Property for Sale: 201-203 S Main, Wauconda, IL 60084

$995,000
$995,000
201-203 S Main, Wauconda, IL 60084
$995,000
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Price:
$995,000

Type Commercial
Year Built 1861

City Wauconda
County Lake

MLS 12260571
Status Active
Incredible investment opportunity in the heart of downtown Wauconda-ideal for a 1031 exchange! This 6/7 leased mixed-use property on Main Street is now available, offering immediate income potential. The building features three retail storefronts, all occupied by long-term tenants, and four apartments on the second floor. The residential units include two updated two-bedroom apartments-one fully remodeled with in-unit laundry-and two one-bedroom apartments, one fully updated and the other in excellent condition. Many tenants are repeat renters, providing stable and proven income. Additionally, the property is part of Wauconda's Facade Improvement Grant program, allowing for further exterior upgrades. Financials are available upon request. Don't miss this rare opportunity to own a prime, income-producing property in a thriving downtown location!

Lot & Building Features

Construction Brick
Cooling Central Air
Tax Year 2023
Lot Dimensions COMMON

Price History of 201-203 Main, Wauconda, IL

Date Name Price Difference
12/31/1969 Listing Price $995,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.
Photo of Natalie Williams
Direct: 773-213-9693
Office
3580 W 95th Street
Evergreen Park, IL 60805
708-422-0011
Listed by Compass, Kim Alden
$
20%
1%
6.75%
$
$
$
Monthly Payment
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI

201-203 Main (MLS #12260571) is a commercial listing located in Wauconda, IL. This property was listed on 01/02/2025 and has been priced for sale at $995,000.

Nearby zip codes are 60010, 60013, 60042, 60073 and 60081. This property neighbors other cities such as Barrington, Lake Barrington, North Barrington, Spring Grove and Tower Lakes.

Midwest Real Estate Data

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Compass