$965,000
$1,000,000
3.5%For more information regarding the value of a property, please contact us for a free consultation.
11,479 SqFt
SOLD DATE : 10/14/2021
Key Details
Sold Price $965,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 11,479 sqft
Price per Sqft $84
MLS Listing ID 11075006
Sold Date 10/14/21
Year Built 1955
Annual Tax Amount $15,721
Tax Year 2019
Lot Dimensions 5587
Property Sub-Type Mixed Use
Property Description
Rarely Available 18-Unit property in downtown Waukegan's Central Business District. (16) Multifamily units above (2) Commercial, this property is turn-key and ready for the next owner. Excellent condition, long-term commercial tenants and many long-term residential tenants. Room to raise rent with current owner achieving 10-15% increases on move-outs. Low expenses with tenant-paid heat and electric. Won't last long-walk to dining, Genessee Theater, Waukegan Harbor, Metra Station, and Lakefront! TOUR BY APPOINTMENT - SEE VIRTUAL TOUR.
Location
State IL
County Lake
Area Park City / Waukegan
Interior
Cooling Central Air
Fireplace N
Building
Level or Stories 2
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Bought with George Toscas • ACO Commercial
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "