1201 North Fairfield Road

Wauconda, IL 60084

$749,900
Price
6
Beds
4
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

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.
  1. Listed by Doug Anderson • Blue Fence Real Estate Inc.

Property Details for 1201 North Fairfield Road

Area
Wauconda
Township
Fremont
Ownership
Fee Simple
Num Of Cars
0.0
Heat/Fuel
Natural Gas, Forced Air

Location

Listing Courtesy of Blue Fence Real Estate Inc.
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LISTING UPDATED: 11/29/2021 12:22 PM

Property Details for 1201 North Fairfield Road

StatusActive
MLS #10943950
Days on Market1934
Taxes$11,762 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeTwo to Four Units / 4 Flat
Year Built1947
Lot Size0.75 AC / 32,670 SF
CountyLake County

Location

Listing Courtesy of Blue Fence Real Estate Inc.
Add your commute

Building Information for 1201 North Fairfield Road

Stories-Residences4Year Built1947Building Size-Lot Size0.75 AC / 32,670 SF

Payment Calculator

$5,073 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,093

Property Taxes

$980

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1201 North Fairfield Road

General Information
School Information
  • Elementary School District: 79
  • Elementary School: Fremont Elementary School
  • Jr High Middle School: Fremont Middle School
  • High School District: 120
  • High School: Mundelein Cons High School
  • Middle Or Junior School District: 79
Addtl Parking Information
  • Parking: None
Taxes and HOA Information
  • Additional Parcels: Yes
Property Information
Interior Features
  • Num Of Rooms: 18
  • Bedrooms (Below Grade): 0
  • Basement Type: None
  • Bedrooms Possible: 6
  • Basement Description: None
  • Basement Bathrooms: No
  • # Full Baths in Building: 4
  • # Half Baths in Building: 0
  • Num of Baths: 4.0
Utilities / Equipment
  • Sewer: Septic-Private
  • Water: Private Well
Property/Lot Information
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: Yes
  • Rehab Year: 2015
  • Built Before 1978: Yes
  • Age: 71-80 Years
  • Lot Size: 2.0-2.99 Acres
  • Lot Dimensions: 317 X 362 X 135 X 200 X 100 X 320 X 30 X 265
  • Total # Units in Building: 4.0
  • Waterfront: No
  • Exterior Building Type: Cedar, Stone
  • General Information: None
  • 3 Br Un In Bldg: No
Property and Assessments
  • Public Document Count: 0
  • Photos Count: 20
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Unit 1
  • Unit Type Actual Rent: $1,150.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 1
  • Floor # - Unit 1: 2
  • # Of Rooms - Unit 1: 5
  • # Half Baths-Unit 1: 0
  • # Full Baths-Unit 1: 1
  • Appliances/Features Unit 1: Stove, Refrigerator, Dishwasher, Central Air Conditioner
  • Sec Deposit $ - Unit 1: 1150
  • Tenant Pays - Unit 1: Electric, Gas
Unit 2
  • Unit Type Actual Rent: $950.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 2
  • Floor # - Unit 2: 2
  • # Of Rooms - Unit 2: 4
  • # Half Baths-Unit 2: 0
  • # Full Baths-Unit 2: 1
  • Appliances/Features Unit 2: Stove, Refrigerator, Central Air Conditioner
  • Sec Deposit $ - Unit 2: 950
  • Tenant Pays - Unit 2: Electric, Gas
Unit 3
  • Unit Type Actual Rent: $850.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 3
  • Floor # - Unit 3: 1
  • # Of Rooms - Unit 3: 4
  • # Half Baths-Unit 3: 0
  • # Full Baths-Unit 3: 1
  • Appliances/Features Unit 3: Stove, Refrigerator, Window Air Conditioner
  • Sec Deposit $ - Unit 3: 850
  • Tenant Pays - Unit 3: Electric, Gas
Unit 4
  • Unit Type Actual Rent: $.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 4
  • Floor # - Unit 4: 1
  • # Of Rooms - Unit 4: 5
  • # Half Baths-Unit 4: 0
  • # Full Baths-Unit 4: 1
  • Appliances/Features Unit 4: Stove, Refrigerator, Window Air Conditioner
  • Sec Deposit $ - Unit 4: 0
  • Tenant Pays - Unit 4: Electric, Gas

Property History for 1201 North Fairfield Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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.

Similar Homes

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1201 North Fairfield Road is a multi-family home for sale in Wauconda, IL 60084. This property was listed for sale on December 1, 2020 by Blue Fence Real Estate Inc., it's currently listed at $749,900. It has been on the market for a total of 1934 days and was last sold on August 16, 2023. This listing's school districts are Mundelein High School District 120, Fremont School District 79. Nearby schools include Fremont Elementary School, Fremont Intermediate School and Fremont Jr High/Middle School. 1201 North Fairfield Road is a 6-bed, 4-bath, multi-family home built in 1947.

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 Blue Fence Real Estate Inc.

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.