Illinois / Waukegan / 60087 / 3370 West Brooke Avenue

3370 West Brooke Avenue

Q: What is the asking price for 3370 West Brooke Avenue in Waukegan?

The asking price for 3370 West Brooke Avenue is $4,350,000

Q: What is the building size of this Multifamily property in Waukegan, IL?

The size of the building/unit at 3370 West Brooke Avenue in Waukegan is 43,308 square feet.

Q: What is the population within 1 mile of 3370 West Brooke Avenue?

The population within 1 mile of 3370 West Brooke Avenue Waukegan, IL 60087 is 7,024 people.

Q: Who do I contact for questions about 3370 West Brooke Avenue?

You should contact the listing agent, Danny Mantis, for any details regarding this commercial listing.

Waukegan, IL 60087

Onan Place Condos

Listing ID: 279827

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Building Size: 43,308 SF

Lot Size: --

Land Size: --

Building $/SF: $100.44

Land $/SF:

Price

$4,350,000

Property Highlights

Sale includes 58 Units out of 74 78 of Total Units

2006 Construction

Rental Management Upside

Opportunity for Cash Flow or Future Deconversion Sale

Description

Kiser Group is pleased to offer Onan Place Condos exclusively for sale. The property is located at 3370 W Brook Ave, Waukegan, IL in Lake County. The seller developed the property in about 2006 and still owns 58 of the 74 units. This is NOT a condo deconversion deal; The only units for sale are the 58 units owned by the seller, which account for approximately 78% of the association.
The 58 units are currently rented to tenants. At this pricing, it represents an in place cap rate of 6.3%. The buyer of this property has the opportunity to come in and acquire the remaining units to own 100% of the property and/or acquire the property and do a deconversion sale under section 15.
Amenities include heated underground parking, elevator, fitness center, on site laundry, & indoor storage.

Points of Interest & Demographic Radii

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Demographic Radii

POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.

Chicago History of Multifamily Housing for Sale

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Listing Demographics for 3370 West Brooke Avenue Waukegan, IL 60087

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

		1-Mile	3-Miles	5-Miles
Total Population		7,024	88,981	166,884
Population Median Age		38	35	35
Population by Age	0-9 Yrs	771 (10%)	12603 (14%)	24359 (14%)
	10-19 Yrs	1169 (16%)	14329 (16%)	25536 (15%)
	20-29 Yrs	758 (10%)	13336 (14%)	25701 (15%)
	30-39 Yrs	750 (10%)	12223 (13%)	21819 (13%)
	40-49 Yrs	1288 (18%)	12337 (13%)	22116 (13%)
	50-59 Yrs	941 (13%)	10444 (11%)	20772 (12%)
	60-69 Yrs	786 (11%)	7870 (8%)	15319 (9%)
	70+ Yrs	560 (7%)	5839 (6%)	11263 (6%)

Median HH Income		$54,702	$57,096	$56,100
Total Household Income	< 24K	355 (14%)	5379 (17%)	12075 (20%)
	25-49K	726 (30%)	7818 (25%)	14053 (24%)
	50-74K	455 (18%)	6815 (22%)	10957 (18%)
	75-99K	285 (11%)	3570 (11%)	6939 (12%)
	100-199K	536 (22%)	6009 (19%)	11278 (19%)
	200K+	44 (1%)	878 (2%)	2461 (4%)

Highest Education Level	No Diploma	1166	11169	20755
	Diploma or GED	1467	17484	30923
	Some College	894	11359	21581
	Assoc. Degree	313	3955	6573
	Bachelors Degree	556	7023	15088
	Higher Degree	250	3731	8059

Total Housing Units		2,527	32,416	62,347
--Owner-Occupied		1,772	16,576	30,837
--Renter-Occupied		629	13,892	26,927
Owner-Occupied Values	< 100K	284	3977	7724
	100-199K	1090	8388	13737
	200-299K	371	2868	5488
	300-399K	3	956	2324
	400-499K	7	119	630
	500K+	17	269	933

Total Working Age Population		5,487	67,819	127,053
In Work Force		3,715	48,624	87,802
Not In Work Force		1,772	19,195	39,252
Workforce Employed		3,499	44,804	80,572
Workforce Unemployed		216	3,378	6,545
Civlian Workforce		3,715	48,183	87,117
Military Workforce		0	441	684

Total Households		2,401	30,468	57,763
Family Households		1,757	21,085	39,338
Non-Family Households		644	9,383	18,425
Married Couple		1,234	14,378	26,165
Other Family		523	6,707	13,173
Married w/Child		563	6,966	12,589
Single Male w/Child		37	1,149	1,911
Single Female w/Child		207	2,866	6,089

Population Change Last Two Decades - Plus Projection

	2000	%	2010	%	2020	%	2030
Illinois	12,419,293	+3	12,830,632	+12	14,316,487	+6	15,138,849
Lake County	644,356	+9	703,462	+17	820,250	+6	873,024

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No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

Common Questions and Answers

What is the asking price for 3370 West Brooke Avenue in Waukegan?

The asking price for 3370 West Brooke Avenue is $4,350,000

What is the building size of this Multifamily property in Waukegan, IL?

The size of the building/unit at 3370 West Brooke Avenue in Waukegan is 43,308 square feet

What is the population within 1 mile of 3370 West Brooke Avenue in Waukegan?

The population within 1 mile of 3370 West Brooke Avenue Waukegan, IL 60087 is 7,024 people.

Who do I contact for questions about 3370 West Brooke Avenue?

You should contact the listing agent, Danny Mantis, for any details regarding this commercial listing.

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29 Park Avenue, Lake Zurich, IL	$450,000	2016	0.23
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5 West Wood Street, Palatine, IL	$1,150,000	2000	0.5
10047 Linda Lane, Des Plaines, IL	$429,000	6000	1
601 Park Avenue, Wilmette, IL	$12,600,000	27000	-
10109 Old Orchard Ct, Skokie, IL	$6,840,000	24000	-
400 Laurel Avenue, Des Plaines, IL	CALL	21000	-

Closest Commercial Airports

Airport	Distance (mi)
Chicago O'Hare International Airport (ORD)	29
General Mitchell International Airport (MKE)	38
Chicago Midway International Airport (MDW)	42