Price Reduced Listing
2116 & 2101 Williamsburg Drive , Waukegan, IL 60085
Waukegan, IL 60085
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!
Details
| MLS# | 12293660 |
|---|---|
| Listing Type | For Sale |
| Style | Town House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1950 |
| Days On Site | 52 |
| Listing Provided By | eXp Realty, LLC - Chicago North Ave | Toynoia Briggity |
Features
| SQ Feet | 18,252 |
|---|---|
| Basement | Y |
| Story(s) | 3 |
| Units | 12 |
| Zoning | MULTI |
| Acreage | 0.41 |
Market Activity 60085
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Learn More About This Property
| State | IL |
|---|---|
| County | Lake |
| City | Waukegan |
| Zip Code | 60085 |
| Area | Park City | Waukegan |
| Listing VS Median (In 60085) | |
Price: $1,800,000 low | high Med: $265,000 SqFt: 18,252 low | high Med: 2,144 $ / SqFt: $99 low | high Med: $124 On site: 52 low | high Med: 623.000000 | |