807 S Mcalister Avenue

Waukegan, Illinois 60085
Closed / MLS #11263304 / Multiple Unit (2-4) / Waukegan
Listing information updated 1/26/2022 at 5:03pm
10% Cap Rate - Extra Large Waukegan Turnkey 2 Unit! Potential to utilize the studio to go back to 3 units. Fully rented and profiting with above market rents. Unit 1 is updated with 4 bedrooms, 1 bath, family room, kitchen and a butler's pantry. Option to convert 4th bedroom back to the original dining room for additional living space. Unit 2 is updated and has 4 bedrooms, 2 bathrooms, family room, kitchen and an enclosed 3 season room. Basement includes laundry area with coin operated machines and private, partially finished Studio Apartment with separate entrance and egress (check with city regarding converting back to 3 units) Fenced yard with 3 large parking spots off alley. Full, partially finished attic for additional storage. Both tenants wish to stay if an investor or live in one unit and let the other unit pay your mortgage! Rents are 2,900 for both units- 1,450 each. This one will not last.

Full Features

Architecture Style:
Quad Level
Exterior Type:
Frame
Basement:
Partially Finished
Beds Above Grade:
8
Heating System:
Natural Gas
Pool:
No
Age:
100+ Years
Roof Type:
Asphalt
Parking Type:
Space/s - Unassigned,Off Alley
Parking Spaces:
3
Room Count:
14
Water Front:
No
Square Feet:
N/A
Lot Size:
.25-.49 Acre
Acreage:
0.03

Taxes & Assessments

Tax Amount:
$3,715
Tax Year:
2020

Location

Zip Code:
60085
City:
Waukegan
County:
Lake

Schools

School District(s):
60
Elementary School:
Andrew Cooke Magnet Elementary S
Middle School:
N/A
High School:
Waukegan High School

Listing Office: Vylla Home

Listing Office Phone: 708.827.3022

Disclaimer: The data relating to real estate for sale on this website comes courtesy of Midwest Real Estate Data, LLC as distributed by MLS GRID. 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. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 1/26/2022 at 5:03pm. 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.


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807 S Mcalister Avenue is a multiple unit (2-4) which sold for $242,000. 807 S Mcalister Avenue features 8 Beds, 3 Baths. This multiple unit (2-4) has been listed on @properties since November 4th, 2021 and was built in 1920. Nearby schools include Andrew Cooke Magnet Elementary S and Waukegan High School.