912 W Greenwood W Avenue, Waukegan, IL 60087

  • $325,000
  • $360,000
912 W Greenwood W Avenue, Waukegan, IL 60087
For Sale
912 W Greenwood W Avenue, Waukegan, IL 60087
  • $325,000
  • $360,000

Overview

Property ID: 9985714
  • Commercial Sale
  • Property Type
  • 1952
  • Year Built

Description

NOW AVAILABLE FOR LEASE OR SALE! Perfect for a contractor, landscaper, office, gym, restaurant, storage or small business. The shop and office is available for just $2,000 to $2,300 per month depending on utility usage! The 3 Apartment’s above are leased like clockwork. The building has a total of 4 UNITS with the 3 apartments upstairs and the shop/office below. – 1st time on the market since 1961! This mixed use building has been the home of Wendricks White Plumbing for over 60 years. The main floor consists of 2,400 sq ft of office and shop space. In the rear is a covered parking spot with 212 sq ft of cold storage. The 3 apartments on the second floor total 2,375 sq ft making this 5,000 sq ft building a great investment for an owner user or someone looking to add to their portfolio. The shop & office on main level is now vacant and ready for a new business or an owner user. Previously the Gross Monthly Income was $4,355 / $52,260 Yearly. All the rents are below market so plenty of room to grow the income! Oncer the lower commercial space is leased for $2,000 to $2,300 per month it would bring the gross rent for the year over $60,000. Buyers need to have cash or at least 30% down prior to viewing. please provide proof of funds before calling or scheduling a showing, we get a lot of calls but no one has the backing so please be ready. If financing be sure your lender is qualified and knows the commercial market and that this is a mixed use property, please no time wasters. We do not own the parking lot next door with the old car wash. Thank you!

  • Address 912 W Greenwood W Avenue
  • City Waukegan
  • State/county IL
  • Zip/Postal Code 60087
  • Country United States

Details

Updated on August 25, 2024 at 3:03 pm
  • Property ID: 9985714
  • Price: $325,000
  • Year Built: 1952
  • Property Type: Commercial Sale
  • Property Status: For Sale
  • Living Area: 5000
  • MLS#: MRD11886148
  • Office Name: WENDRICKS REAL ESTATE
  • Agent Name: Mike Wendricks
  • MLS Status: Active
  • Living Area Prefix: SqFt

Additional details

  • List Office MLSID: MRD1663
  • List Agent MLSID: MRD26319
  • List Date: 2023-09-15T14:42:02.000Z
  • Roof: Composition,Rubber
  • Cooling: None
  • Tax Annual: 5156.36
  • Tax Year: 2022
  • County: Lake
  • Property SubType: Medical,Neighborhood Storefront,Restaurant,Strip Center

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