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LAKE COUNTY OUTSIDE STORAGEAND TRUCK PARKING 1020 Elizabeth Ave 8,800 SF 100% Leased Industrial Building Waukegan, IL 60085 $6,241,590 CAD ($709.27 CAD/SF)
Investment Highlights
- Partially Occupied 8,800-Square-Foot Industrial Property Situated on 3.02 Acres
- Vacant 6,700-Square-Foot Warehouse Space with IOS for Owner Use or Lease-Up Investment Opportunity
- Featuring Two Units, 17' Clear-Height, One 14' Grade-Level Door, ±2.75 Acres of Fenced-In IOS, and Proximity to I-94
- 1,800-Square-Foot Office Space Leased Until October 2028 | Office Trailer Space Leased on Monthly Basis
Executive Summary
For sale is an 8,800-square-foot industrial shop and office space situated on 3.02 acres of land. The building features two buildings with a 17-foot clear height, allowing for ample storage and working space. One 14-foot grade-level door facilitates easy access for large equipment and materials. The property also includes approximately 2.75 acres of fenced-in industrial outside storage space, ideal for storing equipment, vehicles, or materials. The proximity to Interstate 94 provides convenient access to major transportation routes. This location is beneficial for businesses that require easy shipping and receiving.
Available for owner use is a 6,700-square-foot warehouse space with ample industrial outdoor storage. The 1,800-square-foot office space is currently leased until October 2028, providing a steady income stream. An office trailer space is also leased every month, adding to the property's revenue potential. The combination of leased and vacant spaces creates a unique investment opportunity to lease up the property. The property's layout and features make it an attractive option for businesses seeking a versatile industrial space.
Available for owner use is a 6,700-square-foot warehouse space with ample industrial outdoor storage. The 1,800-square-foot office space is currently leased until October 2028, providing a steady income stream. An office trailer space is also leased every month, adding to the property's revenue potential. The combination of leased and vacant spaces creates a unique investment opportunity to lease up the property. The property's layout and features make it an attractive option for businesses seeking a versatile industrial space.
Property Facts
| Price | $6,241,590 CAD | Rentable Building Area | 8,800 SF |
| Price Per SF | $709.27 CAD | No. Stories | 1 |
| Sale Type | Investment or Owner User | Year Built | 1960 |
| Property Type | Industrial | Clear Ceiling Height | 20’ |
| Building Class | C | No. Drive In / Grade-Level Doors | 1 |
| Lot Size | 3.00 AC | ||
| Zoning | IR - Industrial | ||
| Price | $6,241,590 CAD |
| Price Per SF | $709.27 CAD |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Building Class | C |
| Lot Size | 3.00 AC |
| Rentable Building Area | 8,800 SF |
| No. Stories | 1 |
| Year Built | 1960 |
| Clear Ceiling Height | 20’ |
| No. Drive In / Grade-Level Doors | 1 |
| Zoning | IR - Industrial |
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Fairly walkable
50/100
Moderately drivable
60/100
Limited public transit
30/100
Very bikeable
80/100
Property Taxes
| Parcel Number | 08-32-203-009 | Improvements Assessment | $151,151 CAD |
| Land Assessment | $118,377 CAD | Total Assessment | $269,527 CAD |
Property Taxes
Parcel Number
08-32-203-009
Land Assessment
$118,377 CAD
Improvements Assessment
$151,151 CAD
Total Assessment
$269,527 CAD
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LAKE COUNTY OUTSIDE STORAGEAND TRUCK PARKING | 1020 Elizabeth Ave
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