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502-506 10th St
Waukegan, IL 60085
Multifamily Property For Sale
·
4 Units
PROPERTY FACTS
| No. Units | 4 | Building Size | 7,200 SF |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1955 |
| Building Class | C | Parking Ratio | 1.25/1,000 SF |
| Lot Size | 0.20 AC | ||
| Zoning | B-2, Waukegan | ||
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.20 AC |
| Building Size | 7,200 SF |
| No. Stories | 2 |
| Year Built | 1955 |
| Parking Ratio | 1.25/1,000 SF |
| Zoning | B-2, Waukegan |
ABOUT 502-506 10TH ST , WAUKEGAN, IL 60085
Fully rehabbed mixed use building with 4 fully remodeled apartments and two or three retail spaces. Retail space (1600SF) has been remodeled. Currently retail space is vacant - total of 3100SF. 1600SF in one building and 1500Sf in a 2nd. The 1500SF space is gutted and ready for your ideas and needs. All 4 of the leased apartments have been remodeled and are in top-notch condition. Each apartment has two car surface parking. Current tenants solid. (2) Four bedroom units (1) three bedroom and (1) 2 bedroom. All with washer and dryers, all have stove and refrigerators. All units individually metered for water, gas and electricity. Tenant pay utilities. Even with retail vacant these buildings have a 9.5+% Cap Rate. Two car oversized garage also included in sale.
PROPERTY TAXES
| Parcel Number | 08-28-326-020 | Improvements Assessment | $89,100 |
| Land Assessment | $7,187 | Total Assessment | $96,287 |
PROPERTY TAXES
