$1,100,000

1400 Sunset Avenue, Waukegan IL, 60087

Price per sqft$93.35

Built in1960

Property size11,784 sqft

Property typeCommercial

Listed by Robb Satten with Real Broker, LLC 847-875-8201

Overview

Active

Listed Feb 5, 2026

Updated Sep 5

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.

Additional information

MLS^® ID: 12560270

Interior Features

Bedrooms: 0
Cooling: Yes
Basement: No

Exterior Features

Lot Size: 0.57 Acres

Other Property Details

Taxes: $14,992
Tax Frequency: Annually

Listed by Robb Satten with Real Broker, LLC 847-875-8201

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity^SM Program of Midwest Real Estate Data. Real estate listings held by brokerage firms other than The Tamara OConnor Team are marked with the Broker Reciprocity^SM logo or the Broker Reciprocity^SM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.

Based on information submitted to the MLS GRID for MRED 9/5/2026. 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. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. Properties displayed may be listed or sold by various participants in the MLS. Properties displayed may be listed or sold by various participants in the MLS.

Data is refreshed every 3 hours. Listing last updated 3:30 AM UTC on 9/5/2026.

DMCA Notice