Address
210 N Martin Luther King Jr Avenue, Waukegan, IL
Price
$ 205,000
Property Attributes
- MLS#11689402
- TypeContingent
- CountyLAKE
- CityWaukegan
- AreaPark City - Waukegan
- NeighborhoodWaukegan Downtown
- Zip60085
- StyleCommercial,Office
- Year Built1950
- Taxes$ 8994
- Price$ 205,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage3230
- Lot Size9,672 SqFt
Data Source:
Midwest Real Estate Data (MRED)
Property Description
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
| Price History | |
|---|---|
| 12/17/2022 | Listed $215,000 |
| 3/17/2023 | 5% - $205,000 |
General Features
| Additional Parcels Y/N | No |
|---|---|
| City | Waukegan |
| Contingency | Other Contingency |
| Cooling | Central Air |
| County | Lake |
| Current Use | Commercial, Office |
| Days on Market | 193 |
| Directions | Glen Rock to Washington Street to North Martin Luther King Ave. |
| Electric | Circuit Breakers |
| Gross Income | 30000 |
| Leasable Area | 3230 |
| Lot Size Square Feet | 9672 |
| MLS Area | Park City / Waukegan |
| Net Operating Income | 20859 |
| Operating Expense | 8995 |
| Property SubType | Office |
| Property Type | Commercial Sale |
| Property Type | Office/Tech |
| Standard Status | Active Under Contract |
| Status | Contingent |
| Stories | 2 |
| Street Name | Martin Luther King Jr |
| Tax Annual Amount | 8994.92 |
| Tax Year | 2021 |
| Tenant Pays | Varies by Tenant |
| Year Built | 1950 |
| Zoning | OFFIC |
Interior Features
| Street Suffix | Avenue |
|---|
Exterior Features
| Building Area Total | 3230 |
|---|---|
| Exterior | Vinyl Siding |
| Foundation Details | Concrete Perimeter |
| Lot Dimensions | 70X150 |
| Total Parking | 8 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Contingent Average in 60085
Price
Taxes
Visits
Year Built
Walkscore
