1001 Grand Avenue

Waukegan, IL 60085

$550,000
Price
30
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Great Investment Opportunity! 6 Units, 100% Occupancy, most units feature 1bed 1bath. Both buildings have coin laundry and parking for a total of 10 cars. Don't miss this opportunity!Great Investment Opportunity! 6 Units, 100% Occupancy, most units feature 1bed 1bath. Both buildings have coin laundry and parking for a total of 10 cars. Don't miss this opportunity!
  1. Listed by Bill Dewar • Coldwell Banker Realty

Property Details for 1001 Grand Avenue

Area
Park City / Waukegan

Location

Listing Courtesy of Coldwell Banker Realty
Add your commute
LISTING UPDATED: 04/23/2024 07:48 PM

Property Details for 1001 Grand Avenue

StatusContingent
MLS #12015913
Days on Market26
Taxes$12,696 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family 5+ / Multi Family 5+-Other
Year Built2000
Lot Size0.29 AC / 12,792 SF
CountyLake County

Location

Listing Courtesy of Coldwell Banker Realty
Add your commute

Building Information for 1001 Grand Avenue

Stories-Residences6Year Built2000Building Size-Lot Size0.29 AC / 12,792 SF

Payment Calculator

$4,060 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,002

Property Taxes

$1,058

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1001 Grand Avenue

General Information
Addtl Parking Information
  • Open Parking Spaces: 10.0
Location and General Information
  • Information: 48-Hr Notice Required
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Heat/Ventilation: Forced Air
  • Num of Baths: 0.0
Property/Lot Information
  • Tenant Pays: Electricity, Heat
  • Built Before 1978: No
  • Approximate Age: 16-25 Years
  • Multi-Family Type: Other
  • Lot Dimensions: 274X55X274X55
  • Lot Size Square Feet: 12792.0
  • Stories: 2
  • Lot Size Source: County Records
Property and Assessments
  • Public Document Count: 0
  • Photos Count: 11
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 6
Income & Expenses
  • Electric Expense: $577.00
  • Fuel Expense: $.00
  • Gross Income: $61,380.00
  • Gross Scheduled Income: $61,896.00
  • Insurance Expense: $4,670.00
  • Maintenance Expense: $890.00
  • Electric Expense Source: Owner Projection
  • Expense Year: 2023
  • Total Annual Expense Source: Actual
  • Insurance Expense Source: Owner Projection
  • Janitor Expense: 0
  • Net Operating Income Year: 2023
  • Other Expense Source: Owner Projection
  • Repairs-Decor Expense Source: Owner Projection
  • Trash Expense Source: Owner Projection
  • Total Monthly Income: 5158
  • Water Expense Source: Owner Projection
  • Net Operating Income: $29,161.00
  • Operating Expense: $10,359.00
  • Other Expense: $1,723.00
  • Trash Expense: $871.00
  • Water Sewer Expense: $1,121.00
Unit 1
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 1
  • Unit Type Units Total: 2
Unit 2
  • Unit Type Beds Total: 6
  • Unit Type Type: Unit 2
  • Unit Type Units Total: 4
Unit 3
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 3
  • Unit Type Units Total: 0
Unit 4
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 4
  • Unit Type Units Total: 0
Unit 5
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 5
  • Unit Type Units Total: 0
Unit 6
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 6
  • Unit Type Units Total: 0
Unit 7
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 7
  • Unit Type Units Total: 0

Property History for 1001 Grand Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 1001 Grand Avenue

Taxable ValueLand$13,848Additions$106,319Total$120,167
Home Facts
Baths4Total Finished SqFt1,768 SqFtAbove Grade Finished SqFt1,768 SqFtStories1Lot Size12,794 SqFtStyleMulti-Family Dwelling (2-4)Year Built2000CountyLAKEAPN08-21-117-010

Schools near 1001 Grand Avenue

This home is within Waukegan Community Unit School District 60.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
Hyde Park Elementary School
PublicK to 5

Miguel Juarez Middle School
Public6 to 8

Waukegan High School
Public9 to 12

Andrew Cooke Magnet Elementary School
PublicPK to 5

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.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coldwell Banker Realty

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.