4101 Douglas Drive, Zion, Illinois 60099
$590,000
|
Sold
|
|
| Status: | Closed |
| Sqft: | 0 |
| Cost/Sqft: | — |
| Beds: | 8 |
| Baths: | 0 |
| Year Built: | 1985 |
| Property Taxes: | $11,124 |
| Days On Market: | 505 |
| Lot Size: | 25,25 |
Description
LARGE 4 UNIT BUILDING IN A GREAT FAR NORTH SIDE ZION LOCATION BY LORELIE AND 9TH ST. FOUR IDENTICAL 2 STORY UNITS, 2 BEDROOMS EACH, 1/2 BATHROOM ON MAIN LEVEL AND A FULL HALL BATHROOM UPSTAIRS. EACH UNIT HAS ITS OWN PRIVATE CONCRETE PATIO WITH 2 SLIDING GLASS DOORS AND LARGE BACKYARD. EACH UNIT HAS ITS OWN PRIVATE IN-UNIT LAUNDRY ROOM ON THE MAIN LEVEL. MASTER BEDROOMS HAVE WALK-IN CLOSETS AND A SINK WITH A MIRROR AREA. BRAND-NEW (MARCH 2024) ROOF AND SECOND FLOOR VINYL SIDING. UPPER-LEVEL SLIDING GLASS DOOR RAILS REPLACED (2024). WINDOWS AND PATIO DOORS REPLACED (2009). CONCRETE PARKING LOT WITH 8 PARKING SPACES. ONE UNIT HAS A BRAND-NEW KITCHEN, WHITE SHAKER CABINETS, GRANITE COUNTERTOPS, SINK, FAUCET, STAINLESS STEEL APPLIANCES WITH A HIGH-END STOVE AND BUILT IN MICROWAVE. NEW BATHROOM VANITIES, NEW VINYL FLOORING ON MAIN LEVEL, NEW PAINT. ALL THE KITCHENS HAVE ISLANDS. OTHER UNITS ARE IN GOOD CONDITION. TENANTS PAY FOR ALL UTILITIES, SEPARATE WATER METERS AND ELECTRIC METERS, WATER HEATERS, TENANTS ALSO PAY FOR GARBAGE PICK-UP. BEACH PARK SCHOOLS! CLOSE TO THE BIG SUPER WAL MART ON 173, I-94, GURNEE MILLS MALL, SIX-FLAGS GREAT AMERICA, KENOSHA PREMIUM OUTLET MALL, ETC. HIGH INCOME AND LOW EXPENSES MAKES THIS A GREAT CASH COW INVESTMENT. POTENTIAL GROSS INCOME IS $66,000 A YEAR, LANDLORD ONLY PAYS FOR TAXES $11,123, LANDSCAPING $1,200 PER YEAR AND INSURANCE $2,200 PER YEAR, APPROX EXPENSES AT $15,000 A YEAR, NET INCOME PROFIT OF $51,000 MAKES THIS 7.8 % RETURN ON YOUR INVESTMENT.
Property Specifics
| Multi-unit | |
| — | |
| — | |
| 1985 | |
| — | |
| — | |
| No | |
| 25.25 |
| Lake | |
| — | |
| — / — | |
| — | |
| — | |
| — | |
| 12053717 | |
| 04074040050000 |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| 8 May, 2009 | Sold | $155,000 | MRED MLS |
| 3 Apr, 2009 | Under contract | $153,000 | MRED MLS |
| 17 Mar, 2009 | Listed for sale | $153,000 | MRED MLS |
| 11 Jul, 2024 | Sold | $590,000 | MRED MLS |
| 11 May, 2024 | Under contract | $654,900 | MRED MLS |
| 11 May, 2024 | Listed for sale | $654,900 | MRED MLS |
Room Specifics
Total Bedrooms: 8
Bedrooms Above Ground: 8
Bedrooms Below Ground: 0
Dimensions: —
Floor Type: —
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Dimensions: —
Floor Type: —
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Floor Type: —
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Full Bathrooms: 8
Bathroom Amenities: Soaking Tub
Bathroom in Basement: 0
Rooms: —
Basement Description: Slab
Other Specifics
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| 11000 | |
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| Not in DB | |
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Tax History
| Year | Property Taxes |
|---|---|
| 2009 | $10,356 |
| 2024 | $11,124 |
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Listing Provided By
NCL Realty, INC.
