54 UNITS/ 8.8% CAP/ OFFICE SUITES BUILDING

Waukegan, IL (Lake County)

Front of Building
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Asking Price: $2,250,000

Cash Flow: $199,114

Gross Revenue: $376,556

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Real Estate: $2,250,000

Established: 1971

54 UNITS/ 8.8% CAP/ OFFICE SUITES BUILDING

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Business Description

Coldwell Banker Commercial NRT is pleased to present a recently renovated office building located at 2835 Belvidere Road in Waukegan, Illinois. This 54-unit,
multi-tenant, 2.5 story professional ofUce/retail building fronts on
Belvidere Road (Route 120) just east of the trafUc light intersection
with Green Bay Road and has easy access to Rte. 41, I-94, and
downtown Waukegan.

High Lights:
• Located in Retail Corridor
• Ample Parking
• Located on Corner of Green Bay Road and Belvidere Road
• High TrafUc Counts Along Belvidere Road with 27,900 Vehicles per Day
• One mile from Skokie Highway / Rt 41
• 2.5 Miles from Downtown Waukegan
• Four Miles from Six Flags Great America
• Six Miles from Gurnee Mills Mall
• Newer Roof
• Newer Exterior Paint Job

For any questions Please reach out to listing brokers Paul Proano (312) 860-4043
or Edward Dingman (847)987-6626

Attached Documents


Detailed Information

Location:
Waukegan, IL
Inventory:
Included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
36,000
Employees:
2
Facilities:
Recently renovated of office building conveniently located on Rte. 120, just east of Green Bay, in Waukegan. Easy access to Rte. 41, I-94 and downtown Waukegan.
Competition:
In a retail corridor 1 mile from the major express way.
Growth & Expansion:
Rent's from tenants ants are under market, could raise rents and increase your cap to 11%.
Financing:
Seller will stay and manage for 6 Months if needed
Support & Training:
Seller will assist in Managing property for 6 Months to a year after sale. Seller will share his contacts and help with all operations .
Reason for Selling:
Seller Looking to Move out of state
Business Website:
http://vimeo.com/335607647
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Eddy Dingman

Business Listed By:
Eddy Dingman

Coldwell Banker Commercial NRT

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