802 Belvidere Road
802 Belvidere Road
$405,000
7
5
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Description
The property is comprised of (3) 2 bedroom units and(1) bedroom and (2) Commercial spaces that consists of (2) 1,400 square foot spaces. All 4 rental units have been recently renovated. The roof is 2 years old. The property is located in the Enterprise Zone The property is located on the corner of Belvidere and Powell Ave with Annual Average Daily Traffic of 21,600 . Great Value Add Opportunity and perfect for an owner/operator. The property is zoned B3 General Commercial and has a wide array of...The property is comprised of (3) 2 bedroom units and(1) bedroom and (2) Commercial spaces that consists of (2) 1,400 square foot spaces. All 4 rental units have been recently renovated. The roof is 2 years old. The property is located in the Enterprise Zone The property is located on the corner of Belvidere and Powell Ave with Annual Average Daily Traffic of 21,600 . Great Value Add Opportunity and perfect for an owner/operator. The property is zoned B3 General Commercial and has a wide array of uses : Beauty Shop, Drug Store, Restaurant, Tobacco, Retail, Office. The property is less than 4 miles to I 94 and 2 miles to Rt 41. The city of Waukegan has a population of 89,184 Residence. With a median age of 32.5 both male and females. Median Household Income is 51,031. Current NOI is 24,394 with only the (4) rental units. Pro-forma NOI is 65,938 at a 15% Cap Rate with the 2800 square feet at $1.00 per square
- Listed by Elizabeth Lita • Vylla Home
Property Details for 802 Belvidere Road
Area
Park City / Waukegan
TownshipWaukegan
Num Of Parking Spaces10.0
Num of Interior Fireplaces0
ZoningMULTI
Location
LISTING UPDATED: 08/05/2022 12:07 AM
Property Details for 802 Belvidere Road
Status | Active |
---|---|
MLS # | 11330030 |
Days on Market | 1426 |
Taxes | $6,393 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi Family 5+ / Corridor-Exterior Entrance |
Year Built | 1950 |
Lot Size | 0.25 AC / 10,890 SF |
County | Lake County |
Location
Building Information for 802 Belvidere Road
Stories-Residences5Year Built1950Building Size-Lot Size0.25 AC / 10,890 SF
Payment Calculator
$2,743 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 802 Belvidere Road
Property History for 802 Belvidere 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 802 Belvidere Road
Taxable ValueLand$8,687Additions$58,077Total$66,764
Tax Record2023$5,970 ($498 / month)
Home Facts
Total Finished SqFt7,154 SqFtAbove Grade Finished SqFt7,154 SqFtLot Size7,508 SqFtStyleStoresYear Built1950CountyLAKEAPN08-28-113-022
Schools near 802 Belvidere Road
This home is within Waukegan Community Unit School District 60.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | PK to 5 |
Rating | School | Distance |
---|---|---|
North Elementary School PublicPK to 5 | ||
Robert E Abbott 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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