208 N Waukegan Rd - Apartments FOR SALE


Lake Bluff, IL 60044
$850,000 USD
630-670-4860
208 N Waukegan Rd, Lake Bluff, IL for Sale
$850,000 USD
Apartments - FOR SALE
1/12
null | 5.46% Cap Rate

208 N Waukegan Rd
Lake Bluff, IL 60044


HIGHLIGHTS

  • Below Market Rents
  • (1) Studio, (4) 1 bed 1 bath, (1) 2 bed 2.5 bath, (2) Office
  • 19 Parking Spots
  • High-Demand, Low-Supply Rental Market

OVERVIEW

Kiser Group is pleased to exclusively present 208 N Waukegan Rd, a mixed-use property located in Lake Bluff, IL. The building features six (6) residential units above two (2) ground-floor commercial spaces, offering a diversified and stable income stream. Several of the residential units have been updated with modern finishes, and the commercial spaces are fully leased to long-term tenants. This asset offers a strong opportunity for investors looking to acquire a stabilized, income-producing mixed-use property in a high-demand, low-supply North Shore submarket.

FOR SALE DETAILS

PRICE

$850,000 USD

PRICE/SF

$169 USD /SF

# OF UNITS

8

PRICE/UNIT

$106,250

CAP RATE

5.46%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1992

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.29 AC

LAND SF

12,500 SF

ZONING

-

APN/PARCEL ID

12-18-329-005

ASK ABOUT THIS PROPERTY

Radina DimovaKiser GroupMore Info
630-670-4860

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Radina DimovaKiser GroupMore Info
630-670-4860

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.