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$ 587,000
Est. payment | /mo
4,350 SqFt
$ 587,000
Est. payment | /mo
4,350 SqFt
Key Details
Property Type Commercial
Sub Type Multi Family 5+
Listing Status Active
Purchase Type For Sale
Square Footage 4,350 sqft
Price per Sqft $134
MLS Listing ID 12097989
Year Built 1840
Annual Tax Amount $9,939
Tax Year 2023
Lot Size 0.640 Acres
Lot Dimensions 226X120X237X120
Property Description
5-Unit Multi-Family Rental Property with Full Lake Rights in Unincorporated Lake County. Discover this unique investment opportunity nestled on a large, wooded lot offering full lake rights in serene unincorporated Lake County. This 5-unit multi-family property boasts an excellent tenant retention rate, ensuring consistent income. Amenities include on-site complimentary laundry facilities, with select units featuring in-unit laundry for added convenience. The property offers a welcoming environment, with the added option of a partially fenced yard area for pets . The units include: 2-bedroom garden apartment with a walkout, Spacious 1-bedroom unit with a deck, 3-bedroom unit, 2-bedroom unit with deck and a large 1-bedroom unit with, fireplace, skylights and vaulted ceilings. This property provides significant potential for growth. Whether you are looking to add to your investment portfolio or seeking a property with development possibilities, this multi-family rental is an exceptional find. Don't miss out on the chance to own this remarkable property with full lake rights!
Location
State IL
County Lake
Interior
Cooling Window Unit(s)
Fireplaces Number 2
Fireplace Y
Exterior
View Y/N true
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Listed by Amber Cawley • @properties Christie's International Real Estate