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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
Sold Date 07/16/19
Bedrooms 5
Year Built 1927
Annual Tax Amount $2,993
Tax Year 2017
Lot Dimensions 66 X 150
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
Rooms
Basement Full
Interior
Heating Natural Gas
Fireplace N
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
Ownership Fee Simple
Special Listing Condition None
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Bought with Elizabeth Lita of Parkvue
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