Active
1400 Sunset Avenue, Waukegan, IL
  • $1,100,000
  • $1,350,000

Description

We are pleased to present our new exclusive listing at 1400 Sunset Road, Waukegan, Illinois. This offering provides an opportunity to acquire a stabilized, HUNDRED prct occupied office property supported by long-term tenancy and durable construction. The asset delivers immediate, dependable cash flow with minimal near-term rollover risk, making it well-suited for passive investors and 1031 exchange buyers. The property consists of a one-story, 10,839 SF office building with 5 units constructed of brick and concrete block, offering low maintenance requirements and long-term ownership stability. Additional features include a four-car attached garage (945 SF), an unfinished basement, 34 on-site parking spaces, and excellent signage exposure on a 24,732 SF lot. The asset is providing investors with both income security and long-term return potential.

  • Listing Courtesy of: Real Broker, LLC

Details

Updated on June 16, 2026 at 1:01 pm
  • Property ID MRD12560270
  • Price $1,100,000
  • Year Built 1960
  • Property Type Office
  • Property Status Active
  • Parcel Number 08084040010000
  • MLS Status Active
  • Co List Agent MLS ID MRD893669
  • Days On Market 131
  • Cumulative Days On Market 80
  • Tax Annual Amount 14991
  • Cooling Central Air,Central Individual
  • Directions From Sunset & Rt 137 east to property (NO SIGN)
  • BuildingAreaTotal 11784
  • LotSizeSquareFeet 24732
  • StoriesTotal 1

Address

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  • Address 1400 Sunset Avenue
  • City Waukegan
  • State/county IL
  • Zip/Postal Code 60087
  • Country United States

Overview

Property ID: MRD12560270
  • Office
  • Property Type
  • 1960
  • Year Built

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