Shopping Centers in Waukegan, Illinois, offer a unique investment opportunity for those looking to tap into the city's diverse economy. With a mix of working-class, middle-class, and poorer neighborhoods, Waukegan presents a chance to invest in a community with a strong industrial history and a significant immigrant population. Shopping Centers in Waukegan can represent a range of investments, from retail spaces to mixed-use developments, offering a diverse range of opportunities for investors. The city's infrastructure, including the Waukegan Harbor, Waukegan National Airport, and Metra commuter rail service, makes it an attractive location for businesses and residents alike. Additionally, the city's education system, including the Waukegan Public School District and private schools like Cristo Rey St. Martin College Prep, provides a strong foundation for the community. With amenities like the Waukegan Public Library, Bowen Park, and the Genesee Theatre, Waukegan is a great place for business and travel.
With 2 Shopping Centers for sale in Waukegan, investors have a range of options to choose from. These properties offer an average price per square foot of $532 USD and an average size of 4,270 square feet, with the largest property spanning 5,940 square feet. The average cap rate for these properties is 7.07%. In addition to Shopping Centers, Waukegan also offers other investment opportunities, including Restaurants, with their unique blend of cultural and culinary experiences; Specialty Properties, which can range from entertainment venues to medical facilities; Land, for those looking to develop their own projects; and Office Properties, providing space for businesses to thrive. With its diverse economy and strong infrastructure, Waukegan is an attractive location for investors looking to make a smart investment.
What is the average cap rate for shopping centers in Waukegan?
The average cap rate for shopping centers in Waukegan is 7.07%, making it an attractive investment opportunity for those looking to capitalize on the city's diverse economy and strong infrastructure.
