Wauconda IL Real Estate & Commercial for Sale

Incredible investment opportunity in the heart of downtown Wauconda-ideal for a 1031 exchange! This 6/7 leased mixed-use property on Main Street is now available, offering immediate income potential. The building features three retail storefronts, all occupied by long-term tenants, and four apartments on the second floor. The residential units include two updated two-bedroom apartments-one fully remodeled with in-unit laundry-and two one-bedroom apartments, one fully updated and the other in excellent condition. Many tenants are repeat renters, providing stable and proven income. Additionally, the property is part of Wauconda's Facade Improvement Grant program, allowing for further exterior upgrades. Financials are available upon request. Don't miss this rare opportunity to own a prime, income-producing property in a thriving downtown location!

Unique opportunity. Unique property. This property includes two buildings. 2 story stand alone building currently a Flower Shop plus a separate two flat building. Flower shop features volume ceilings with second level overlooking the main level. Two flat is 1.5 stories with a two bedroom apartment on the first floor and a one bedroom apartment on the second floor. Both apartments have full kitchen appliance packages including dishwashers. Excellent income protentional.

Great for Contractors or Service Business. Mezzanine offers additional space. Outside storage available. 1238 Karl Ct. Approx 2690 sqft. with mezzanine. 1240 Karl Ct. Approx 3,286 sqft. 1238 Karl Ct is currently leased month to month. Approx. $1250 per month.