This mixed-use property features 3 fully rented apartments and 2 retail storefronts. One storefront is currently vacant and ready for an owner-operator, while the other has a reliable long-term tenant in place. All apartments are fully leased, providing steady income from day one. The property is attractively priced and offers strong upside potential. Don't miss this chance-come take a look today! Property is being sold as-is. Owner is a licensed broker but not list agent.
This business district is established to provide larger, concentrated locations for a wide variety of retail stores, specialty shops, services, financial institutions and offices providing services to the public. Non-retail types of businesses are generally excluded. Locations for B2 districts should be provided with direct access to collector or larger streets. B2 districts may be located in conjunction with other business zones.
Permitted uses
Include but are not limited to:
Bank
General retail
Retail-Grocery
Restaurant
Hotel / motel
Office
Medical office
Library
Museum / gallery
Theater / performing arts facility
Property details
Exterior
Building Information
# of Units: 5
Built Before 1978 (Y/N): Yes
Property Information
Property Type: Mixed Use
Parcel Number: 08333250240000
Lot Information
Dimensions: 50x131
Financial
Tax Information
Tax Annual Amount: $9,779.88
Tax Year: 2024
Financial Information
Finance Code: Conventional
Gross Rent Multiplier: 4.72
Total Monthly Income: $3,695
Gross Income: $44,340
Utilities
Utility Information
Electric: Service - 101 to 200 Amps
Heating & Cooling
Heat/Ventilation: Other
Cooling: Window Unit(s)
Location
Location Information
Directions: Take Sheridan Road to the address.
Public facts
Beds: —
Baths: —
Sq. Ft.: 10,200
Stories: —
Lot Size: 6,551 square feet
Style: Multi-Family (5+ Unit)
Year Built: 1950
Year Renovated: 1950
County: Lake County
APN: 08-33-325-024
Home facts updated by county records on Jul 15, 2026
Other
Expense Information
Water Sewer Expense: $60
Electric Expense: $150
Trash Expense: $125
Insurance Expense: $500
Listing Information
Some Photos Virtually Staged?: No
Around this home
Schools
Evelyn Alexander School
Public K-3 • Assigned • 0.7mi
1/10
Neal Math and Science Academy
Public 6-8 • Assigned • 0.9mi
4/10
North Chicago Community High School
Public 9-12 • Assigned • 0.7mi
1/10
Provided by GreatSchools
Historical weather
North Chicago, IL • 60064
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Sun exposure
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