1301 S Lewis Avenue

Share this listing

Pre-formatted captions, a short link, and a QR code β€” ready to paste.

Share image
Sized for LinkedIn Β· 1200Γ—627 β€” matches the caption above.
Rendering preview…

1301 S Lewis Avenue

Waukegan, IL 60085
Asking Price
$1.55M
Asset Type
Storefront Retail
Class
Class B

AI Property Summary

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

  • Retail storefront available for sale in Waukegan, Illinois.
  • Property is located at 1301 S Lewis Avenue.
  • Asking price for the commercial asset is $1,550,000.
  • Asset sits within the broader Chicago metropolitan region.
  • Strategic position suitable for various neighborhood retail operators.

What's Special

This retail storefront at 1301 S Lewis Avenue in Waukegan, Illinois, is available for sale to investors or owner-occupiers seeking a footprint in a established Lake County commercial corridor. Waukegan serves as a major industrial and logistics hub in the Chicago metropolitan area, benefiting from its proximity to Lake Michigan and regional transportation networks that support a diverse local economy. The property provides a functional layout suitable for various retail operations, ranging from neighborhood service providers to boutique shops. The storefront sits within a market characterized by steady commercial activity and a consistent local consumer base. Its positioning offers visibility for businesses looking to capture steady traffic flow in this suburban setting. With its direct access to major thoroughfares, the site is well-positioned for enterprises requiring a central presence to serve the surrounding community. This asset represents a viable addition to a diversified commercial portfolio or a strategic choice for a business owner seeking a permanent location.

Free Valuation Calculator

No login required

Run the numbers on this deal. All calculations are estimates β€” verify with your lender and accountant.

NOI
$80,000
Cap Rate
5.16%
DSCR
0.87
Underwater
Cash-on-Cash
-2.59%
Monthly Payment
$7,668.554
Annual Cash Flow
$-12,022.651

Location & Travel Times