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Key Details
Sold Price $153,000
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 12085529
Sold Date 08/29/24
Bedrooms 6
Year Built 1870
Annual Tax Amount $2,796
Tax Year 2023
Lot Size 1.000 Acres
Lot Dimensions 165X264
Property Description
Charming 4-Unit Investment Property in Zion, IL! Discover an exciting investment opportunity in the heart of unincorporated Zion, IL! This four-unit property offers immense potential for savvy investors and owner occupants that are looking for additional cash flow. Maybe even Airbnb a unit or two. With a mix of two 1-bedroom, 1-bath units and two 2-bedroom, 1-bath units-one of which boasts an additional loft-this property is ripe for renovation and ready for some TLC. All apartments are currently vacant and ready for renovations, allowing you to customize each unit to maximize rental your income. ALSO: The property is being sold with an adjacent lot that's approximately 60'x260', increasing the total lot size to one acre! This expansive space offers additional possibilities for development, landscaping, or creating common areas for tenants. Nestled on an expansive lot with mature trees and close to the interstate, your tenants will enjoy popular area attractions such as Gurnee Mills, Six Flags Great America and the Bristol Renaissance Faire. The property is also in close proximity to Kenosha, WI w/ shopping and the Kenosha Industrial area where plenty of renters are working. The expansive three car garage has plenty of room for vehicles and includes a back room that runs the length of the garage and may be used to generate additional rental income from either a residential or commercial tenant. Don't miss this opportunity to capitalize on the growing demand for rental housing for years to come. With some renovations, 14959 W Russell Rd can truly become a premier rental property for your portfolio.
Location
State IL
County Lake
Rooms
Basement None
Interior
Heating Natural Gas
Fireplace N
Exterior
Garage Detached
Garage Spaces 3.0
Waterfront false
View Y/N true
Building
Sewer Septic-Private
Water Private Well
New Construction false
Schools
School District 3, 3, 126
Others
Ownership Fee Simple
Special Listing Condition None
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© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Bought with Elise Livingston • RE/MAX Plaza
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Designated Managing Broker | Owner | 471.018027 471018027
+1(708) 226-4848 | joanna@boutiquehomerealty.com