2424 Washington Street

Waukegan, IL 60085

Opportunity Knocks! The availability of this 32,305 sf building on 2.16 acres, with 5 road cuts, located at a stoplight hard corner with approximately 31,000 vehicles per day offers a wonderful circumstance for an owner/user or investor! Substantial demographics within a 3 mile radius include a population approaching 110,000 with an average household income in excess of $90,000 per year. The median age of this site's population in this set is 33.8, 5.3 years below the national median age of 39.1. With a "going in" capitalization rate of 7.52, and approximately 6000 sf of vacant available space, the upside potential of this investment is terrific!

Listing Courtesy of MRED as distributed by MLS Grid of Callahan Blandings & Schaper



Based on information submitted to the MLS GRID as of 2026-09-24 11:51 PM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last checked: 2026-09-24 11:51 PM UTC
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