Antioch, IL 60002 40523 N IL Route 83

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Presented By: @properties Christie's International Real Estate
  • MLS# 12097989
  • 08/12/2024
Disclaimer: The information contained in this listing has not been verified by Worth Clark Realty and should be verified by the buyer.
  • Beds • 6
  • SQFT • 4,350

Home Details

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!
Presented By: @properties Christie's International Real Estate

Interior Features for 40523 N IL Route 83

Other Interior Features

BasementUnfinished
Total Fireplaces2

General for 40523 N IL Route 83

Additional Parcels Y/NNo
CityAntioch
CoolingWindow Unit(s)
CountyLake
Days on Market32
DirectionsRoute 83 N from Grass Lake Road. Property located on Right
Electric Expense149
Fuel Expense149
Gross Income65820
Insurance Expense266
Lot Size Square Feet27852
MLS AreaAntioch
MaintenanceExpense325
Net Operating Income26295
NumberOfUnitsTotal5
Operating Expense23229
PossessionClosing
Property TypeCommercial Sale
Property TypeMulti Family 5+
Standard StatusActive
StatusActive
Stories2
Tax Annual Amount9939
Tax Year2023
Tenant PaysVaries by Tenant
TownshipAntioch
Trash Expense275
Water Sewer Expense0
Year Built1840

Exterior for 40523 N IL Route 83

Building Area Total4350
Frontage TypeState Road
Lot Dimensions226X120X237X120
Lot Size Acres0.64

Additional Details

Price History

Worth Clark

Price $600,000
MLS#12097989
List Date 08/12/2024
Property Type Multi-Family
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