For Sale
$750,000

216 Madison St Waukegan, IL 60085

Vacant, 26,875 SF Office Space

Overview

Added:
Dec 11, 2024
Days on market:
131
This exceptional two-story office building, located at 216 W Madison St in Waukegan, Illinois, presents a prime development opportunity. Boasting 26,875 square feet of vacant space, this traditional office building is priced at $750,000, or $27.91 per square foot. Its prime downtown location offers unparalleled convenience, situated just half a block from the Lake County government offices and courthouse, ensuring high visibility and accessibility. The property's strategic positioning within the heart of Waukegan provides easy access to a robust workforce and essential city services. Adding to its appeal is the adjacent two-level parking garage, addressing the crucial need for ample parking for tenants or future development plans. The building's traditional office layout offers flexibility for various business needs, making it an attractive investment for developers seeking to capitalize on the growing Waukegan market. The property is currently vacant, providing a blank canvas for immediate occupancy or extensive renovations. This presents a unique chance to acquire a substantial commercial property in a thriving Illinois location. The zip code is 60085, and the property is situated in Lake County.

Property Details for 216 Madison St

Property type
Office properties
Square Feet
26,875 SF
Stories
2

Location Insight

City
Waukegan
County
Lake
State
Illinois
Latitude
42.360913461669
Longitude
-87.832235596844

FAQs

What type of property is this?
Office property - Vacant, 26,875 SF Office Space
Where is the office property located?
The property is located at 216 Madison St Waukegan, IL.
What is the asking price?
The asking price for this property is $750,000.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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216 Madison St
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