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.
Property Details
Price:
$1,100,000
MLS #:
MRD12560270
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Neighborhood:
parkcitywaukegan
Listed Date:
Feb 5, 2026
Total Sq Ft:
11,784
Year Built:
1960
See this Listing
Schools
Interior
Cooling
Central Air, Central Individual
Exterior
Construction Materials
Brick, Concrete, Block
Roof
Membrane
Stories
1
Financial
Tax Year
2024
Taxes
$14,991
Map
Community
- Address Waukegan IL
- CityWaukegan
- CountyLake
- Zip Code60087
Market Summary
Current real estate data for Commercial in Waukegan as of Jun 16, 2026
24
Commercial Listed
167
Avg DOM
$847,694
Avg List Price
Property Summary
- Waukegan IL is a Commercial for sale in Waukegan, IL, 60087. It is listed for $1,100,000
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Waukegan, IL


