7512 Hancock Drive , #-16

    Wonder Lake, IL 60097
    • $165,000
    • STATUS: Active
    • ON SITE: 190 days
    • MLS #: 10151385
    UPDATED: 183 min ago
    $165,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,272
      SQFT
    • $50
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1946
    County:
    Area:

    School Ratings & Info

    Description

    Fully leased mixed use investment property. Currently fully leased with 11.2% CAP rate. Located off main intersection in Wonder Lake. Consisting of (3) commercial units with 1.5 story residential unit and garage at the rear of the building. All current tenants are willing to sign long term leases upon sale. Tenants are also ready to vacate should the situation call for it. All 4 units are currently leased below market rents leaving a potential for increased income. New roof in 2014. This property is perfect for a beginner investor with tremendous potential for increased income. Contact broker for rent roll and financials. See attached layout and photos.

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    © 2019 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 The Wexler Group. Based on information submitted to the MRED as of 2019-06-15T23:51:11.883 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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    www.thewexlergroup.com/homes/89920138

    7512 Hancock Drive , #-16 Wonder Lake, IL 60097

    • Price: $165,000
    • Status: Active
    • Updated: 183 min ago
    • MLS #: 10151385
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    3,272
    SQFT
    $50
    $/SQFT
    1946
    Built
    Neighborhood:
    Wonder Lake
    County:
    McHenry
    Area:
    Wonder Lake
    Property Description
    Fully leased mixed use investment property. Currently fully leased with 11.2% CAP rate. Located off main intersection in Wonder Lake. Consisting of (3) commercial units with 1.5 story residential unit and garage at the rear of the building. All current tenants are willing to sign long term leases upon sale. Tenants are also ready to vacate should the situation call for it. All 4 units are currently leased below market rents leaving a potential for increased income. New roof in 2014. This property is perfect for a beginner investor with tremendous potential for increased income. Contact broker for rent roll and financials. See attached layout and photos.
    Exterior Features

    Frontage Access City Street Location Mixed Use Area Lot Dimensions 66X115X66X115 Lot Sq Ft 8276 Number Of Parking Spaces 6

    Interior Features

    Air Conditioning Central Air Fire Protection Fire Extinguisher/S Number Of Apts 1 Number Of Offices 1 Number Of Stores 2 Number Of Stories 1.5

    Property Features

    Age Older Built Before1978 YN Yes Current Use Commercial Electrical Service Circuit Breakers Electricity Expense 0 Fuel Expense 0 Geographic Locale Northwest Suburban Gross Rental Income Amount 0 Heat Ventilation Forced AirGas Insurance Expense 0 Net Oper Income Amount 18599 Number Of Tenants 4 Other Expenses 0 Owners Assoc YN No Rental Price 0 Tax Year 2018 Taxes 5355.74 Tenant Pays ElectricHeatScavenger Total Annual Exp 0 Total Annual Income 0 Total Monthly Income 0 Township Mchenry Unincorporated YN No Water Expense 0 Zoning Type Commr

    Listing information © 2019 Midwest Real Estate Data LLC.
    Listing provided courtesy of Premier Commercial Realty.


    © 2019 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 The Wexler Group. Based on information submitted to the MRED as of 2019-06-15T23:51:11.883 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
     
    The Wexler Group
    16123 S LaGrange Road
    Orland Park IL, 60467