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1201 Fairfield Road

Wauconda, IL 60084
  • $749,900
  • STATUS: Active
  • ON SITE: 621 Days
  • MLS #: 10943950
UPDATED: 42 min ago
$749,900
  • 6
    BEDS
  • 0.75
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1947
County:
Area:

School Information

Elementary School:
Middle School:
School District:
79

Description

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.

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© 2022 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 @properties. Based on information submitted to the MRED as of 2022-08-15T19:59:21.193 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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1201 Fairfield Road Wauconda, IL 60084

  • Price: $749,900
  • Status: Active
  • On Site: 621 Days
  • Updated: 42 min ago
  • MLS #: 10943950
6
Beds
4
Baths
0
½ Baths
0.75
Acres
1947
Built
Neighborhood:
Wauconda
County:
Lake
Area:
Wauconda
Elementary School:
Fremont Elementary School
Middle School:
Fremont Middle School
High School:
Mundelein Cons High School
School District:
79
Property Description
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.
Exterior Features

Exterior Building Type CedarStone Lot Size 2.0-2.99 Acres Multi Family Type 4 Flat2 Story Unit/S Parking None Parking Details None Waterfront YN No

Interior Features

Basement None Basement Bathrooms YN No Basement Details None Bedrooms Below Grade 0 Bedrooms Total 6 Full Baths In Building 4 Half Baths In Building 0 Heating Natural GasForced Air Rooms Total 18

Property Features

Additional Parcels YN Yes Age 71-80 Years Built Before1978 YN Yes Corporate Limits Wauconda General Information None Mls Actual Status Active New Construction YN No Ownership Fee Simple Rebuilt YN No Rehab Year 2015 Sewer Septic-Private Special Listing Conditions None Tax Annual Amount 11761.56 Tax Year 2019 Total Numberof Unitsin Building 4 Township Fremont Type Two To Four Units Water Source Private Well

Listing information © 2022 Midwest Real Estate Data LLC.
Listing provided courtesy of Blue Fence Real Estate Inc..


© 2022 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 @properties. Based on information submitted to the MRED as of 2022-08-15T19:59:21.193 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
 
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