2116 & 2101 Williamsburg Drive Active Save Request In-Person Tour Request Virtual Tour
Waukegan,IL 60085
Key Details
Property Type Commercial
Sub Type Multi Family 5+
Listing Status Active
Purchase Type For Sale
Square Footage 18,252 sqft
Price per Sqft $98
MLS Listing ID 12293660
Year Built 1950
Annual Tax Amount $10,655
Tax Year 2023
Lot Size 0.410 Acres
Lot Dimensions 60X134
Property Sub-Type Multi Family 5+
Property Description
This exceptional 12-unit investment opportunity consists of two 6-unit buildings each with five 2 bedroom, 1 bathroom units, and one 1 bedroom 1 bathroom unit, located directly across the street from each other, allowing for easy management and tenant access. Each building has been renovated, featuring updated flooring, electrical, paint, modern cabinets, and newer appliances, making these units highly desirable for tenants. Both buildings offer cash flowing washer and dryer facilities in the lower level/basement, providing on-site convenience and additional revenue. The boilers were fully serviced and cleaned in 2022, ensuring efficient heating and long-term durability. Additionally, outdoor parking is available for tenants in off-street designated spots, adding further value to this well-maintained property. Currently cash flowing with tenants in place at market rent rate, lease option for month to month after lease term allowing for the home to be sold to a non-investor and become owner-occupied should someone have interest. This property is part of a larger real estate portfolio for sale, making it a great opportunity for investors or homebuyers alike. Property can be sold as part of a portfolio for a package deal or alone, including the following MLS listings: 12293655, 12293654, 12293650, 12293646, 12293653, 12293643, 12293645, 12293632, 12293662, 12293648, 12293664, 12293660, 12297303. With strong rental potential and strategic positioning, this turnkey investment is perfect for any investor looking to expand their portfolio. Schedule a viewing today!
Location
State IL
County Lake
Zoning MULTI
Rooms
Basement Block
Interior
Cooling Window Unit(s)
Fireplace Y
Exterior
View Y/N true
Roof Type Tar/Gravel,Other
Building
Foundation Concrete Perimeter
Structure Type Brick,Vinyl Siding
Others
HOA Fee Include Water,Exterior Maintenance,Lawn Care,Scavenger,Snow Removal