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$430,000
95 Days Online

802 Belvidere Road
Waukegan, IL 60085

For Sale|Multi-Family|Active
County:
Lake
Listing Courtesy of MRED as distributed by MLS Grid of Vylla Home
Call Now: 312-766-7076
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312-766-7076
802 Belvidere Road802 Belvidere Road802 Belvidere Road802 Belvidere Road
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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

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Listing Snapshot
Price 
$430,000
Days Online 
95 Days
Bedrooms 
N/A
Inside Area (SqFt) 
7,154 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.25 Acres
Year Built 
1950
MLS Number 
11330030
Status 
Active
Property Tax 
$6,393
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
7 days agoListing updated with changes from the MLS
3 months agoListing first seen online
General Features
Construction 
Brick
Parking Spaces 
10
Electric 
Circuit Breakers
Number of Stories 
2
Acreage 
0.25
Foundation 
Brick/ Mortar
Zoning 
MULTI
Number Of Stories 
2
Parking Total 
10
Interior Features
Fireplaces 
0
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Exterior Features
Roof 
Composition
Construction Details 
Brick
Community Features
Township 
Waukegan
MLS Area 
Park City / Waukegan
Association Fee Includes 
None
Listing Courtesy of MRED as distributed by MLS Grid of Vylla Home



Based on information submitted to the MLS GRID as of 2022-05-23 12:05 PM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Data last updated: 2022-05-23 12:05 PM UTC
MRED DMCA Copyright Information Copyright © 2022 Midwest Real Estate Data LLC. All rights reserved.

Neighborhood & Commute
Source: Walkscore
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