316 S Main Street S Wauconda, IL ^$ 379,000

316 S Main Street S

^$ 379,000

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Recently Listed

316 S Main Street S

Wauconda, IL, 60084

^$ 379,000

Studio Baths0.0 Sq 2,982

Monthly Estimate*

^$ 2,519

316 S Main Street S, Wauconda, IL 60084 - Image 1

316 S Main Street S, Wauconda, IL 60084 - Image 2

316 S Main Street S, Wauconda, IL 60084 - Image 3

316 S Main Street S, Wauconda, IL 60084 - Image 4

316 S Main Street S, Wauconda, IL 60084 - Image 5

316 S Main Street S, Wauconda, IL 60084 - Image 6

Studio

Commercial Property for sale in Wauconda, IL

for $379,000. This 2,982 square foot building was built in 1963 on a lot size of 0.230005.

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.

Commercial Active

Price

^$ 379,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 10,521

Style

Lot Size

0.230005

Year Built

1963

Town/City

Wauconda

County/Region

Lake

MLS | Web ID

12055416

Features

General

Cooling Central Air

Utilities Electric to Site Gas to Site Sanitary Sewer Water-Municipal Water to Site

Possession Closing Immediate Lease Back Required

Roof Composition

Zoning OFFIC

Construction Materials Wood Frame

Year Built 1963

Electric Circuit Breakers Separate Meters Service - 0 to 100 Amps

Tenant Pays Air Conditioning Heat

Stories 2

Township Wauconda

Property SubType Mixed Use

Tax Year 2023

Gross Income 50400

County Lake

Net Operating Income 33313

Operating Expense 17087

Insurance Expense 2838

Property Type Commercial Sale Mixed Use

Possible Use Commercial Office and Research

Status Active

Directions RT 176 & MAIN ST SOUTH TO NUMBER ON THE EAST SIDE

City Wauconda

NumberOfUnitsTotal 4

MLS Area Wauconda

Lot Size Square Feet 10019

Street Name Main

Tax Annual Amount 10521.4

Electric Expense 780

Fuel Expense 420

Trash Expense 288

Water Sewer Expense 840

Additional Parcels Y/N Y

Days on Market 5

Lease Type Gross

Standard Status Active

Interior

Flooring Carpet Vinyl

Total Fireplaces 0

Street Suffix Street

Exterior

Foundation Details Brick/Mortar Stone

Building Area Total 2982

Lot Dimensions 67X157X86X133

Frontage Type County Road

Exterior Vinyl Siding

* Excluded Features

List By

New Concept Realty

Broker

newconceptleasing@gmail.com

Affordability Calculator

$3,396

Per Month

Monthly Principal & Interest: $2,519
Monthly Property Taxes: $877
Monthly Home Insurance: --

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Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Wauconda, IL

Average List Price ^$794,700

Percent of Sale Price 110%

About Wauconda, IL

13,240 Population

53% Since 2002

^$79,602 Median Income

39.79 Median Age

33% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/14/2024	$379,000		Listed Price

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316 S Main Street S, Wauconda, IL, 60084 is a Commercial Property for sale at $379,000 with 2,982 sqft and a lot size of 0.230005. 316 S Main Street S is a studio with 0.0 baths and was built in 1963. The property's zip code is 60084 which is in Wauconda, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Data is updated as of 6/2/2024.

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316 S Main Street S

Commercial Property for sale in Wauconda, IL

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