316 S Main St - Storefront Retail/Residential FOR SALE


Wauconda, IL 60084
$359,000 USD
773-858-7257
316 S Main St, Wauconda, IL for Sale
$359,000 USD
Storefront Retail/Residential - FOR SALE
1/7
null | 9.22% Cap Rate

316 S Main St
Wauconda, IL 60084


OVERVIEW

Mixed-use, income-producing three-unit property, plus one apartment. Currently fully rented with stable tenants. The property is in great condition, occupied by a hair salon, nail salon, and Farmer's Insurance agency, along with one rental apartment. Located in the heart of downtown Wauconda's business district, a thriving community boasting a unique mix of retailers and industry. Close to popular restaurants and bars, as well as Bang's Lake for summer fun, the Park District, and the library. Conveniently situated across the street from the police station, with ample parking and easy access for all customers. This well-maintained and fully updated commercial property is a rare find.

FOR SALE DETAILS

PRICE

$359,000 USD

PRICE/SF

$180 USD /SF

CAP RATE

9.22%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1963

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.25 AC

LAND SF

10,890 SF

ZONING

B3

APN/PARCEL ID

09-25-307-048,09-25-307-050

ASK ABOUT THIS PROPERTY

Peter LosaccoNew Concept RealtyMore Info
773-858-7257

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Peter LosaccoNew Concept RealtyMore Info
773-858-7257

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