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316 S Main Street S, Wauconda, IL 60084
$379,000
316 S Main Street S, Wauconda, IL 60084View this property at 316 S Main Street S, Wauconda, IL 60084
316 S Main Street SWaucondaIL60084
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Property Description
Mixed-use, income-producing three-unit property, plus one apartment. Currently fully rented with stable tenants. The property is in great condition, occupied by a hair salon, nail salon, and Farmer's Insurance agency, along with one rental apartment. Located in the heart of downtown Wauconda's business district, a thriving community boasting a unique mix of retailers and industry. Close to popular restaurants and bars, as well as Bang's Lake for summer fun, the Park District, and the library. Conveniently situated across the street from the police station, with ample parking and easy access for all customers. This well-maintained and fully updated commercial property is a rare find.
Full Property Details
Full Property Details for 316 S Main Street S
General
- Price: $379,000
- Taxes: $10,521 (2023)
- Status: Active
- Type: Commercial
- MLS ID: 12055416
- Updated: 5/20/2024
- Added to Site: 17 day(s) ago
Interior
- Interior Features: Accessible Washroom/s, Inside Corridor(s), Public Restroom(s), Basement
- Flooring: Carpet, Vinyl
Additional Information
- Security/Safety: Alarm on Site, Smoke or Fire Protectors, Sprinklers (Wet), Carbon Monoxide Detector(s)
Parking
- Parking Features: 19 to 30 Spaces
Location
- Area: Wauconda
- County: Lake
- Township: Wauconda
- Driving Directions: RT 176 & MAIN ST SOUTH TO NUMBER ON THE EAST SIDE
- Location Details: Northwest Suburban, Central Business District, Public Transport Avail
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Central Heat/Individual Controls, Forced Air
Utilities
- Trash: 288
- Onsite: Electricity to Site, Gas to Site, Sanitary Sewer, Municipal Water, Water to Site
Structural Information
- Construction: Wood Frame
- Exterior Const.: Vinyl Siding
- Foundation: Brick/Mortar, Stone
- Roof: Composition
- Sub-Flooring: Carpet, Vinyl
- Stories/Levels: 2
- Square Feet: 2,982
- # of Stores: 2
- Year Built: 1963
- Built Before 1978: Yes
Unit Information
- # Tenants: 4
- Units w/Refrigerators: 1
- Units w/Range/Oven: 1
Lot Features
- Lot Size (Sq. Ft.): 10,019
- Lot Dimensions: 67 x 157 x 86 x 133
- Frontage: County Road
- Drainage: Storm Sewers
- Potential Use: Commercial, Office and Research
- Zoning: OFFIC
Financial Considerations
- Insurance Fee: $2,838
- Operating Expenses: $17,087
- Other Fee: $1,400
- Security Deposit: Alarm On Site, Smoke or Fire Protectors, Sprinklers-Wet, Carbon Monoxide Detector(s)
- Assessment Year: 1963
- Tax Amount: $10,521.4
- Tax Year: 2023
- Tenant Pays: Air Conditioning, Heat
- Pays Electric: 780
- Pays Trash: 288
Disclosures and Reports
- Property ID: 9253070480000
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Schools
Schools serving 316 S Main Street S
School District:Wauconda Community Unit School District 118
Rating | Name | Grades | Distance |
---|---|---|---|
225 Osage St, Wauconda, IL 60084 | PK-5 | 0.4 mi | |
217 Slocum Lake Rd, Wauconda, IL 60084 | 6-8 | 0.4 mi | |
555 N Main St, Wauconda, IL 60084 | 9-12 | 0.7 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 316 S Main Street S
Date
Details
Price
Change
Source
5/14/2024
Listed
$379,000
26.33%
MLS
12/01/2022
Sold
$300,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 316 S Main Street S
Year
Property Taxes
Change
Tax Assessment
Change
2023
$10,835
4%
$103,477
4%
2022
$10,386
3%
$99,298
6%
2021
$10,091
4%
$93,828
5%
2020
$9,735
8%
$89,429
6%
2019
$8,995
-9%
$84,519
-1%
2018
$9,845
—
$85,555
1%
2017
$9,838
6%
$84,566
6%
2016
$9,281
6%
$80,082
9%
2015
$8,791
-4%
$73,517
-26%
2014
$9,161
-8%
$99,004
32%
2013
$9,998
3%
$74,992
-23%
2012
$9,724
—
$96,965
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 316 S Main Street S
316 S Main Street S, Wauconda, IL 60084 (MLS# 12055416) is a Commercial property. 316 S Main Street S is currently listed for $379,000 and was received on May 14, 2024. Want to learn more about 316 S Main Street S? Do you have questions about finding other Commercial real estate for sale in Wauconda? You can browse all Wauconda real estate or contact a Coldwell Banker agent to request more information.