550 N Green Bay Road, WAUKEGAN IL 60085 Photo 1
Listing Courtesy of Chicago Newstar Realty Inc.

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550 N Green Bay Road - ****GREAT INCOME PRODUCING PROPERTY!!! FULLY OCCUPIED WITH 6 ACTIVE TENANTS LIKE AUTO SHOP, 2 RESTAURANTS, CABINET STORE, USED CAR DEALER, AUTO RELATED RETAILS. HUGE PIECE OF LAND 6.5 ACRES. **** A LOTS OF POTENTIAL FOR DEVELOPMENT**** ****11.3 CAP RATE INVESTMENT PROPERTY!!****

Listing information

  • MLS® ID: 09153246
  • Status: Active
  • New Construction: No
  • County: Lake
  • Style: Retail / Hospitality / Service
  • Stories: 2
  • Foreclosure: No
  • Year Built: 1965
  • Parking Type Description: None 0 cars
  • Estimated Annual Taxes: $74,228

Features

Air Conditioning Central Air
Approximate Age 36-50 Years
Electrical Service Circuit Breakers
Fire Protection Other
Franchisor Feed(y/n) No
Geographic Locale North Suburban
Heat/Ventilation Forced Air, Gas
Information Listing Agent Must Accompany
Other # Of Drive In Doors - 0, # Of Tenants - 7, # Of TL Docks - 0, # Of Units - 7, Approx Total Bldg Sq Ft - 25947, Expense Year - 2015, Gross Rental Income $ - 28200, Net Oper Income $ - 19377, Tax Year - 2015, Total Annual Exp - 9228, Total Annual Income - 282000, Township - Waukegan, Zoning Type - Commr
Property Offered For Sale Only
Property Type Retail/Stores
Tenant Pays Other
Listing Courtesy of Chicago Newstar Realty Inc.