Wauconda, IL 60084,201-203 S Main Street
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Wauconda, IL 60084,201-203 S Main Street
Wauconda, IL 60084,201-203 S Main Street
Wauconda, IL 60084,201-203 S Main Street
Wauconda, IL 60084,201-203 S Main Street
Listed by Kim Aldenof Compass
Bought with Peter Jablonski of Worth Clark Realty

$895,000

Est. payment /mo

$995,000

10.1%
Est.Price: ?

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201-203 S Main Street Wauconda, IL 60084

8,645 SqFt

SOLD DATE : 06/23/2025

Key Details

Sold Price $895,000

Property Type Commercial

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

Square Footage 8,645 sqft

Price per Sqft $103

MLS Listing ID 12260571

Year Built 1861

Annual Tax Amount $25,173

Tax Year 2023

Property Sub-Type Mixed Use

Property Description

Incredible investment opportunity in the heart of downtown Wauconda-ideal for a 1031 exchange! This 6/7 leased mixed-use property on Main Street is now available, offering immediate income potential. The building features three retail storefronts, all occupied by long-term tenants, and four apartments on the second floor. The residential units include two updated two-bedroom apartments-one fully remodeled with in-unit laundry-and two one-bedroom apartments, one fully updated and the other in excellent condition. Many tenants are repeat renters, providing stable and proven income. Additionally, the property is part of Wauconda's Facade Improvement Grant program, allowing for further exterior upgrades. Financials are available upon request. Don't miss this rare opportunity to own a prime, income-producing property in a thriving downtown location!

Location

State IL

County Lake

Zoning COMMR

Interior

Cooling Central Air

Flooring Carpet, Wood, Other

Exterior

Utilities Available Electricity Available, Natural Gas Available, Sewer Connected, Water Available

View Y/N true

Roof Type Composition

Building

Foundation Concrete Perimeter

Structure Type Brick

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Midwest Real Estate Data (MRED) VOW
Lisa Hillman

Lisa Hillman

Agent | License ID: mrd264416

+1(630) 276-8455

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