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912 W Greenwood Avenue W,  Waukegan IL, 60087

(Active)
$345,000
|
5,000 sqft
|
MLS# 11886148
Last Updated: 5/6/2024 9:56 AM
Description for 912 W Greenwood Avenue W Waukegan, IL 60087
NOW AVAILABLE FOR LEASE OR SALE! Perfect for a contractor, landscaper, office, gym, restaurant, storage or small business. The shop and office is available for just $2,000 to $2,300 per month depending on utility usage! The 3 Apartment's above are leased like clockwork. The building has a total of 4 UNITS with the 3 apartments upstairs and the shop/office below. - 1st time on the market since 1961! This mixed use building has been the home of Wendricks White Plumbing for over 60 years. The main floor consists of 2,400 sq ft of office and shop space. In the rear is a covered parking spot with 212 sq ft of cold storage. The 3 apartments on the second floor total 2,375 sq ft making this 5,000 sq ft building a great investment for an owner user or someone looking to add to their portfolio. The shop & office on main level is now vacant and ready for a new business or an owner user. Previously the Gross Monthly Income was $4,355 / $52,260 Yearly. All the rents are below market so plenty of room to grow the income! Oncer the lower commercial space is leased for $2,000 to $2,300 per month it would bring the gross rent for the year over $60,000. Buyers need to have cash or at least 30% down prior to viewing. please provide proof of funds before calling or scheduling a showing, we get a lot of calls but no one has the backing so please be ready. If financing be sure your lender is qualified and knows the commercial market and that this is a mixed use property, please no time wasters. We do not own the parking lot next door with the old car wash. Thank you!
Price
$345,000
Lake
5,000 (approx)
11886148
Active
Description
NOW AVAILABLE FOR LEASE OR SALE! Perfect for a contractor, landscaper, office, gym, restaurant, storage or small business. The shop and office is available for just $2,000 to $2,300 per month depending on utility usage! The 3 Apartment's above are leased like clockwork. The building has a total of 4 UNITS with the 3 apartments upstairs and the shop/office below. - 1st time on the market since 1961! This mixed use building has been the home of Wendricks White Plumbing for over 60 years. The main floor consists of 2,400 sq ft of office and shop space. In the rear is a covered parking spot with 212 sq ft of cold storage. The 3 apartments on the second floor total 2,375 sq ft making this 5,000 sq ft building a great investment for an owner user or someone looking to add to their portfolio. The shop & office on main level is now vacant and ready for a new business or an owner user. Previously the Gross Monthly Income was $4,355 / $52,260 Yearly. All the rents are below market so plenty of room to grow the income! Oncer the lower commercial space is leased for $2,000 to $2,300 per month it would bring the gross rent for the year over $60,000. Buyers need to have cash or at least 30% down prior to viewing. please provide proof of funds before calling or scheduling a showing, we get a lot of calls but no one has the backing so please be ready. If financing be sure your lender is qualified and knows the commercial market and that this is a mixed use property, please no time wasters. We do not own the parking lot next door with the old car wash. Thank you!
Listing Information
Property Type: Retail, Business Opportunities, 2 Story
0.07 Acres 5,000 (approx) 1952
2 Brick
Waukegan//
Block
Public
Cable Available
4 Total
Commercial
Neighborhood
Room Information
Interior Features
None
Exterior / Lot Features
Brick
Composition, Rubber
25X125
COMMR
Driving Directions
Corner of Greenwood and Jackson
Financial Considerations
08093240250000
$5,156
Listing Price History

Waukegan Real Estate

Waukegan is located in Illinois. Waukegan, Illinois 60087 has a population of 89,171.

The median household income in Waukegan, Illinois 60087 is $62,494. The median household income for the surrounding county is $91,525 compared to the national median of $66,222. The median age of people living in Waukegan 60087 is 39 years.

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Courtesy: Wendricks Real Estate
Listings courtesy of MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 5/6/2024. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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This content last refreshed on 5/6/2024 9:56 AM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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