Zion, IL 60099 2909 Willow Lane

2909 Willow Lane Zion, IL - Image 12909 Willow Lane Zion, IL - Image 22909 Willow Lane Zion, IL - Image 3
14 more
2909 Willow Lane Zion, IL - Image 42909 Willow Lane Zion, IL - Image 52909 Willow Lane Zion, IL - Image 62909 Willow Lane Zion, IL - Image 72909 Willow Lane Zion, IL - Image 82909 Willow Lane Zion, IL - Image 92909 Willow Lane Zion, IL - Image 102909 Willow Lane Zion, IL - Image 112909 Willow Lane Zion, IL - Image 122909 Willow Lane Zion, IL - Image 132909 Willow Lane Zion, IL - Image 142909 Willow Lane Zion, IL - Image 152909 Willow Lane Zion, IL - Image 162909 Willow Lane Zion, IL - Image 172909 Willow Lane Zion, IL - Image 18
Presented By: Real Broker, LLC
  • MLS# 12149941
  • 08/23/2024
Disclaimer: The information contained in this listing has not been verified by Worth Clark Realty and should be verified by the buyer.
  • Beds • 2

Home Details

Balance of Rents are under market. There's huge potential for a savvy investor. Exciting investment opportunity. This 16-unit multifamily property, situated on 2 acres, offers an exciting investment opportunity. Comprising two 8-unit buildings, each featuring 2-bed/1-bath units, the property is fully occupied with consistently paid rents. Key features include 36 parking spaces, tenant-paid electric, owner-covered water, sewer, and trash, in-unit amenities such as living and dining rooms, on-site laundry facilities. The buildings are both protected with a fire prevention sprinkler system as well. newly constructed handicap ramps, and substantial recent upgrades to 8 units. With a solid rental history and ongoing improvements, this property is a strong investment. Contact us for more details or to schedule a viewing.
Presented By: Real Broker, LLC

Interior Features for 2909 Willow Lane

Other Interior Features

BasementPartially Finished

General for 2909 Willow Lane

Additional Parcels Y/NNo
CityZion
Construction MaterialsBrick, Other
CoolingWindow Unit(s)
CountyLake
Days on Market35
DirectionsWest Bethlehem Ave. to North Lewis Ave. to East Willow Ln. to 2909 W.
ElectricCircuit Breakers, Service - 101 to 200 Amps
Electric Expense5771
Fuel Expense
Gross Income214633
Insurance Expense7747
MLS AreaZion
MaintenanceExpense12619
Net Operating Income125926
NumberOfUnitsTotal16
Operating Expense88707
PossessionClosing
Property TypeCommercial Sale
Property TypeMulti Family 5+
RoofComposition
Standard StatusActive
StatusActive
Stories2
Tax Annual Amount35045
Tax Year2023
Tenant PaysAir Conditioning, Electricity, Heat
TownshipZion
Trash Expense4130
UtilitiesWater-Municipal
Water Sewer Expense10973
Year Built2004
ZoningMULTI

Exterior for 2909 Willow Lane

ExteriorAluminum Siding, Brick
Foundation DetailsConcrete Perimeter
Lot Dimensions85, 813
Lot Size Acres1.97

Additional Details

Price History

Worth Clark

Price $1,950,000
MLS#12149941
List Date 08/23/2024
Property Type Multi-Family
Phone
Get pre-approved
Request Tour
Request Info
Visit My Website

Similar Properties to 2909 Willow Lane