For Sale
$369,000

316 Main St Wauconda, IL 60084

Prime Location, High-Yield Investment

Overview

Added:
Feb 3
Days on market:
77
This exceptional mixed-use property, located at 316 S Main Street S in Wauconda, Illinois, presents a unique investment opportunity. The 2,982 square foot building comprises three commercial units and one residential apartment, all currently leased to stable tenants, generating consistent income. The commercial spaces are occupied by a thriving hair salon, a nail salon, and a Farmer's Insurance agency, reflecting the strong tenant base and diverse business mix in the area. The residential apartment adds to the overall income stream. Situated in the heart of Wauconda's vibrant downtown business district, the property benefits from high visibility and foot traffic. Its proximity to popular restaurants, bars, Bang's Lake, the Park District, and the library enhances its appeal and attracts a steady flow of customers. The convenient location directly across from the police station provides an added layer of security and peace of mind. Ample parking is available, ensuring easy access for tenants and patrons alike. This meticulously maintained and fully updated property is a rare find, offering a compelling blend of commercial and residential income potential in a desirable location. The property is offered at $369,000.

Property Details for 316 Main St

Property type
Mixed-use properties
Square Feet
2,982 SF
Year Built
1963

Location Insight

City
Wauconda
County
Lake
State
Illinois
Latitude
42.25849
Longitude
-88.13857
316 Main St, Wauconda, Illinois

FAQs

What type of property is this?
Mixed-use property - Prime Location, High-Yield Investment
Where is the mixed-use property located?
The property is located at 316 Main St Wauconda, IL.
What is the asking price?
The asking price for this property is $369,000.
How can I contact the broker?
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316 Main St
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