Waukegan, IL 60085,2116 & 2101 Williamsburg DR
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Waukegan, IL 60085,2116 & 2101 Williamsburg DR
Waukegan, IL 60085,2116 & 2101 Williamsburg DR
Waukegan, IL 60085,2116 & 2101 Williamsburg DR
Waukegan, IL 60085,2116 & 2101 Williamsburg DR

$1,040,000

Est. payment /mo

$1,199,900

13.3%
Est.Price: ?

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2116 & 2101 Williamsburg DR Waukegan, IL 60085

7,212 SqFt

SOLD DATE : 01/19/2024

Key Details

Sold Price $1,040,000

Property Type Multi-Family

Sub Type Multi Family 5+

Listing Status Sold

Purchase Type For Sale

Square Footage 7,212 sqft

Price per Sqft $144

MLS Listing ID 11777044

Maintenance Fees $1,200

Year Built 1950

Annual Tax Amount $17,856

Tax Year 2022

Lot Size 0.360 Acres

Property Sub-Type Multi Family 5+

Property Description

Excellent opportunity to own 2 Cash Cows on the Northwest side of Waukegan. Two 6-unit buildings conveniently located across the street from each other for easy management. 100% occupied and excellent operational history. 5 out of the 12 units have been completely renovated with new flooring, fresh window coverings, newly painted trim, walls and cabinets complete with new refrigerators and ovens along with 5 new dishwashers. There has been many updates including new water heater in 2116, 3 new refrigerators in 2116. New coin operated washing machine in 2116. Both boilers were fully serviced and cleaned out in 2022.These buildings are no brainers for the savvy investor. Properties are being offered at an 9.55 Cap with more room to raise rents as is or bring in working capital to upgrade the remaining units to collect top dollar! These 12 units are a perfect addition to a growing investors portfolio you won't want to miss out!

Location

State IL

County Lake

Area Park City / Waukegan

Zoning MULTI

Interior

Cooling Window Unit(s)

Exterior

Utilities Available Sanitary Sewer, Water-Municipal

Roof Type Tar and Gravel,Other

Building

Structure Type Brick,Wood Frame

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Midwest Real Estate Data (MRED) IDX
Listed by Carlos Lopez • RE/MAX At Home
Bought with Toynoia Briggity • Chayanta Spaniol
agent

Pat Smarto

Managing Broker / Owner | License ID: 471.000052,

+1(847) 338-3848

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