See all 2 photos
$2,000,000
Est. payment /mo
7,212 SqFt
New
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
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Toynoia Briggity • eXp Realty, LLC - Chicago North Ave