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$ 1,950,000

Est. payment -/mo

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2909 Willow LN Zion, IL 60099

1.97 Acres Lot

UPDATED:

10/17/2024 07:31 PM

Key Details

Property Type Multi-Family

Sub Type Multi Family 5+

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12149941

Maintenance Fees $12,619

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

Area Zion

Zoning MULTI

Interior

Cooling Window Unit(s)

Fireplace N

Exterior

Utilities Available Water-Municipal

Roof Type Composition

Building

Dwelling Type Multi Family 5+

Level or Stories 2

Structure Type Brick,Other

Listed by Robb Satten • Real Broker, LLC

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