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912 W Greenwood Avenue W, Waukegan, IL 60087
$345,000
912 W Greenwood Avenue W, Waukegan, IL 60087View this property at 912 W Greenwood Avenue W, Waukegan, IL 60087
912 W Greenwood Avenue WWaukeganIL60087
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Property 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!
Full Property Details
Full Property Details for 912 W Greenwood Ave W
General
- Price: $345,000
- Taxes: $5,156 (2022)
- Status: Active
- Type: Commercial
- MLS ID: 11886148
- Updated: 4/28/2024
- Added to Site: 228 day(s) ago
Additional Information
- Security/Safety: Partially Sprinklered, Smoke or Fire Protectors, Carbon Monoxide Detector(s)
Parking
- Parking Features: 1 to 5 Spaces
Location
- Area: Park City / Waukegan
- County: Lake
- Township: Waukegan
- Driving Directions: Corner of Greenwood and Jackson
- Location Details: Mixed-Use Area
Heating & Cooling
- Cooling Type: None
- Heating Type: Forced Air, Hot Water
Utilities
- Trash: 1284
- Onsite: Electricity to Site, Gas to Site, Municipal Water, Water to Site, Cable Available
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Foundation: Block
- Roof: Composition, Rubber
- Drive-In Doors: 1
- Stories/Levels: 2
- Square Feet: 5,000
- Current Bldg. Use: Commercial
- Year Built: 1952
Lot Features
- Lot Size (Sq. Ft.): 3,125
- Lot Dimensions: 25 x 125
- Drainage: Floor Drains
- Zoning: COMMR
Financial Considerations
- Lease Price: $10
- For Sale/Rent/Lease: For Sale or Rent
- Insurance Fee: $1,223
- Security Deposit: Partially Sprinklered, Smoke or Fire Protectors, Carbon Monoxide Detector(s)
- Assessment Year: 1952
- Tax Amount: $5,156.36
- Tax Year: 2022
- Tenant Pays: Electricity, Heat
- Pays Electric: 1815
- Pays Trash: 1284
Disclosures and Reports
- Property ID: 8093240250000
Listed by Wendricks Real Estate
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Schools
Schools serving 912 W Greenwood Ave W
School District:Waukegan Community Unit School District 60
Rating | Name | Grades | Distance |
---|---|---|---|
1919 North Ave, Waukegan, IL 60087 | K-5 | 0.4 mi | |
930 New York St, Waukegan, IL 60085 | 6-8 | 1 mi | |
2325 Brookside Ave, Waukegan, IL 60085 | 9-12 | 1.8 mi | |
Waukegan High School Washington Campus
1011 Washington St, Waukegan, IL 60085 | 9-12 | 1.9 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
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School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 912 W Greenwood Ave W
Date
Details
Price
Change
Source
4/22/2024
Price Reduced
$345,000
-4.17%
MLS
9/15/2023
Listed
$360,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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Estimate the Cost for 912 W Greenwood Ave W
912 W Greenwood Avenue W, Waukegan, IL 60087 (MLS# 11886148) is a Commercial property. 912 W Greenwood Avenue W is currently listed for $345,000 and was received on September 15, 2023. Want to learn more about 912 W Greenwood Avenue W? Do you have questions about finding other Commercial real estate for sale in Waukegan? You can browse all Waukegan real estate or contact a Coldwell Banker agent to request more information.