$740,000
$695,000
6.5%For more information regarding the value of a property, please contact us for a free consultation.
6,500 SqFt
SOLD DATE : 04/26/2021
Key Details
Sold Price $740,000
Property Type Multi-Family
Sub Type Multi Family 5+
Listing Status Sold
Purchase Type For Sale
Square Footage 6,500 sqft
Price per Sqft $113
MLS Listing ID 10988683
Sold Date 04/26/21
Maintenance Fees $5,000
Year Built 1970
Annual Tax Amount $17,945
Tax Year 2019
Lot Size 0.450 Acres
Lot Dimensions 100X200
Property Sub-Type Multi Family 5+
Property Description
One-Story 8-Unit with high demand location, sunset views of Pistakee Lake and within easy walking distance to dining, downtown Fox Lake & Metra. All units are fully rented and have had various updates and refreshing done the past 5 years. Seven 2br units and one 1br, all have nice size bedrooms, ample living room and eat in kitchens with sliding glass doors to patio space. (1br does not have slider) Building has new water heater & siding replaced 2020, storage shed 2019, water softener 2017 & roof 2015. Single unit coin laundry on site. Management couple lives on site with reduced rent $575. Excellent investment!
Location
State IL
County Lake
Area Fox Lake
Zoning MULTI
Interior
Cooling Window Unit(s)
Fireplace N
Exterior
Roof Type Composition
Building
Level or Stories 1
Structure Type Brick
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Bought with Melissa Rigoni • Baird & Warner
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "