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Key Details
Sold Price $112,500
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 10370053
Bedrooms 5
Year Built 1927
Annual Tax Amount $2,993
Tax Year 2017
Property Sub-Type Two to Four Units
Property Description
All the heavy lifting has been done including roof ('14), plumbing, electrical, attic insulation, newer radiators & overhauled boiler (all in '12). Located on a lovely tree lined street, this solid block 2-flat is perfect for an owner occupant or investor. While currently vacant; as of '17-'18 this 2-Flat was bringing in $2600 per month in rental income!! With 20%++ CAP RATE potential, it's a no brainer! 1st floor is nearly 1300 sq ft featuring 3 beds/1 bath (HW under carpet). The 2nd floor offers 2 HUGE beds/ 1 bath. Full unfinished basement w/ laundry hook-ups & so many possibilities. HUGE 66' lot w/ parking for 4 cars. 1 block from the Metra straight to Chicago, a block-and-a-half from beachfront access to Lake Michigan, 2 blocks from Great Lakes Naval Base, 1 block from Abbott Labs & Sheridan Rd. Sold AS-IS, NOT a Short Sale or Foreclosure. North Chicago inspection complete & approved minus 2 fire-rated doors which will be responsibility of the buyer. Seller can close in 1 week!
Location
State IL
County Lake
Area North Chicago
Zoning MULTI
Interior
Heating Natural Gas
Exterior
Community Features Sidewalks, Street Lights, Street Paved
Roof Type Asphalt
Building
Sewer Public Sewer
Water Lake Michigan
New Construction false
Schools
School District 187 , 187, 187
Others
Special Listing Condition None
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Bought with Elizabeth Lita of Parkvue