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7512 Hancock DR #-16 Wonder Lake, IL 60097
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Key Details
Sold Price $130,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 3,272 sqft
Price per Sqft $39
MLS Listing ID 10151385
Year Built 1946
Annual Tax Amount $5,355
Tax Year 2018
Property Sub-Type Mixed Use
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.
Location
State IL
County Mc Henry
Area Wonder Lake
Zoning COMMR
Interior
Cooling Central Air
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Bought with Anthony Bellino of RE/MAX of Barrington
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