5-Unit Apartment Building with
1425 10th Street Waukegan, IL 60085
1425 10th Street, Waukegan, IL, 60085
$519,000
For Sale
$519,000
Five fully occupied units with on-site laundry income and recent major updates including a new roof and newer boiler.
Property Size30,702 SF
Price / SF$16.90
Days on Market99
Property Features for 1425 10th Street
General Information
- Standard status
- Active
- Size
- 30,702 SF
- Property subtype
- Multi Family 5+ / Multi Family 5+-Other
Building Details
- Year Built
- 1935
Listing agency
4 Sale Realty Advantage LLC
(847) 601-9359
Listed by
Brandon Aranda · License #475188483
(847) 601-9359
Source
Compass
Added: Apr 15 Updated: Jul 22 at 6:20AM Checked: Jul 22 at 6:20AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of 4 Sale Realty Advantage LLC
Investment Insights
Based on property information with market context.
This solid 5-unit apartment building is fully occupied and currently producing consistent income. The property generates $5,700 per month, comprised of $5,425 in rents plus $275 from laundry, with a stated current NOI of $44,250. An on-site laundry setup provides an additional revenue stream beyond unit rents.
The building has had major updates already completed, including a new roof and a boiler and water heater that are both under 10 years old, helping limit near-term capital expenses. Located at 1425 10th Street in Waukegan, IL 60085, the property is described as straightforward to manage in its current condition. Rent roll and financials are available in the provided documents.
The building has had major updates already completed, including a new roof and a boiler and water heater that are both under 10 years old, helping limit near-term capital expenses. Located at 1425 10th Street in Waukegan, IL 60085, the property is described as straightforward to manage in its current condition. Rent roll and financials are available in the provided documents.
Key Highlights
- Solid 5‑unit investment property with all units currently occupied
- Monthly income totals $5,700 ($5,425 in rents + $275 from on‑site laundry)
- Current NOI is $44,250 with income currently supporting the property
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Apartment building - Five fully occupied units with on-site laundry income and recent major updates including a new roof and newer boiler.
Where is this apartment building located?
The property is located at 1425 10th Street Waukegan, IL.
What is the asking price?
The asking price for this property is $519,000.
What are key features of this property?
This property features: Solid 5‑unit investment property with all units currently occupied; Monthly income totals $5,700 ($5,425 in rents + $275 from on‑site laundry); Current NOI is $44,250 with income currently supporting the property
