1201 North Fairfield Road
1201 North Fairfield Road
$749,900
6
4
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Description
One of the oldest structures in Lake County built in 1852. Formally a cheese factory and then store front for Wauconda Orchards. Building was beautifully converted to a 4-unit building that generates great cash flow. Building is being sold with adjoining parcel totaling 2.9 acres at the corner of highly traveled Fairfield Road & Bonner Road on the edge of Wauconda. The village identifies this parcel as commercial in its long range plan. An easement exists for bringing water and sewer to the property...One of the oldest structures in Lake County built in 1852. Formally a cheese factory and then store front for Wauconda Orchards. Building was beautifully converted to a 4-unit building that generates great cash flow. Building is being sold with adjoining parcel totaling 2.9 acres at the corner of highly traveled Fairfield Road & Bonner Road on the edge of Wauconda. The village identifies this parcel as commercial in its long range plan. An easement exists for bringing water and sewer to the property under Millennium trail. Traffic counts conducted in 2009, before the traffic light was installed and intersection was widened, were 13,634 for Fairfield Road and 5,632 for Bonner Road, with anticipated annual growth of 3 percent. Building consists of 2 - 2 bed/1bath units and 2 - 1 bed/1 bath units. Current tenants are all on Month to Month Leases. First floor vacant unit could rent for between $1050 and $1100 a month further increasing the great cash flow and is currently being used by the owner.
- Listed by Doug Anderson • Blue Fence Real Estate Inc.
Property Details for 1201 North Fairfield Road
Area
Wauconda
TownshipFremont
OwnershipFee Simple
Num Of Cars0.0
Heat/FuelNatural Gas, Forced Air
Location
LISTING UPDATED: 11/29/2021 12:22 PM
Property Details for 1201 North Fairfield Road
Status | Active |
---|---|
MLS # | 10943950 |
Days on Market | 1934 |
Taxes | $11,762 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Two to Four Units / 4 Flat |
Year Built | 1947 |
Lot Size | 0.75 AC / 32,670 SF |
County | Lake County |
Location
Building Information for 1201 North Fairfield Road
Stories-Residences4Year Built1947Building Size-Lot Size0.75 AC / 32,670 SF
Payment Calculator
$5,073 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 1201 North Fairfield Road
Property History for 1201 North Fairfield Road
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1201 North Fairfield Road
Taxable ValueLand$36,835Additions-Total$36,835
Tax Record2022$3,474 ($289 / month)
Home Facts
Beds0Lot Size92,521 SqFtStyleResidentialCountyLAKEAPN10-19-200-015
Schools near 1201 North Fairfield Road
This home is within Mundelein High School District 120.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 2 | |||
Public - | 3 to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Fremont Elementary School PublicPK to 2 | ||
Fremont Intermediate School Public3 to 5 | ||
Fremont Jr High/Middle School Public6 to 8 | ||
Mundelein Cons 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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