24 N Chapel Street Waukegan, IL, 60085
$ 499,000Bedrooms Baths-- Sq 12,270
for $499,000. This 12,270 square foot building was built on a lot size of 164X132X66X72X98X125.
11, 270 sq ft Church built in 1934 recently remodeled comes with two single-family homes. In addition to ample street parking spaces Church owns paved parking for 22 cars and BONUS additional 22 paved parking spaces are provided by the adjacent neighbor for weekends and holidays. All zoning, building and occupancy permits meticulously met. Incredibly attractive price for the Church and the house adjacent to the west, were appraised at 640K four years ago and the house to the South for an additional 65K. The house in the back of Church is rented to a long-time tenant for $800 on a month month-to-month term. The 3-bedroom house south of the Church is being remolded: New heating system, new siding and roof, are complete with more work remaining on the interior. Therefore it's not included in the sale but is available to the purchaser for one dollar. Fantastic price and BONUS #2 the Seller is willing to provide a second mortgage of up to 200K.
Cooling System Central Air
Heating System Forced Air Gas
Water Source Municipal
Parking 21-40 Parking Spaces Private Lot
Road Frontage City Street
Roof Composition Shingles Pitched/Sloped
Location Mixed Use
Rental* Excluded Features
Tenant Pays Electric Heating
List By American Realty & Associates Inc
- Monthly Principal & Interest
- Monthly Property Taxes
- Monthly Home Insurance
Default based on a 30-year fixed rate of 4.125% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Commerical listings in Waukegan, IL
Average List Price $1,276,584
Percent of Sale Price 156 %
About Waukegan, IL
1 % Since 2002
$ 46,140 Median Income
32.63 Median Age
42 % Households with Children