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Listed by Adrian Punzalanof Real People Realty
$425,000
Est. payment /mo
9 Beds
0.28 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12491359
Bedrooms 9
Year Built 1984
Annual Tax Amount $4,830
Tax Year 2024
Lot Size 0.280 Acres
Lot Dimensions 50 X 122 X 50 X 122
Property Sub-Type Two to Four Units
Property Description
Rare 4-unit turnkey in North Chicago - Income + Upside! Move right in or start collecting rent from day one - this well-kept, move-in ready 4unit building features all 2bed/1bath apartments, great condition and ready for tenants. Two units are vacant and primed for full market rent ($1,000-$1,100), giving you instant cash flow and upside. Projected ~9 cap rate at full occupancy with 4 units rented out at $1,000 each. Lot parking, strong finishes, and flexible use make it perfect for a investor or a house hacker wanting to live in one unit and rent the rest. Aggressively priced - don't let this rare multiunit gem slip away.
Location
State IL
County Lake
Rooms
Basement Crawl Space
Interior
Heating Natural Gas
Fireplace N
Exterior
View Y/N true
Building
Sewer Public Sewer
Water Public
Structure Type Stucco
New Construction false
Schools
School District 187, 187, 187
Others
Ownership Fee Simple
Special Listing Condition List Broker Must Accompany
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Joanna Lewkowicz
Designated Managing Broker | Owner | 471.018027 471018027
+1(708) 226-4848 | joanna@boutiquehomerealty.com