2101 Williamsburg Drive
2101 Williamsburg Drive
$1,040,000
22
12
—
—
—
Closed 1/19/24
Description
Excellent opportunity to own 2 Cash Cows on the Northwest side of Waukegan. Two 6-unit buildings conveniently located across the street from each other for easy management. 100% occupied and excellent operational history. 5 out of the 12 units have been completely renovated with new flooring, fresh window coverings, newly painted trim, walls and cabinets complete with new refrigerators and ovens along with 5 new dishwashers. There has been many updates including new water heater in 2116, 3 new refrigerators...Excellent opportunity to own 2 Cash Cows on the Northwest side of Waukegan. Two 6-unit buildings conveniently located across the street from each other for easy management. 100% occupied and excellent operational history. 5 out of the 12 units have been completely renovated with new flooring, fresh window coverings, newly painted trim, walls and cabinets complete with new refrigerators and ovens along with 5 new dishwashers. There has been many updates including new water heater in 2116, 3 new refrigerators in 2116. New coin operated washing machine in 2116. Both boilers were fully serviced and cleaned out in 2022. These buildings are no brainers for the savvy investor. Properties are being offered at an 9.55 Cap with more room to raise rents as is or bring in working capital to upgrade the remaining units to collect top dollar! These 12 units are a perfect addition to a growing investors portfolio you won't want to miss out!
- Listed by Carlos Lopez • RE/MAX At Home
- Listed by Basel Tarabein • RE/MAX At Home
Sold By Chayanta Spaniol
Property Details for 2101 Williamsburg Drive
Area
Park City / Waukegan
TownshipWaukegan
Num of Interior Fireplaces0
ZoningMULTI
Location
LISTING UPDATED: 01/22/2024 01:06 PM
Property Details for 2101 Williamsburg Drive
Status | Closed |
---|---|
MLS # | 11777044 |
Days on Market | 258 |
Taxes | $17,856 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi Family 5+ / Multi Family 5+-Other |
Year Built | 1950 |
Lot Size | 0.38 AC / 16,549 SF |
County | Lake County |
Location
Building Information for 2101 Williamsburg Drive
Stories-Residences12Year Built1950Building Size-Lot Size0.38 AC / 16,549 SF
Payment Calculator
$7,164 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 2101 Williamsburg Drive
Property History for 2101 Williamsburg Drive
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 2101 Williamsburg Drive
Taxable ValueLand$9,007Additions$79,089Total$88,096
Tax Record2022$10,814 ($901 / month)
Home Facts
Baths6Total Finished SqFt3,520 SqFtAbove Grade Finished SqFt3,520 SqFtStories2Lot Size8,930 SqFtStyleMulti-Family Dwelling (2-4)Year Built1958CountyLAKEAPN08-17-102-012
Schools near 2101 Williamsburg Drive
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 |
---|---|---|
Clearview 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.
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