807 S McAlister AVE Waukegan, IL 60085

10% Cap Rate - Extra Large Waukegan Turnkey 2 Unit! Potential to utilize the studio to go back to 3 units. Fully rented and profiting with above market rents. Unit 1 is updated with 4 bedrooms, 1 bath, family room, kitchen and a butler's pantry. Option to convert 4th bedroom back to the original dining room for additional living space. Unit 2 is updated and has 4 bedrooms, 2 bathrooms, family room, kitchen and an enclosed 3 season room. Basement includes laundry area with coin operated machines and private, partially finished Studio Apartment with separate entrance and egress (check with city regarding converting back to 3 units) Fenced yard with 3 large parking spots off alley. Full, partially finished attic for additional storage. Both tenants wish to stay if an investor or live in one unit and let the other unit pay your mortgage! Rents are 2,900 for both units- 1,450 each. This one will not last.