Waukegan, IL 60085,2116 & 2101 Williamsburg Drive
Waukegan, IL 60085,2116 & 2101 Williamsburg Drive
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$2,000,000
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7,212 SqFt
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2116 & 2101 Williamsburg Drive Waukegan, IL 60085

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UPDATED:

02/25/2025 04:02 PM

Key Details

Property Type Commercial

Sub Type Multi Family 5+

Listing Status Active

Purchase Type For Sale

Square Footage 7,212 sqft

Price per Sqft $277

MLS Listing ID 12293660

Year Built 1950

Annual Tax Amount $17,856

Tax Year 2022

Lot Size 0.360 Acres

Lot Dimensions 60X134

Property Sub-Type Multi Family 5+

Property Description

This exceptional 12-unit investment opportunity consists of two 6-unit buildings located directly across the street from each other, allowing for easy management and tenant access. Each building has been renovated, featuring updated flooring, fresh paint, modern cabinets, and newer appliances, making these units highly desirable for tenants. Both buildings offer washer and dryer facilities in the lower level/basement, providing on-site convenience. The boilers were fully serviced and cleaned in 2022, ensuring efficient heating and long-term durability. Additionally, outdoor parking is available for tenants, 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 be interested. 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

Interior

Cooling Window Unit(s)

Fireplace Y

Exterior

Utilities Available Sanitary Sewer, Water-Municipal

View Y/N true

Roof Type Tar/Gravel,Other

Building

Foundation Concrete Perimeter

Structure Type Brick,Frame

Others

HOA Fee Include Water,Exterior Maintenance,Lawn Care,Scavenger,Snow Removal


Listed by Toynoia Briggity • eXp Realty, LLC - Chicago North Ave

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agent

Sharie Jackson

Realtor | License ID: 475.180534

+1(708) 231-8901

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2116 & 2101 Williamsburg Drive