Property summary
This exceptional investment opportunity presents two fully occupied, 12-unit apartment buildings situated across the street from each other at 2116 & 2101 Williamsburg Dr, Waukegan, IL 60085, in Lake County. Both buildings boast recently completed renovations, including new flooring, updated kitchens with new refrigerators, ovens, and dishwashers, fresh paint, and new window coverings. Significant capital improvements have also been made, encompassing new roofs, a new water heater, and a new… coin-operated washing machine in one building. Both boilers have undergone complete servicing and cleaning. Currently generating approximately $15,900 in monthly rental income, these properties offer a 7.5% cap rate. All units are updated and ready for immediate occupancy, making this a truly turnkey investment. The current rents are below market value, presenting a significant opportunity to increase income. This portfolio offers a strong foundation for a savvy investor seeking immediate cash flow and potential for future appreciation. An additional portfolio of eleven single-family homes in North Chicago is also available for purchase, potentially as a package deal. This secondary portfolio comprises a mix of three- to five-bedroom homes, with varying amenities and rental rates, totaling approximately $16,500 in monthly rental income and a total asking price of $3,000,000. The single-family homes are located at various addresses in North Chicago, IL, and have a combined annual tax liability of $47,317. This combined multifamily and single-family portfolio presents a substantial and diversified investment opportunity.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax
No data for this sectionNo tax or assessment record is on file for this parcel in the county feed.
Value estimate
· Sep 2026No data for this sectionNo value estimate could be modeled: the record carries too little market input for this parcel.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
