Sold
Last Sold Price
28 Hainesville Rd, Hainesville, IL 60030
Mixed UseProperty Type
0.38 acresLot Size
1950Year Built
15 carsParking Spaces

Description

Mixed use income property with 4 residential units and commercial auto repair. Corner location with frontage on Hainesville and West North Street. Fully leased. Tenants pay utilities. Includes two 2 story duplex units, auto repair garage and frame garage. Long time family owned income property. Please do not disturb tenants. Owner representative on site can arrange showings. Prefer 24 hour notice.Mixed use income property with 4 residential units and commercial auto repair. Corner location with frontage on Hainesville and West North Street. Fully leased. Tenants pay utilities. Includes two 2 story duplex units, auto repair garage and frame garage. Long time family owned income property. Please do not disturb tenants. Owner representative on site can arrange showings. Prefer 24 hour notice.

    Sold By Four Daughters Real Estate

    • Listed by: Robert 847.356.5263 robertefrankrealestate@gmail.com; Landman5263@aol.com • Robert E. Frank Real Estate
    Listing closed: 09/26/2016 12:00 AM • Source: MRED as distributed by MLS GRID, MLS#: 08888772

    Recent comparable sales

    Median sold price

    $215,500

    Avg days on market

    22

    Sale-to-list ratio

    96.1%

    Hainesville, IL

    9 comparable properties found

    1

    $270,000

    Sold 08/21/25

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    2,734
    Square Feet
    Unavailable
    Acres
    2

    $215,500

    Sold 01/27/26

    2
    Bedrooms
    1,280
    Square Feet
    Unavailable
    Acres
    3

    $185,000

    Sold 01/29/25

    2
    Bedrooms
    1,088
    Square Feet
    Unavailable
    Acres
    4

    $170,000

    Sold 10/16/24

    2
    Bedrooms
    1,088
    Square Feet
    Unavailable
    Acres
    5

    $215,000

    Sold 02/15/25

    2
    Bedrooms
    1,472
    Square Feet
    Unavailable
    Acres
    6

    $215,000

    Sold 06/16/25

    2
    Bedrooms
    1,472
    Square Feet
    Unavailable
    Acres
    7

    $240,000

    Sold 09/10/25

    2
    Bedrooms
    1,472
    Square Feet
    Unavailable
    Acres
    8

    $249,000

    Sold 03/25/26

    2
    Bedrooms
    1,472
    Square Feet
    Unavailable
    Acres
    $220,000 | 602 Holiday Lane, Hainesville, IL 60073
    1/23
    9

    $220,000

    Sold 07/10/26

    2
    Bedrooms
    1,728
    Square Feet
    0.03
    Acres

    Location

    Add your commute

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    $2,020 per month

    30 year fixed, 6.71% Interest

    Principal and Interest

    $1,034

    Property Taxes

    $987

    HOA Dues

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    Property Information for 28 Hainesville Road

    Property Details
    • Taxes: $11,843 / year
    • MLS Type: Commercial Sale
    • County: Lake County
    • Area: Gages Lake / Grayslake / Hainesville / Third Lake / Wildwood
    • Township: AVON
    • Air Conditioning Type: Window Unit(s)
    • Zoning: COMMR
    Building Information
    • Stories: 2
    • Residences: 5
    • Year Built: 1950
    • Lot Size: 0.38 AC / 16,591 SF
    General Information
    Addtl Parking Information
    • Indoor Parking: 1-5 Spaces
    • Outdoor Parking: 13-18 Spaces
    Location and General Information
    • Frontage Type: County Road
    • Geographic Locale: Northwest Suburban
    • Information: 24-Hr Notice Required,Show-Call Listing Office
    Taxes and HOA Information
    • Estimated Tax/Sf: 0
    • Additional Parcels: No
    Property Information
    Interior Features
    • Air Conditioning: Window Unit(s)
    • Electric: Service - 101 to 200 Amps
    • Flooring: Carpet, Concrete, Varies, Vinyl
    • Heat/Ventilation: Ceiling Units,Forced Air,Gas,Hot Water
    • # Of Refrigerators: 4
    • Misc Inside: Overhead Door/s,Private Restroom/s,Storage Inside
    • Num of Baths: 0.0
    Exterior Features
    • # Of Apts: 4
    • Misc Outside: Storms and Screens (as exist),Sun Deck
    Utilities / Equipment
    • Utilities: Electric to Site, Gas to Site, Sanitary Sewer, Well Private
    Property/Lot Information
    • Owners Association: No
    • Tenant Pays: Electricity, Heat, Scavenger, Sewer, Varies by Tenant
    • Built Before 1978: Yes
    • Approximate Age: Older
    • Lot Dimensions: 133 X 125
    • Lot Size Square Feet: 16591.0
    • Stories: 2
    • Exterior Building Type: Steel Siding, Wood Frame, Frame
    • Construction: Steel Siding, Wood Frame
    • Roof Type: Composition, Metal, Varies
    • Fire Protection: Smoke or Fire Protectors
    • Roof Structure: Metal Decking,Pitched
    • Foundation Details: Concrete Perimeter
    • Building Area Total: 5100
    • # Of Offices: 1
    • # Of Ranges: 4
    • # Of Stores: 1
    • MRD_UNC: No
    Property and Assessments
    • Possible Use: Commercial, Retail
    • Buyer Financing: Conventional
    • Documents Available: Aerial Map,Demographics,Tax Bill,Traffic Counts,Backup Package
    • Docks: Drive-in Doors
    • Green Supporting Documents: N
    • Photos Count: 7
    • Estimated Cam/Sf: 0
    Miscellaneous
    • Current Use: Commercial
    • Location: Central Business District
    Virtual Tour/Additional Media
    • Virtual Tour: None
    • Virtual Tour YN: No
    Multi Family
    Multi-Family Information
    • Number Of Units Total: 5
    Income & Expenses
    • Electric Expense: $.00
    • Fuel Expense: $.00
    • Gross Income: $57,600.00
    • Gross Scheduled Income: $57,600.00
    • Insurance Expense: $3,000.00
    • Electric Expense Source: Actual
    • Expense Year: 2014
    • Total Annual Expense Source: Broker Projection
    • Fuel Expense Source: Actual
    • Insurance Expense Source: Broker Projection
    • Net Operating Income Year: 2014
    • Other Expense Source: Actual
    • Trash Expense Source: Actual
    • Total Monthly Income: 4800
    • Water Expense Source: Broker Projection
    • Net Operating Income: $42,600.00
    • Operating Expense: $15,000.00
    • Other Expense: $.00
    • Trash Expense: $.00
    • Water Sewer Expense: $.00

    Property History for 28 Hainesville Road

    DateEvent & SourcePriceAppreciation
    Sep 26, 2016

    Sold

    MRED #08888772

    $200,000
    Jul 8, 2016

    Sold (Public Record)

    Public Record #583684777

    $200,000
    May 23, 2016

    Pending

    MRED #08888772

    DateEvent & SourcePrice
    09/26/2016

    Sold

    MRED #08888772

    $200,000
    07/08/2016

    Sold (Public Record)

    Public Record #583684777

    $200,000
    05/23/2016

    Pending

    MRED #08888772

    For completeness, we often displays two records for one sale: the MLS record and the public record.

    Public Records for 28 Hainesville Road

    Taxable ValueLand$46,795Additions$74,036Total$120,831
    Home Facts
    Total Finished SqFt1,800 SqFtAbove Grade Finished SqFt1,800 SqFtLot Size16,592 SqFtStyleMulti-Family Res (5+ Units)Year Built1982CountyLAKEAPN06-28-401-003

    Schools near 28 Hainesville Road

    This home is within Grayslake Chsd 127 School District.
    Rating
    School
    Type
    Grades
    Distance
    Public - K to 4
    Public - 5 to 6
    Public - 7 to 8
    Public - 9 to 12
    Rating
    School
    Distance
    Prairieview School
    PublicK to 4

    Frederick School
    Public5 to 6

    Grayslake Middle School
    Public7 to 8

    Grayslake Central High School
    Public9 to 12

    School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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    No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

    Listing Courtesy of Robert E. Frank Real Estate

    Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 05/05/2021 04:45 AM. 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.