3720 Hawthorne Ct - Warehouse FOR SALE


Waukegan, IL 60087
$1,150,000 USD
847-383-6600
3720 Hawthorne Ct, Waukegan, IL for Sale
$1,150,000 USD
Warehouse - FOR SALE
1/26
null | Request Cap Rate

3720 Hawthorne Ct
Waukegan, IL 60087


OVERVIEW

An impressive commercial building offering approximately 8,800 square feet of combined warehouse and office space, ideal for a variety of business uses. The front office area features four private offices, a spacious conference room, shared open workspaces, a kitchen, and a dedicated break area, all thoughtfully connected to the warehouse section. The warehouse boasts 14-foot ceilings, excellent for storage or operations requiring vertical space. It includes one dock with an overhead door and three additional overhead garage doors, providing versatile access for deliveries, shipping, and equipment. This property presents a turnkey opportunity for businesses seeking a functional and well-laid-out commercial space. These photos have been taken prior to tenant moving in. Tenant currently has a 3-year lease that started on April 1, 2024 with 2 options to extend for 3 years each. The first 3 years the tenant pays $7,000/month. Option: years 4,5,6 $7,500/month Option: years 7,8,9 $8,000/month The tenant pays for all the utilities. The seller pays for insurance and property taxes. Seller has indicated depending on offer received, tenant buy-out may be an option.

FOR SALE DETAILS

PRICE

$1,150,000 USD

PRICE/SF

$128 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1982

UTILITIES

Gas - Natural, Water - City, Sewer - City, Heating - Gas

CLEAR CEILING HT

14 Ft

DOCKS

1

DRIVE INS

3

PARKING SPACES

6

LAND DETAILS

LAND ACRES

1.06

LAND SF

46,376

ZONING

-

APN/PARCEL ID

07-12-218-016

ASK ABOUT THIS PROPERTY

Jodi Cinq-MarsKeller Williams North Shore WestMore Info
847-383-6600

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Jodi Cinq-MarsKeller Williams North Shore WestMore Info
847-383-6600

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.