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$ 450,000

Est. payment -/mo

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Active

8305 N Solon RD Richmond, IL 60071

4 Beds

5 Baths

3,000 SqFt

UPDATED:

08/26/2024 08:00 AM

Key Details

Property Type Single Family Home

Sub Type Detached Single

Listing Status Active

Purchase Type For Sale

Square Footage 3,000 sqft

Price per Sqft $150

MLS Listing ID 12141802

Bedrooms 4

Full Baths 5

Year Built 1948

Annual Tax Amount $7,366

Tax Year 2023

Lot Dimensions 165 X 264

Property Description

This opportunity presents an excellent chance to generate substantial rental income. The property comprises five rental units spread across two separate houses, as well as a spacious 24 x 40 garage, all situated on a one-acre wooded lot. The first building underwent reconstruction in the early 2000s and now features two units, each boasting two bedrooms and a full bathroom, as well as a full basement. Each units is on seperate utilities The second building contains three units: the first unit consists of two bedrooms with a full bathroom, the second unit is a studio with a full bathroom, and the third upper unit offers two bedrooms with a full bathroom. Notably, the detached garage also serves as a source of rental income.

Location

State IL

County Mchenry

Area Richmond

Rooms

Basement Full

Interior

Heating Natural Gas

Cooling None

Fireplace N

Exterior

Waterfront false

Building

Lot Description Wooded

Dwelling Type Detached Single

Sewer Septic-Private

Water Private Well

New Construction false

Schools

Elementary Schools Richmond-Burton Community High S

Middle Schools Richmond-Burton Community High S

High Schools Richmond-Burton Community High S

School District 157 , 157, 157

Others

HOA Fee Include None

Ownership Fee Simple

Special Listing Condition List Broker Must Accompany

Listed by Russell Hart • RE/MAX Plaza

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