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!
Unique opportunity. Unique property. This property includes two buildings. 2 story stand alone building currently a Flower Shop plus a separate two flat building. Flower shop features volume ceilings with second level overlooking the main level. Two flat is 1.5 stories with a two bedroom apartment on the first floor and a one bedroom apartment on the second floor. Both apartments have full kitchen appliance packages including dishwashers. Excellent income protentional.
Great for Contractors or Service Business. Mezzanine offers additional space. Outside storage available. 1238 Karl Ct. Approx 2690 sqft. with mezzanine. 1240 Karl Ct. Approx 3,286 sqft. 1238 Karl Ct is currently leased month to month. Approx. $1250 per month.
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.
Wauconda is located in Illinois. Wauconda, Illinois has a population of 14,068. Wauconda is more family-centric than the surrounding county with 45.75% of the households containing married families with children. The county average for households married with children is 36.27%.
The median household income in Wauconda, Illinois is $102,750. The median household income for the surrounding county is $97,127 compared to the national median of $69,021. The median age of people living in Wauconda is 36.7 years.
The average high temperature in July is 82.1 degrees, with an average low temperature in January of 13.2 degrees. The average rainfall is approximately 35.6 inches per year, with 40.3 inches of snow per year.