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$ 1,950,000
Est. payment /mo
Active Under Contract
2909 Willow Lane Zion, IL 60099
1.97 Acres Lot
UPDATED:
12/19/2024 04:48 PM
Key Details
Property Type Commercial
Sub Type Multi Family 5+
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID 12149941
Year Built 2004
Annual Tax Amount $35,045
Tax Year 2023
Lot Size 1.970 Acres
Lot Dimensions 85,813
Property Description
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 10 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.
Location
State IL
County Lake
Zoning MULTI
Interior
Cooling Window Unit(s)
Fireplace N
Exterior
Utilities Available Water-Municipal
View Y/N true
Roof Type Composition
Building
Foundation Concrete Perimeter
Structure Type Brick,Other
© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Robb Satten • Real Broker, LLC