1009-21 West Glen Flora Avenue

Waukegan, IL 60085

$1,750,000
Last Sold Price
40
Beds
20
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Great income producing property! 5 all brick buildings located in North Waukegan 2 miles west of Lake Michigan. This property offers 20 apartments, many have been remodeled and 100% occupied. Many tenants are long term. Each building has 4 apartments and 2 basements (can be converted for extra rental income for storage/coin washer/dryer, vending machines, etc. Each building has front and rear access as well as each apartment. Each unit has 4 rooms, 2 bed, 1 bath & 1 parking spot. 2 car detached garage...Great income producing property! 5 all brick buildings located in North Waukegan 2 miles west of Lake Michigan. This property offers 20 apartments, many have been remodeled and 100% occupied. Many tenants are long term. Each building has 4 apartments and 2 basements (can be converted for extra rental income for storage/coin washer/dryer, vending machines, etc. Each building has front and rear access as well as each apartment. Each unit has 4 rooms, 2 bed, 1 bath & 1 parking spot. 2 car detached garage provides extra storage for tools and equipment that can easily be converted to additional income space. Building improvements include 18 remodeled apartments, gutters/downspouts, building perimeter sealed, basement drain tiles, furnace motor, 2 water heaters and 1 new basement bathroom.
  1. Listed by Valerie Frossard • Coldwell Banker Realty

Sold By Coldwell Banker Realty

Property Details for 1009-21 West Glen Flora Avenue

Area
Park City / Waukegan
Township
Waukegan
Num Of Parking Spaces
20.0
Num of Interior Fireplaces
0
Zoning
MULTI

Location

Add your commute
LISTING UPDATED: 08/14/2022 03:01 AM

Property Details for 1009-21 West Glen Flora Avenue

StatusClosed
MLS #11424643
Days on Market70
Taxes$38,400 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family 5+ / Multi Family 5+-Other
Year Built1960
Lot Size0.67 AC / 29,212 SF
CountyLake County

Location

Add your commute

Building Information for 1009-21 West Glen Flora Avenue

Stories-Residences20Year Built1960Building Size-Lot Size0.67 AC / 29,212 SF

Payment Calculator

$12,750 per month

30 year fixed, 7.25% Interest

Principal and Interest

$9,550

Property Taxes

$3,200

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1009-21 West Glen Flora Avenue

General Information
Addtl Parking Information
  • Outdoor Parking: 19-30 Spaces
Location and General Information
  • Frontage Type: City Street
  • Information: 24-Hr Notice Required,List Broker Must Accompany,No Sign on Property
Taxes and HOA Information
  • Additional Parcels: Yes
Property Information
Interior Features
  • Air Conditioning: None
  • Electric: Service - 0 to 100 Amps
  • # Of Washers: 3
  • Basement Description: Unfinished, Concrete Block, Storage Space
  • Heat/Ventilation: Forced Air,Gas,Hot Water
  • # Of Window/Ac: 0
  • # Of Refrigerators: 20
  • Washer/Dryer Lsd: No
  • # Of Dryers: 3
  • # Of Disposals: 0
  • # Of Dishwashers: 0
  • Num of Baths: 20.0
Exterior Features
  • Misc Outside: Security Lighting,Security System
Property/Lot Information
  • Owners Association: No
  • Tenant Pays: Electricity
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Multi-Family Type: Other
  • Lot Dimensions: 218X133.96
  • Lot Size Square Feet: 29212.0
  • Stories: 2
  • Exterior Building Type: Brick, Brick/Stone Msn Pred
  • Construction: Brick, Stone
  • Roof Type: Other
  • Fire Protection: Smoke or Fire Protectors
  • Roof Structure: Flat,Pitched
  • Foundation Details: Block
  • Building Area Total: 22815
  • Lot Size Source: County Records
  • # Of Ranges: 20
  • Conversion: N
  • MRD_UNC: No
Property and Assessments
  • Possible Use: Multi-Family
  • Buyer Financing: Conventional, Cash
  • Public Document Count: 0
  • Photos Count: 30
  • Deconversion: N
Miscellaneous
  • Current Use: Multi-Family
  • Land Amenities: Children's Play Yard,Curbs and Gutters,Lighting/Exterior,Security Entrance,Sidewalks,Cable Ready
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
  • Virtual Tour Date: 06-04-2022
Multi Family
Multi-Family Information
  • Number Of Units Total: 20
Income & Expenses
  • Electric Expense: $2,206.00
  • Fuel Expense: $13,962.00
  • Gross Income: $228,000.00
  • Gross Scheduled Income: $228,000.00
  • Insurance Expense: $10,799.00
  • Maintenance Expense: $.00
  • Electric Expense Source: Actual
  • Known Encumbrances: First Mortgage
  • Expense Year: 2021
  • Total Annual Expense Source: Owner Projection
  • Fuel Expense Source: Actual
  • Insurance Expense Source: Actual
  • Janitor Expense: 0
  • Net Operating Income Year: 2021
  • Trash Expense Source: Actual
  • Total Monthly Income: 19000
  • Water Expense Source: Actual
  • Net Operating Income: $.00
  • Operating Expense: $.00
  • Other Expense: $.00
  • Trash Expense: $6,334.00
  • Water Sewer Expense: $11,186.00
Unit 1
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 1
  • Unit Type Units Total: 20
Unit 2
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 2
  • Unit Type Units Total: 0
Unit 3
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 3
  • Unit Type Units Total: 0
Unit 4
  • Unit Type Baths Total: 1
  • 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 1009-21 West Glen Flora Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 1009-21 West Glen Flora 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
Glen Flora Elementary School
PublicK to 5

Daniel Webster 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.

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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. Based on information submitted to the MLS GRID as of 08/14/2022 03:01 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.