www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
29591505
29591527

1400 Sunset Avenue, Waukegan, IL 60087 For Sale

RS
IL 475.101369
Real Broker LLC IL
Real Broker LLC IL
RS
475101369
Keller Williams North Shore West
Listed by Real Broker LLC IL, Keller Williams North Shore West
$1,100,000
163 days on market
Updated 81 days ago

1400 Sunset Avenue

Details
APN 08084040010000
Property Type Office
Sub Type Traditional Office, Medical Office (+2)
Square Footage 10,839
Units 5
Cap Rate 7.81%
Occupancy 100%
Tenancy Multi
Lease Type Modified
Class C
Year Built 1960
Lot Size (SqFt) 24,732

Office | 7.81% CAP | 10,839 SqFt

Marketing 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.
Icon
Powered by MRED
Learn More

Listing Contacts

RS
IL 475.101369
Real Broker LLC IL
Real Broker LLC IL
RS
475101369
Keller Williams North Shore West
Listed by Real Broker LLC IL, Keller Williams North Shore West

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Robert Satten
License
475.101369
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591