For Sale
$500,000

1809 Washington St Waukegan, IL 60085

Prime Waukegan location, two buildings, high traffic.

Overview

Added:
Feb 3
Days on market:
74
This exceptional investment opportunity presents two buildings situated on a sizable lot at the highly visible intersection of Washington Street and Lewis Avenue in Waukegan, Illinois. The main building is a spacious storefront benefiting from significant vehicular and pedestrian traffic, ideal for a variety of retail or commercial uses. The second building is a substantial two-flat structure, offering two separate three-bedroom residential units. Each unit provides ample living space, presenting options for owner occupancy or continued rental income generation. The expansive lot offers convenient parking, accommodating over seven vehicles, and features two driveways for easy access. This property offers a unique blend of commercial and residential potential, making it an attractive investment for both seasoned investors and those seeking a diversified portfolio. The asking price for this combined property is $500,000. The property's location at a major intersection ensures high visibility and accessibility, maximizing potential for both commercial and residential success. The existing infrastructure, including ample parking and dual driveways, further enhances the property's appeal and functionality. This is a rare opportunity to acquire a well-positioned mixed-use property in a thriving Waukegan location.

Property Details for 1809 Washington St

Property type
Mixed-use properties
Year Built
1971

Location Insight

City
Waukegan
County
Lake
State
Illinois
Latitude
42.35949
Longitude
-87.85503
1809 Washington St, Waukegan, Illinois

FAQs

What type of property is this?
Mixed-use property - Prime Waukegan location, two buildings, high traffic.
Where is the mixed-use property located?
The property is located at 1809 Washington St Waukegan, IL.
What is the asking price?
The asking price for this property is $500,000.
How can I contact the broker?
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1809 Washington St
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