316 Main StWauconda, IL 60084

For Sale
$369,000

Prime Location, High-Yield Investment

Overview

Added:
Feb 3
Days on market:
39
This exceptional mixed-use property, located at 316 S Main Street S in Wauconda, Illinois, presents a unique investment opportunity. The 2,982 square foot building comprises three commercial units and one residential apartment, all currently leased to stable tenants, generating consistent income. The commercial spaces are occupied by a thriving hair salon, a nail salon, and a Farmer's Insurance agency, reflecting the strong tenant base and diverse business mix in the area. The residential apartment adds to the overall income stream. Situated in the heart of Wauconda's vibrant downtown business district, the property benefits from high visibility and foot traffic. Its proximity to popular restaurants, bars, Bang's Lake, the Park District, and the library enhances its appeal and attracts a steady flow of customers. The convenient location directly across from the police station provides an added layer of security and peace of mind. Ample parking is available, ensuring easy access for tenants and patrons alike. This meticulously maintained and fully updated property is a rare find, offering a compelling blend of commercial and residential income potential in a desirable location. The property is offered at $369,000.

Property Details for 316 Main St

Property type
Mixed-use properties, Other mixed-use properties
Square Feet
2,982 SF
Year Built
1963

Location Insight

City
Wauconda
County
Lake
State
Illinois
Latitude
42.25849
Longitude
-88.13857
316 Main St, Wauconda, Illinois

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
316 Main St
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message