1400 Sunset Ave, Waukegan, IL 60087

We are pleased to present our new exclusive listing at 1400 Sunset Road, Waukegan, Illinois. This offering provides an opportunity to acquire a stabilized, 100% occupied office property supported by long-term tenancy and durable construction. There are 5 units in the building. 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 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 offered at a 6.81% in-place Cap Rate, providing investors with both income security and long-term return potential.