1. Illinois
  2. Waukegan
  3. 2116 & 2101 Williamsburg Drive
$1,500,000

2116 & 2101 Williamsburg Drive, Waukegan, IL 60085

  • 18,252 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1950
  • Property Lot Size Icon0.41acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $82/sqft
  • Property List Date Icon Listed 4 months ago

Property 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!

Listing Status:
Active
Listing Office:
eXp Realty - Chicago North Ave : 470-304-5817
Listing Agent:
Toynoia Briggity : 470-304-5817
MLS ID:
12293660
  • Basement: Block
  • A/C: Window Unit(s)
  • Fireplace: Fireplaces: 0

This listing courtesy of Toynoia Briggity, eXp Realty - Chicago North Ave

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

W

Washington Elementary School

110 S Orchard Ave, Waukegan, IL, 60085

Grades KG-5

0.33 miles away

M

Miguel Juarez Middle School

201 N Butrick St, Waukegan, IL, 60085

Grades 6-8

0.62 miles away

W

Waukegan High School

2325 Brookside Ave, Waukegan, IL, 60085

Grades 9-12

0.24 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.