Wauconda, IL 60084,201-203 S Main ST
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Wauconda, IL 60084,201-203 S Main ST
Wauconda, IL 60084,201-203 S Main ST
Wauconda, IL 60084,201-203 S Main ST
Wauconda, IL 60084,201-203 S Main ST

$895,000

Est. payment /mo

$995,000

10.1%
Est.Price: ?

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201-203 S Main ST 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

Sold Date 06/23/25

Year Built 1861

Annual Tax Amount $25,173

Tax Year 2023

Lot Dimensions COMMON

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

Area Wauconda

Zoning COMMR

Interior

Cooling Central Air

Flooring Carpet, Wood, Other

Fireplace N

Exterior

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

Roof Type Composition

Building

Structure Type Brick

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Midwest Real Estate Data (MRED) IDX
Listed by Kim Alden • Compass
Bought with Peter Jablonski • Worth Clark Realty
Yuriy Figel

Yuriy Figel

Real Estate Broker

+1(224) 505-8080

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