40523 N IL Route 83 Active

Antioch,IL 60002

$ 587000

- Bed

0 Bath

4350 SqFt


Key Details

Property Type Multi-Family

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

Maintenance Fees $325

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

Area Antioch

Interior

Cooling Window Unit(s)

Fireplaces Number 2

Fireplace Y

Building

Dwelling Type Multi Family 5+

Level or Stories 2

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