1301 S Lewis Avenue

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1301 S Lewis Avenue

Waukegan, IL 60085
Asking Price
Contact for price
Asset Type
Storefront Retail
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Retail storefront located at 1301 S Lewis Avenue in Waukegan
  • Asset is currently available for purchase within Lake County
  • Functional layout suitable for diverse neighborhood retail business operations
  • Property situated within a high-activity corridor of the market
  • Regional accessibility provided through major northern Illinois transit networks

What's Special

1301 S Lewis Avenue in Waukegan, IL, presents a retail storefront opportunity situated in a key corridor of this Lake County community. This asset type is well-positioned for local businesses looking to establish a presence within an accessible suburban market, characterized by consistent residential and commercial activity along the northern Illinois lakeshore region. The surrounding area benefits from proximity to established transit routes, facilitating both customer traffic and regional connectivity. Prospective operators or investors may consider the site for various retail applications, including neighborhood services, specialized showrooms, or boutique commercial operations that require high visibility in a functional storefront layout. The property offers a straightforward foundation for those seeking to leverage an existing commercial footprint in a well-established submarket of Waukegan.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

Location & Travel Times