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1201 Fairfield Road

Wauconda, IL 60084
  • $790,000
  • STATUS: Active
  • ON SITE: 238 days
  • MLS #: 10943950
UPDATED: 23 min ago
$790,000
  • 6
    BEDS
  • 0.75
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1947
County:
Area:

School Information

Elementary School:
Middle School:
School District:
79

Description

One of the oldest structures in Lake County built in 1852. Formally a cheese factory and then store front for Wauconda Orchards. Building was beautifully converted to a 4-unit building that generates great cash flow. Building is being sold with adjoining parcel totaling 2.9 acres at the corner of highly traveled Fairfield Road & Bonner Road on the edge of Wauconda. The village identifies this parcel as commercial in its long range plan. An easement exists for bringing water and sewer to the property under Millennium trail. Traffic counts conducted in 2009, before the traffic light was installed and intersection was widened, were 13,634 for Fairfield Road and 5,632 for Bonner Road, with anticipated annual growth of 3 percent. Building consists of 2 - 2 bed/1bath units and 2 - 1 bed/1 bath units. Current tenants are all on Month to Month Leases. First floor vacant unit could rent for between $1050 and $1100 a month further increasing the great cash flow and is currently being used by the owner.

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© 2021 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Helen Oliveri Real Estate. Based on information submitted to the MRED as of 2021-07-28T22:53:09.923 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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1201 Fairfield Road Wauconda, IL 60084

  • Price: $790,000
  • Status: Active
  • Updated: 23 min ago
  • MLS #: 10943950
6
Beds
4
Baths
0
½ Baths
0.75
Acres
1947
Built
Neighborhood:
Wauconda
County:
Lake
Area:
Wauconda
Elementary School:
Fremont Elementary School
Middle School:
Fremont Middle School
High School:
Mundelein Cons High School
School District:
79
Property Description
One of the oldest structures in Lake County built in 1852. Formally a cheese factory and then store front for Wauconda Orchards. Building was beautifully converted to a 4-unit building that generates great cash flow. Building is being sold with adjoining parcel totaling 2.9 acres at the corner of highly traveled Fairfield Road & Bonner Road on the edge of Wauconda. The village identifies this parcel as commercial in its long range plan. An easement exists for bringing water and sewer to the property under Millennium trail. Traffic counts conducted in 2009, before the traffic light was installed and intersection was widened, were 13,634 for Fairfield Road and 5,632 for Bonner Road, with anticipated annual growth of 3 percent. Building consists of 2 - 2 bed/1bath units and 2 - 1 bed/1 bath units. Current tenants are all on Month to Month Leases. First floor vacant unit could rent for between $1050 and $1100 a month further increasing the great cash flow and is currently being used by the owner.
Exterior Features

Exterior Building Type CedarStone Number Of Cars 0 Parking None Unit1 Floor Level 2 Unit2 Floor Level 2 Unit3 Floor Level 1 Unit4 Floor Level 1 Waterfront YN No

Interior Features

3 Bedroom Unit In Building No Appliances Features Unit1 StoveRefrigeratorDishwasherCentral Air Conditioner Appliances Features Unit2 StoveRefrigeratorCentral Air Conditioner Appliances Features Unit3 StoveRefrigeratorWindow Air Conditioner Appliances Features Unit4 StoveRefrigeratorWindow Air Conditioner Basement None Basement Bathrooms YN No Basement Description None Bathrooms Total Integer 4 Bedrooms Below Grade 0 Bedrooms Possible 6 Full Baths In Building 4 Full Baths In Unit1 1 Full Baths In Unit2 1 Full Baths In Unit3 1 Full Baths In Unit4 1 Half Baths In Building 0 Half Baths In Unit1 0 Half Baths In Unit2 0 Half Baths In Unit3 0 Half Baths In Unit4 0 Heating Natural GasForced Air Number Of Bedrooms Unit1 2 Number Of Bedrooms Unit2 1 Number Of Bedrooms Unit3 1 Number Of Bedrooms Unit4 2 Number Of Rooms Unit1 5 Number Of Rooms Unit2 4 Number Of Rooms Unit3 4 Number Of Rooms Unit4 5 Rooms Total 18

Property Features

Additional Parcels YN Yes Age Description 71-80 Years Built Before1978 YN Yes Corporate Limits Wauconda General Information None Lease Exp Date Mo Yr Unit1 Mtm Lease Exp Date Mo Yr Unit2 Mtm Lease Exp Date Mo Yr Unit3 Mtm Lease Exp Date Mo Yr Unit4 0 Lot Size 2.0-2.99 Acres Lot Size Dimensions 317 X 362 X 135 X 200 X 100 X 320 X 30 X 265 New Construction YN No Property Sub Type 4 Flat2 Story Unit/S Rebuilt YN No Rehab Year 2015 Rehab YN Yes Security Deposit Unit1 1150 Security Deposit Unit2 950 Security Deposit Unit3 850 Security Deposit Unit4 0 Sewer Septic-Private Special Assessments N Special Listing Conditions None Special Service Area N Tax Annual Amount 11761.56 Tax Year 2019 Tenant Pays Unit1 ElectricGas Tenant Pays Unit2 ElectricGas Tenant Pays Unit3 ElectricGas Tenant Pays Unit4 ElectricGas Unit1 Rent 1150 Unit2 Rent 950 Unit3 Rent 850 Unit4 Rent 0

Listing information © 2021 Midwest Real Estate Data LLC.
Listing provided courtesy of Blue Fence Real Estate Inc..


© 2021 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Helen Oliveri Real Estate. Based on information submitted to the MRED as of 2021-07-28T22:53:09.923 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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