Technical
Financial
Distress signals
Property profile

2615 Washington St Waukegan, IL 60085

OFF-MARKET
Medical Office Space
Property ID
US28-4793257
91,058 SF 30.15 ac lot Built 2020
Entity Owned 8-yr Hold Free & Clear
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Property profile

Verified
Property type Medical Office Space
Use group MEDICAL CLINIC
Year built 2020
Construction BRICK
Total area 91,058 SF
Lot 30.15 ac (1,313,334 SF)
APN 08-19-400-058
UPID US28-4793257

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Crisis Center Medical Clinic
  • Physician
  • Physician
  • Hospital
  • Physician

Location

2615 Washington St Waukegan, IL 60085-4980
Waukegan metro Census 862604 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$10.55M
Blend (final) Blend
$10.61M

Owner & transaction history

since 2018
7 recorded transactions
2019
Price N/A
2018
$2.0M
2016
Price N/A
2014
Price N/A
2006
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Restaurant $10.4M +33.2%
Auto repair, garage $8.3M +6.5%
Warehouse, storage $7.9M +1.4%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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