Real Estate Agent Frank Gambino

Frank Gambino REALTOR®

(815) 637-0113
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1400 Sunset Avenue, Waukegan, IL 60087

$1,100,000
SAVE TOUR PROPERTY
  • 1400 Sunset Avenue, Waukegan, IL 60087 Main Photo

44 Photos

Active
SQUARE FEET11,784 MLS#12560270
STATUSActive PROPERTY TYPECommercial - Office
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Property 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.

1400 Sunset Avenue | MLS# 12560270

This commercial property located at 1400 Sunset Avenue, Waukegan, IL 60087 is currently listed for sale with an asking price of $1,100,000. Search Waukegan real estate on fgambino.gogambino.com today.

Property Features

Property Type: Commercial - Office
Cooling: Central Air, Central Individual
Lot Size: 0.57 Acres
Roof Type: Membrane
Stories: 1.0
Taxes: $14,991
Year Built: 1960

Feature Descriptions

Current Use: Commercial, Office, Medical/Dental
Electric: Service - 0 to 100 Amps
Exterior: Brick, Concrete, Block
Fire Protection: Carbon Monoxide Detector(s)
Foundation: Concrete Perimeter
Frontage Type: City Street
HVAC: Central Heat/Indiv Controls
Location: Central Business District
Lot Dimensions: 24732
Miscellaneous Indoor: Skylight/s, Storage Inside, Basement
Number of Tenant(s): 4
Parcel#: 08084040010000
Parking: 31-50 Spaces
Tenant Pays: Electricity
Units: 5

Listed By / Shown By

Listed By

Agency Name: Real Broker, LLC
Agency Phone: 217-960-8605

Shown By

Agent Name: Frank Gambino
Agent Phone: (815) 637-0113
Agency Title: Gambino Realtors

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