Address
2909 Willow Lane Zion, IL
Price
$ 1,350,000
Property Attributes
  • MLS#10761895
  • TypeMulti-Family
  • CountyLAKE
  • CityZion
  • AreaZion
  • Zip60099
  • Style
  • Year Built2004
  • Taxes35061
  • Price$ 1,350,000
  • Bedrooms2
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size1.97 Acres
Listing Provided Courtesy Of:
@properties
Property Description

Amazing MultiFamily Investment opportunity with an 8 CAP! 16 units on 2 Acres of land. Historic 100% occupancy! All rents are paid every month. Two (8) unit buildings. All units are 2 BED/1 BATH. All Units consist of Living Room, Dining Room, Kitchen, 2 Beds & 1 Bath. Tenants pay electric. Owner pays water/sewer & trash. Each building has (3) washing machines & (3) dryers, as well as ample storage for tenants. The buildings are both protected with a fire prevention sprinkler system as well. Each building has newly constructed handicap ramps! 36 parking spaces. Current owner has made substantial investments to the property including: entirely new plumbing, flood prevention system, fire system, paint, flooring, windows, doors, garbage stall, landscaping, and updating throughout the entire property. There is also the option to build Additional property on the land! Great investment opportunity for the savvy investor.

Price History
6/26/2020 Listed $1,500,000
7/20/2020 10% - $1,350,000

General Features

Age 16-25 Years
Built Before 1978 No
Electric Expense 5771
Financing Options Conventional, VA, Cash Only, Other
Multi-Family Type Corridor-Interior Entrance
Other Expenses 460
Ownership Type Corporation
Status Active
Tax Year 2019
Taxes 35061
Total Annual Income 193060
Total Units 16
Year Built 2004
Zoning MULTI

Interior Features

Air Conditioning Window Unit/s
Basement Description Partially Finished
Board Number 2
Dryer(s) 6
Fire Protection Fire Extinguisher/s, Smoke or Fire Protectors, Sprinklers-Wet, Sprinklers, Carbon Monoxide Detector(s)
Ranges 16
Refrigerators 32
Total Monthly Income 16000
Total Stories 2
Unit Type 1 Rooms 4
Utilities Water-Municipal

Exterior Features

Acreage 1.97
Exterior Building Type Aluminum Siding, Brick
Foundation Details Concrete
Land Amenities Curbs and Gutters, Lighting/Exterior, Other, Cable Ready
Lot Dimensions 85, 813
Number of Parking Spaces 32
Window A/C Units 32

Room Details

Room Dimensions Level Flooring Details
Dining Room
Family Room
Living Room
Master Bedroom

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 60099

Price
AVG $270K
$1.35M
Taxes
AVG $8,957
$35,061
Visits
AVG 22
30
Year Built
AVG 1953
2004
Walkscore
AVG 48
39
Data Provided by Walkscore ® not using MLS data

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