1238-1240 Karl Ct Wauconda, IL 60084
- Commercial real estate
- 5,976 SF
- 0.33 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 1238-1240 Karl Ct
- Year built
- 1995
- Lot size
- 0.33 lot acres
- Property size
- 5,976 SF
- Property type
- Commercial real estate
Description
This exceptional Wauconda, IL property presents a unique investment opportunity. Comprising two buildings situated on a 0.33-acre lot at 1238-1240 Karl Court, this property offers a combined 5,976 square feet of versatile space. The main building at 1238 Karl Court boasts approximately 2,690 square feet, complemented by a mezzanine level, adding valuable extra space. Currently leased month-to-month at approximately $1250 per month, this provides immediate income potential. The second building, located at 1240 Karl Court, offers approximately 3,286 square feet of additional space. Both buildings are well-suited for contractors or service businesses. The property also features valuable outside storage, enhancing its practicality and appeal. This property is priced competitively at $525,000 and offers significant potential for growth and return on investment. The combination of existing income, ample space, and convenient outdoor storage makes this an attractive proposition for a wide range of buyers. Don't miss this chance to acquire a well-located and versatile commercial property in the thriving Wauconda market.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Wauconda
- County
- Lake
- State
- Illinois
- Longitude
- -88.1411
- Latitude
- 42.2797
