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1201 Fairfield Road

Wauconda, Illinois 60084

Brittany Bussell
312.898.3269
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$790,000


Bedrooms
6

Bathrooms
4

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Property Type
Multiple Unit (2-4)
Neighborhood
Wauconda


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.

The Details


Full Features
Exterior Type: Cedar,Stone
Basement: None
Beds Above Grade: 6
Heating System: Gas, Forced Air
Pool: No
Age: 71-80 Years
Parking Type: None
Parking Spaces: 0
Room Count: 18
Water Front: No
Square Feet: N/A
Tax Amount: $11,761
Tax Year: 2019


Taxes & Assessments
Taxes: $11,761

Listing information updated 2/17/2021 at 11:03pm

Listing Office: Blue Fence Real Estate Inc.

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Disclaimer: 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 @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers.

The Neighborhood

Wauconda photo


Wauconda

For four years in a row, the Village of Wauconda won the Daily Herald’s Readers’ Choice Award for “Best City or Town to Live” for its recreation, dining options, and shopping along historic Main Street. The village’s Bangs Lake is…

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Assigned Schools

School District(s)
Fremont SD 79, Mundelein Cons HSD 120
Elementary School
Fremont Elementary School, Fremont Intermediate School
Middle School
Fremont Jr High/middle School
High School
Mundelein Cons High School

School information is provided by the National Center for Education Statistics. This information should only be used as a reference and does not warrant or guarantee enrollment. Please contact applicable schools or school districts directly to verify information and enrollment eligibility.

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Public Transit

Nearby Public Transportation

No Nearby Public Transportation Found

 


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1201 Fairfield Road Wauconda, Illinois 60084 is a multiple unit (2-4) currently listed at $790,000. 1201 Fairfield Road features 6 bedroom(s) and 4 bath(s). This multiple unit (2-4) has been listed on @properties since December 1st, 2020 and was built in 1947. Nearby schools include Fremont Elementary School, Fremont Intermediate School, Fremont Jr High/middle School. Want to learn more about 1201 Fairfield Road Wauconda, Illinois 60084? Contact an @properties agent to request more info.


© 2021 Midwest Real Estate Data, LLC. All Rights Reserved. The accuracy of all information regardless of source including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.