List Price: $430,000
| Beds |
Baths |
Built |
Sq.Ft. |
Garage |
Taxes |
On Market |
| — |
— |
1950 |
— |
0 |
$6,393 |
806 days |
The property is comprised of (3) 2 bedroom units and(1) bedroom and (2) Commercial spaces that consists of (2) 1,400 square foot spaces. All 4 rental units have been recently renovated. The roof is 2 years old. The property is located in the Enterprise Zone The property is located on the corner of Belvidere and Powell Ave with Annual Average Daily Traffic of 21,600 . Great Value Add Opportunity and perfect for an owner/operator. The property is zoned B3 General Commercial and has a wide array of uses : Beauty Shop, Drug Store, Restaurant, Tobacco, Retail, Office. The property is less than 4 miles to I 94 and 2 miles to Rt 41. The city of Waukegan has a population of 89,184 Residence. With a median age of 32.5 both male and females. Median Household Income is 51,031. Current NOI is 24,394 with only the (4) rental units. Pro-forma NOI is 65,938 at a 15% Cap Rate with the 2800 square feet at $1.00 per square
Listing courtesy of Vylla Home
802 Belvidere Rd. is a multi-unit home built in 1950, and is located in Waukegan, IL. It has 0 bedrooms and — bathrooms, and has annual property taxes of $6,393.
Marco Amidei
(888) 32-Marco (847) 630-4886
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