Listing Courtesy of Vylla Home, Elizabeth Lita

802 Belvidere Unit#, Waukegan, Illinois, 60085

The property is comprised of (3) 2 bedroom units and(1) bedroom and (2) Commercial spaces that consists of (2) 1,400 square foot spaces. All 4 rental units have been recently renovated. The roof is 2 years old. The property is located in the Enterprise Zone The property is located on the corner of Belvidere and Powell Ave with Annual Average Daily Traffic of 21,600 . Great Value Add Opportunity and perfect for an owner/operator. The property is zoned B3 General Commercial and has a wide array of uses : Beauty Shop, Drug Store, Restaurant, Tobacco, Retail, Office. The property is less than 4 miles to I 94 and 2 miles to Rt 41. The city of Waukegan has a population of 89,184 Residence. With a median age of 32.5 both male and females. Median Household Income is 51,031. Current NOI is 24,394 with only the (4) rental units. Pro-forma NOI is 65,938 at a 15% Cap Rate with the 2800 square feet at $1.00 per square






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  • Street Address: 802 Belvidere Unit#
  • City: Waukegan
  • State: Illinois
  • County: Lake
  • Directions:
    From Jackson go East on Belvidere to property. Property is on the North side of Belvidere with parking in the back lot off of Powell Ave


General Information

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  • Basement Description : Unfinished
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SCHOOLS NEAR 802 Belvidere Unit#

  • Listings courtesy of Midwest Real Estate Data (MRED) | Chicago Association of REALTORS® as distributed by MLS GRID. The information being provided by Greater Northwest Indiana Association of REALTORS is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information related to real estate for sale referenced on the web site comes from Internet data exchange (IDX) program of the Greater Northwest Indiana Association of REALTORS. 618-Coldwell Banker Realty - Chicago is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of 618 Coldwell Banker Realty – Chicago, a broker participant of Greater Northwest Indiana Association of REALTORS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes is, deemed reliable but not guaranteed and should not be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Greater Northwest Indiana Association of REALTORS and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited
  • Courtesy of Vylla Home, Elizabeth Lita
  • Property last updated on MRED : 6/26/2022 1:26:10 PM