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Property profile & analytics
OFF-MARKET
Retail space

1524 Lewis Ave Waukegan, IL 60085-1760

3,964 SF 0.26 ac lot Built 1965
Entity Owned 2-yr Hold Free & Clear
Property ID
US28-1438239
Property summary
AI-generated overview

This exceptional retail property, located at 1524 N Lewis Ave, offers a fantastic opportunity for a single-tenant business. Boasting a generous 3,964 square feet of space, this property is ideally situated in the heart of a bustling business district, experiencing a daily traffic count exceeding 20,000 vehicles. The building is zoned B2, providing flexibility for a variety of retail uses. Ample parking is available with 10 spaces provided on-site. The single-tenant occupancy ensures exclusive use of the entire space, offering significant control and branding opportunities. This prime location guarantees high visibility and accessibility for customers, making it an ideal choice for businesses seeking a strong presence in a high-traffic area. The property's size and location combine to create a compelling investment opportunity for businesses looking to establish or expand their operations in a thriving commercial environment. The property is ready for immediate occupancy, allowing for a swift and efficient transition into your new business space. Take advantage of this exceptional opportunity to secure a prominent retail location in a high-demand area. Contact us today to schedule a viewing.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1965
Construction BRICK
Total area 3,964 SF
Lot 0.26 ac (11,160 SF)
APN 08-17-109-001
UPID US28-1438239
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • ANGUIANO TAX SERVICE Tax Preparation
  • Crowley Masonry Company General Contractor Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
1524 North Lewis Avenue LLC · 2 yrs held
1524 North Lewis Avenue LLC
since 2023
Last sale
$275,000
4 recorded transactions
2023
Price N/A
2023
Price N/A
2023
$275,000
2020
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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