210 N Martin Luther King Jr Avenue Waukegan, IL $ 205,000
210 N Martin Luther King Jr Avenue
$ 205,000
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210 N Martin Luther King Jr Avenue

Waukegan, IL, 60085
$ 205,000
Baths0.0 Sq 3,230

Monthly Estimate*

$ 1,362

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Studio

Commercial Property for sale in Waukegan, IL

for $205,000. This 3,230 square foot building was built in 1950 on a lot size of 0.222039.

Speaciouse office suites available for sale one block from the COURTHOUSE!!! This space is perfect for Law Firms, Real Estate Services, Insurance Services, Financial Services, Staffing Services, etc. Close to courthouse, Downtown Waukegan, and Metra. 8 Parking spaces available behind building as well as additional on the street. Zoning is as Follows per City of Waukegan 9.2-1 Purpose The O/I-1 Office/Institutional District is designed primarily to accommodate office buildings, civic and governmental structures, and educational and institutional buildings in a mutually compatible environment. The O/I-1 District is intended for mapping adjacent to the Central Business District. 9.2-2 Conditions All business, servicing, or storage, except for off-street parking or loading, shall be conducted within completely enclosed buildings. 9.2-3 Permitted Uses The following uses are permitted in the O/I-1 District: 1. Cultural and civic institutions a. Public aquariums b. Public art galleries c. Public libraries d. Public museums 2. Funeral homes 3. Medical and dental clinics 4. Municipal buildings and facilities 5. Offices: business, professional, and governmental 6. Philanthropic and charitable institutions 7. Recreational and social facilities a. Parks and playgrounds b. Recreational buildings and community centers, non-commercial 8. Religious institutions a. Churches, chapels, temples, synagogues b. Rectories, parsonages

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Commercial Active

Price

$ 205,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 8,994

Style

Commercial,Office

Lot Size

0.222039

Year Built

1950

Town/City

Waukegan

County/Region

Lake

MLS | Web ID

11689402

Features
General
Cooling Central Air
Zoning OFFIC
Year Built 1950
Electric Circuit Breakers
Tenant Pays Varies by Tenant
Stories 2
Property SubType Office
Tax Year 2023
Current Use Commercial Office
Gross Income 30000
County Lake
Net Operating Income 20859
Operating Expense 6792
Property Type Commercial Sale Office/Tech
Status Active
Directions Glen Rock to Washington Street to North Martin Luther King Ave.
City Waukegan
MLS Area Park City / Waukegan
Lot Size Square Feet 9672
Street Name Martin Luther King Jr
Tax Annual Amount 8994.92
Additional Parcels Y/N N
Leasable Area 3230
Days on Market 527
Standard Status Active
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Exterior
Foundation Details Concrete Perimeter
Building Area Total 3230
Lot Dimensions 70X150
Exterior Vinyl Siding
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Interior
Street Suffix Avenue
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* Excluded Features
List By
Keller Williams Success Realty

Broker

nyssafenske@gmail.com

Email

Affordability Calculator

$2,112
Per Month
65%
35%
0%
Monthly Principal & Interest
$1,362
Monthly Property Taxes
$750
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/29/2023$205,000 Listed Price

Map


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210 N Martin Luther King Jr Avenue, Waukegan, IL, 60085 is a Commercial Property for sale at $205,000 with 3,230 sqft and a lot size of 0.222039. 210 N Martin Luther King Jr Avenue is a studio with 0.0 baths and was built in 1950. The property's zip code is 60085 which is in Waukegan, IL