40523 N Il Route 83 - Apartments FOR SALE


Antioch, IL 60002
$587,000 USD
847-293-4782

NO PHOTO

$587,000 USD
Apartments - FOR SALE
null | Request Cap Rate

40523 N Il Route 83
Antioch, IL 60002


HIGHLIGHTS

  • Offers full lake rights.

OVERVIEW

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!

FOR SALE DETAILS

PRICE

$587,000 USD

PRICE/SF

$135 USD /SF

# OF UNITS

5

PRICE/UNIT

$117,400

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1840

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.64 AC

LAND SF

27,946 SF

ZONING

-

APN/PARCEL ID

02-20-209-001

ASK ABOUT THIS PROPERTY

Amber Cawley@PropertiesMore Info
847-293-4782

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Amber Cawley@PropertiesMore Info
847-293-4782

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.