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2000 Grand Avenue

Waukegan, IL 60085
  • $515,000
  • STATUS: Active
  • ON SITE: 156 Days
  • MLS #: 12256664
UPDATED: 24 min ago
$515,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1951
County:
Area:

School Ratings & Info

Description

Armchair investment opportunity is knocking in 2025. Sit back and collect that mailbox money with this single tenant property with long term occupancy by national credit tenant. Building is 1,500 square feet on 15k sq ft lot with plenty of parking. Tenant does all day-to-day maintenance including landscaping and snow removal. Tenant reimburses for real estate taxes. Oportun Financial has occupied the space since 2017. Current lease expires at end of 2026 and has 2 four year options to renew with healthy rent increases. Oportun is a mission-driven, technology-powered provider of inclusive, affordable financial services and a certified Community Development Financial Institution. By lending money to hardworking, low-to-moderate income individuals, Oportun helps them move forward in their lives, demonstrate their creditworthiness, and establish the credit history they need to access new opportunities. Oportun operates 300 retail locations and delivers bilingual (English/Spanish) customer service through retail locations, contact centers, and mobile to customers in twelve states: Arizona, California, Florida, Idaho, Illinois, Missouri, Nevada, New Jersey, New Mexico, Texas, Utah, and Wisconsin. Call LA for more details. Please DO NOT DISTURB TEANNT.

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© 2025 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Leila Keene & Marjorie Allabastro Team | Baird & Warner. Based on information submitted to the MRED as of 2025-06-12T21:06:36.953 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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2000 Grand Avenue Waukegan, IL 60085

  • Price: $515,000
  • Status: Active
  • On Site: 156 Days
  • Updated: 24 min ago
  • MLS #: 12256664
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1951
Built
Neighborhood:
Lake
County:
Lake
Area:
Lake
Property Description
Armchair investment opportunity is knocking in 2025. Sit back and collect that mailbox money with this single tenant property with long term occupancy by national credit tenant. Building is 1,500 square feet on 15k sq ft lot with plenty of parking. Tenant does all day-to-day maintenance including landscaping and snow removal. Tenant reimburses for real estate taxes. Oportun Financial has occupied the space since 2017. Current lease expires at end of 2026 and has 2 four year options to renew with healthy rent increases. Oportun is a mission-driven, technology-powered provider of inclusive, affordable financial services and a certified Community Development Financial Institution. By lending money to hardworking, low-to-moderate income individuals, Oportun helps them move forward in their lives, demonstrate their creditworthiness, and establish the credit history they need to access new opportunities. Oportun operates 300 retail locations and delivers bilingual (English/Spanish) customer service through retail locations, contact centers, and mobile to customers in twelve states: Arizona, California, Florida, Idaho, Illinois, Missouri, Nevada, New Jersey, New Mexico, Texas, Utah, and Wisconsin. Call LA for more details. Please DO NOT DISTURB TEANNT.
Interior Features

Cooling Central Air Heat Ventilation Central Bldg Heat Number Of TLDocks 0

Property Features

Additional Parcels YN No Building Area Total 1500 Electric Circuit BreakersService - 101 to 200 Amps Fire Protection None Gross Income 50060 Leasable Area 0 Mls Actual Status Active Net Operating Income 42003 Operating Expense 1557 Property Offered For Sale Only Property Sub Type Free Standing Store Tax Annual Amount 7640 Tax Year 2023 Total Monthly Income 4172 Type Retail/Stores Zoning COMMR

Listing information © 2025 Midwest Real Estate Data LLC.
Listing provided courtesy of Realty Clear Inc.: 708-859-8000.


© 2025 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Leila Keene & Marjorie Allabastro Team | Baird & Warner. Based on information submitted to the MRED as of 2025-06-12T21:06:36.953 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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Leila Keene & Marjorie Allabastro Team | Baird & Warner
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