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Financial
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Property profile

2424 Washington St Waukegan, IL 60085

OFF-MARKET
Office buildings
Property ID
US28-2394077
14,863 SF 1.74 ac lot Built 1960
Last sale Dec 2013 · $250,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 12-yr Hold Held for 12 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a specialty-use facility consisting of a 32,305-square-foot building constructed in 1960 on a 2.16-acre site. The site is zoned COMMR and includes approximately 6,000 square feet of vacant space within the existing improvements. Access is supported by five road cuts, and the building is situated on a hard corner with control by a traffic signal at 2424 Washington Street in Waukegan, Illinois, with Washington Street exposure estimated at approximately 31,000 vehicles per day. The…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$26k
Tax billed · 2023
Assessed value$281k
Assessed land$131k
Assessed improvement$149k
Effective rate9.17%

Value estimate

· Oct 2026
$500k
$450k – $550k
AI approach$500k
Submarket $/SF estimate$862k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$62/SF
ZIP average, outlier-cleaned · 38 recorded sales of this use type
Observed band · Q1–Q3$36 – $86

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionLAKE

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency13.1
Parking Facility11.3
HVAC Service10.7

Location

2424 Washington St Waukegan, IL 60085-5074
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
Waukegan, IL 60085-8110 $280,000 Sep 2024 8,156 SF
1411 White Oak, Waukegan, IL 60085-8302 $1,200,000 Jan 2024 9,442 SF
2751 Washington, Waukegan, IL 60085-4928 $202,500 Dec 2023 11,748 SF
1733 Washington, Waukegan, IL 60085-5179 $318,000 Nov 2023 8,160 SF
3210 Grand, Waukegan, IL 60085-2204 $5,535,500 Jun 2023 10,440 SF
4000 Northpoint, Waukegan, IL 60085-6718 $2,500,000 Mar 2023 8,776 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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