2116 & 2101 Williamsburg Dr Waukegan, IL 60085
Washington Heights Acres NeighborhoodEstimated payment $7,631/month
Highlights
- Property is near public transit
- Laundry Room
- 4-minute walk to Belvidere Park
- Corner Lot
- Heating Available
About This Home
***Just in, Seller offering up to $50,000 in Closing Costs Credit***Price Reduction!! Recent updates! Motivated seller offering a unique opportunity for the next Visionary Investor! This is your chance to take ownership of a substantial investment portfolio in prime Real Estate! Ideal for Dreamers ready to make a mark in the property market. Don't miss out on this exceptional chance to expand your Investment Horizons!! Fully Updated***Enjoy modern living with updated interiors and exteriors, ensuring minimal maintenance and high tenant satisfaction. Attractive Rental Income. Two buildings, 22 Bedrooms, 12 Bathrooms, ALL are fully occupied, offering a steady cash flow from day one! There is designated parking with new parking gravel providing convenient access and enhanced curb appeal. Recent upgrades to mechanicals ensure reliability and efficiency, reducing long-term costs. Both buildings come as a package and are located in a vibrant community with shopping plazas and essential services within minutes away. This property is an ideal investment for those looking to expand their portfolio or enter the rental market with a turnkey operation. Don't miss your opportunity to own 2 well-maintained properties with strong rental demand! Schedule your viewing by contacting us today!
Listing Agent
eXp Realty - Chicago North Ave License #475200482 Listed on: 02/25/2025

Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,662
Year Built
- Built in 1950
Lot Details
- 0.41 Acre Lot
- Lot Dimensions are 60x134
- Corner Lot
- Additional Parcels
Parking
- 6 to 12 Parking Spaces
Home Design
- Mixed Use
- Flat Roof Shape
- Brick Exterior Construction
- Concrete Perimeter Foundation
Interior Spaces
- 18,252 Sq Ft Home
- 3-Story Property
- Fire and Smoke Detector
- Laundry Room
Location
- Property is near public transit
Utilities
- Window Unit Cooling System
- Heating Available
- Separate Meters
Community Details
Overview
- 12 Units
Building Details
- Electric Expense $1,200
- Insurance Expense $6,000
- Trash Expense $3,600
- Water Sewer Expense $1,500
- Operating Expense $6,300
- Gross Income $200,760
- Net Operating Income $194,460
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
08/12/2025 08/12/25 | Price Changed | $1,249,999 | -16.7% | $68 / Sq Ft |
07/01/2025 07/01/25 | Price Changed | $1,500,000 | -9.1% | $82 / Sq Ft |
06/06/2025 06/06/25 | Price Changed | $1,650,000 | -8.3% | $90 / Sq Ft |
04/10/2025 04/10/25 | Price Changed | $1,800,000 | -10.0% | $99 / Sq Ft |
02/25/2025 02/25/25 | For Sale | $2,000,000 | +163.2% | $110 / Sq Ft |
12/20/2021 12/20/21 | Sold | $760,000 | -9.5% | -- |
10/29/2021 10/29/21 | Pending | -- | -- | -- |
08/24/2021 08/24/21 | For Sale | $840,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12293660

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