Description
Executive Tower, located at 325 Washington Street, offer investors an excellent opportunity to own a cash flowing office building in the heart of downtown Waukegan, IL. With close proximity to the Lake County Courthouse, this building offers its tenants easy access to the seat of Lake County's government as well as many popular downtown destinations including a variety of dining, shopping and entertainment options. 325 Washington is a 4-story, oval shaped multi-tenant office building with a net rentable area of 20,567 square feet. The property includes 52 parking spaces (20 surface & 32 in an attached underground parking structure) and is currently 93.56% leased (includes a 12-month master lease of 4,059 sf by Seller through 12/31/2023). This building can be purchased as part of a 4-building portfolio. The other properties are: 33 N. County St., Waukegan; 2504 Washington St., Waukegan; and 49 Sherwood Terrace, Lake Bluff.
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School Ratings & Info
Description
Executive Tower, located at 325 Washington Street, offer investors an excellent opportunity to own a cash flowing office building in the heart of downtown Waukegan, IL. With close proximity to the Lake County Courthouse, this building offers its tenants easy access to the seat of Lake County's government as well as many popular downtown destinations including a variety of dining, shopping and entertainment options. 325 Washington is a 4-story, oval shaped multi-tenant office building with a net rentable area of 20,567 square feet. The property includes 52 parking spaces (20 surface & 32 in an attached underground parking structure) and is currently 93.56% leased (includes a 12-month master lease of 4,059 sf by Seller through 12/31/2023). This building can be purchased as part of a 4-building portfolio. The other properties are: 33 N. County St., Waukegan; 2504 Washington St., Waukegan; and 49 Sherwood Terrace, Lake Bluff.
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