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    FOR LEASE
    Gas stations

    3000 Washington St, Waukegan, IL 60085

    1,974 SF 0.52 ac lot Built 1969
    Entity Owned 3-yr Hold Free & Clear
    Property ID
    US28-1946313
    3000 Washington St, Waukegan, IL 60085 For Lease
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    3000 Washington St, Waukegan, IL 60085
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    Property summary
    AI-generated overview

    This exceptional commercial land parcel, totaling 22,351 square feet, is strategically located at 3000 Washington Street in Waukegan, Illinois, zip code 60085. The property boasts a highly desirable location with exceptional visibility and accessibility due to its frontage on Washington Street, which experiences a high volume of daily traffic (27,000 vehicles per day), and its proximity to Green Bay Road (24,800 VPD). This prime location ensures significant exposure for any commercial development. The site is designated as a single-tenant property, offering flexibility for a variety of commercial uses. The area is well-established, with nearby retail establishments including CVS and Dunkin' Donuts, indicating a strong existing commercial presence and consumer base. The property's pin numbers are 08-19-400-043 and 08-18-400-044. This presents a rare opportunity to acquire a substantial commercial land parcel in a thriving location with high traffic counts and established retail neighbors. The property is classified as commercial land for single tenancy. This is an ideal location for businesses seeking high visibility and convenient access to a busy thoroughfare.

    Property profile
    Verified
    Property type Gas stations
    Use group SERVICE STATION WITH FOOD MART
    Year built 1969
    Construction FRAME
    Total area 1,974 SF
    Lot 0.52 ac (22,651 SF)
    APN 08-19-400-044
    UPID US28-1946313
    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
    • Subway Restaurant
    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
    Red Crown Holding LLC 139 · 3 yrs held
    Red Crown Holding LLC 139
    since 2023
    3 recorded transactions
    2023
    2022
    2009
    $262,338
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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