenance (CAM) charges and property taxes, which will be added to the monthly expense. The property is a single-story building, providing convenient access and a streamlined layout. This prime retail location in Fountain Square of Waukegan offers high visibility and excellent accessibility, making it an ideal space for a variety of retail businesses. The buyer is responsible for all build-out costs, allowing for complete control over the final design and functionality of the space. This presents a rare chance to establish a presence in a thriving Waukegan neighborhood within a brand-new, high-quality building. Don't miss this opportunity to secure a prominent retail location in a rapidly developing area.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use


    Location Insight

    • Map
    • Local Demand
    City
    Waukegan
    County
    Lake
    State
    Illinois
    Longitude
    -87.8958
    Latitude
    42.3407
    More about this property
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