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    OFF-MARKET
    Office buildings

    311 Genesee St, Waukegan, IL 60085-4205

    3,904 SF 0.18 ac lot Built 1960
    Individually Owned ~ Est. High Equity
    Property ID
    US28-2104555
    Property summary
    AI-generated overview

    This exceptional 3,904 square foot commercial property, located at 311 N. Genesee St in Waukegan, Illinois (zip code 60085), presents a unique investment opportunity. Built in 1960, this single-story, solid brick and block building sits on an 8,052 square foot lot and is zoned B5 Central Service District, allowing for a variety of uses. The asking price is $285,000, translating to $73 per square foot. The property features seven private offices, a conference room, and two spacious open areas, ideal for flexible layouts. Twelve dedicated parking spaces are included, providing ample convenience for employees and clients. A small kitchenette adds to the functionality of the space. This well-maintained building has been owned by the same party for over 25 years and is now being offered for sale for the first time in that period. The property's versatility makes it suitable for office, retail, or a combination of uses, catering to a wide range of potential buyers. The property consists of one unit and is located in Lake County, Illinois. The APN is 0821212037.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1960
    Construction BRICK
    Total area 3,904 SF
    Lot 0.18 ac (8,052 SF)
    APN 08-21-212-037
    UPID US28-2104555
    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
    • Affordable Auto Insurance Marketing & Advertising
    • Swarztrauber & Co Tax Preparation
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    W Sanchez Accounting And Tax Servic
    W Sanchez Accounting And Tax Servic
    since 2025
    Last sale
    $255,000
    3 recorded transactions
    2025
    $255,000
    2002
    $77,500
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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