1201 Fairfield Road

Wauconda, IL
$ 749,900 Beds 6 Baths 4
Monthly Estimate* How much can I afford?

One of the oldest structures in Lake County built in 1852. Formally a cheese factory and then store front for Wauconda Orchards. Building was beautifully converted to a 4-unit building that generates great cash flow. Building is being sold with adjoining parcel totaling 2.9 acres at the corner of highly traveled Fairfield Road & Bonner Road on the edge of Wauconda. The village identifies this parcel as commercial in its long range plan. An easement exists for bringing water and sewer to the property under Millennium trail. Traffic counts conducted in 2009, before the traffic light was installed and intersection was widened, were 13,634 for Fairfield Road and 5,632 for Bonner Road, with anticipated annual growth of 3 percent. Building consists of 2 - 2 bed/1bath units and 2 - 1 bed/1 bath units. Current tenants are all on Month to Month Leases. First floor vacant unit could rent for between $1050 and $1100 a month further increasing the great cash flow and is currently being used by the owner.

Multi-Family

  • Price
  • $ 749,900
  • Lot Size
  • 0.75 Acres
  • Bedrooms
  • 6
  • Full Bathrooms
  • 4
  • Year Built
  • 1947
  • Half Bathrooms
  • 0
  • City, Zip
  • Wauconda
  • Taxes
  • $ 11761
  • County
  • LAKE
  • Style
  • Area
  • Wauconda
  • MLS#
  • 10943950
  • Zip
  • 60084
Listing Provided by: Blue Fence Real Estate Inc.
Data Source: Midwest Real Estate Data (MRED) - 103 - IL

Features

General

Additional Parcels Y/N Yes
Basement None
City Wauconda
County Lake
Days on Market 272
Directions Corner of Boner & Fairfield
Elementary School Fremont Elementary School
Elementary School District 79
Heating Natural Gas, Forced Air
High School Mundelein Cons High School
High School District 120
MLS Area Wauconda
Middle/Junior High School Fremont Middle School
Middle/Junior School District 79
New Construction No
Ownership Fee Simple
Possession Closing
Property Type Two to Four Units
Property Type Residential Income
Sewer Septic-Private
Standard Status Active
Status Active
Street Name Fairfield
Tax Annual Amount 11761.56
Tax Year 2019
Total Rooms 18
Township Fremont
Year Built 1947

Interior Features

Basement None
Bedrooms Possible 6
Full Baths 4
Full Baths Building 4
Street Suffix Road
Total Baths 4
Total Bedrooms 6

Exterior Features

Exterior Cedar, Stone
Lot Dimensions 317 X 362 X 135 X 200 X 100 X 320 X 30 X 265
Lot Size Acres 0.75
Water Source Private Well
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$2,869

Per Month

Based on the average sale price from the Long Grove, IL office

  • Monthly Principal & interest $1,740
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 2.99% 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.

Schools

Elementary School Fremont Elementary School
Middle School Fremont Middle School
High School Mundelein Cons High School

Price History

12/1/2020 Listed $790,000
8/24/2021 6% - $749,900

Property vs Zip Code Average in 60084

Price
AVG $920K
$750K
Taxes
AVG $17,449
$11,761
Visits
AVG 151
248
Year Built
AVG 1966
1947
Walkscore
AVG 32
1
Data Provided by Walkscore ® not using MLS data

Map

Areas That We Cover

1201 Fairfield Road Wauconda, IL is a Single Family Home for sale at $749900 and a lot size of 0.75 Acres Acre(s). 1201 Fairfield Road Wauconda has 6 bedrooms, 4 baths and was built in 1947. The property's zip code is 60084 which is in Wauconda, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 2.99% 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.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.