504 10th Street

    Waukegan, IL 60085
    • $375,000
    • STATUS: Active
    • ON SITE: 361 days
    • MLS #: 09802118
    UPDATED: 53 min ago
    $375,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,700
      SQFT
    • $66
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1950
    County:

    School Ratings & Info

    Description

    Completely rehabbed property with ample parking and great corner in 10th St business district. ***10% CAP RATE*** All the apartments have been remodeled and are done well. TWO 4 bedroom units, ONE 3 bedroom and One 2 bedroom - all fully leased with good, solid tenants. All units separately metered for gas/electric. Retail space has been remodeled and is clean and ready for occupancy. Main building has basement and has had extensive work done. All furnaces are newer. There is a extra large two stall garage on property, included. Third building is 1500SF retail space facing 10th St - Unit 506. Formerly a small restaurant - current space gutted and ready for your ideas.

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    © 2018 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 the MLS or Ryan Dallas Real Estate. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Ryan Dallas Real Estate are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing broker. 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. Data last updated: 2018-11-12T23:50:39.557.

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    www.centralilhomefinder.com/homes/78799692

    504 10th Street Waukegan, IL 60085

    • Price: $375,000
    • Status: Active
    • Updated: 53 min ago
    • MLS #: 09802118
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    5,700
    SQFT
    $66
    $/SQFT
    1950
    Built
    Neighborhood:
    Park City / Waukegan
    County:
    Lake
    Area:
    Park City / Waukegan
    Property Description
    Completely rehabbed property with ample parking and great corner in 10th St business district. ***10% CAP RATE*** All the apartments have been remodeled and are done well. TWO 4 bedroom units, ONE 3 bedroom and One 2 bedroom - all fully leased with good, solid tenants. All units separately metered for gas/electric. Retail space has been remodeled and is clean and ready for occupancy. Main building has basement and has had extensive work done. All furnaces are newer. There is a extra large two stall garage on property, included. Third building is 1500SF retail space facing 10th St - Unit 506. Formerly a small restaurant - current space gutted and ready for your ideas.
    Exterior Features

    Construction BrickWood FrameOther/Unknown Foundation Concrete Location Central Business DistrictCorner Lot Dimensions 66 X 135 Lot Sq Ft 8910 Number Of Parking Spaces 9

    Interior Features

    Air Conditioning Central Air Indoor Parking 1-5 Spaces Number Of Apts 4 Number Of Dryers 4 Number Of Offices 2 Number Of Ranges 4 Number Of Refrigs 4 Number Of Stores 2 Number Of Stories 2 Number Of Washers 4 Outdoor Parking 6-12 Spaces

    Property Features

    Age Older Built Before1978 YN Yes Electric Expense Source Owner Projection Electrical Service Circuit BreakersSeparate Meters Electricity Expense 960 Expense Year 2016 Exterior Building Type Aluminum SidingBrickFrame Fuel Expense 300 Geographic Locale North Suburban Gross Rental Income Amount 45000 Heat Ventilation Forced AirGas Insurance Expense 4500 Insurance Expense Source Owner Projection Known Encumbrances First Mortgage Monthly Rental Price 1066 Net Oper Income Amount 36300 Net Operating Income Year 2016 Number Of Tenants 4 Other Expenses 1 Possession Closing Rental Price 8 Sale Terms ConventionalFha Tax Year 2016 Taxes 8693 Tenant Pays ElectricHeatWater/Sewer Total Annual Exp 7000 Total Annual Expense Source Owner Projection Total Annual Income 45000 Total Monthly Income 3750 Township Waukegan Unincorporated YN No Water Expense 1 Zoning Type Commr

    Listing information © 2018 Midwest Real Estate Data LLC.
    Listing provided courtesy of Baird & Warner.


    © 2018 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 the MLS or Ryan Dallas Real Estate. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Ryan Dallas Real Estate are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing broker. 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. Data last updated: 2018-11-12T23:50:39.557.

    Digital Millennium Copyright Act
     
    Ryan Dallas Real Estate
    4112C Fieldstone Road
    Champaign IL, 61822