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Financial
Distress signals
Property profile

415 Washington St 004A Waukegan, IL 60085

FOR LEASE
Office buildings
Property ID
US28-1969353
82,767 SF 2.61 ac lot Built 1950
Last sale Mar 2020 · $3,100,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 6-yr Hold Held for 6 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

Suite 006 at 415 Washington Street is an unfinished flex-space unit within the Waukegan Business Center, offering 7,868 square feet of open interior suitable for office, studio, or other professional build-outs. The suite is configured as a blank starting point for tenant improvements, with a layout that can be adapted to planned use. The building, constructed in 1940, is located in Waukegan, Illinois, and the property includes access to a private parking lot.

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?
$99k
Tax billed · 2023
Assessed value$1.08M
Assessed land$307k
Assessed improvement$768k
Effective rate9.19%

Value estimate

· Oct 2026
$4.06M
$3.65M – $4.47M
AI approach$4.28M
Submarket $/SF estimate$3.30M

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 agency39.0
Dental Office30.3
Wholesale Shop24.9

Location

415 Washington St, Unit 004A Waukegan, IL 60085
County assessor Recorded deeds · 12 transfers 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
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
3210 Grand, Waukegan, IL 60085-2204 $5,535,500 Jun 2023 10,440 SF
33 County, Waukegan, IL 60085-4315 $974,000 Jan 2023 33,534 SF
1507 Waukegan, Waukegan, IL 60085-6727 $1,610,000 Jul 2022 58,356 SF
1501 White Oak, Waukegan, IL 60085-8303 $730,000 Jul 2022 39,752 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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