Zion, IL 60099,4101 DOUGLAS DR
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Zion, IL 60099,4101 DOUGLAS DR
Zion, IL 60099,4101 DOUGLAS DR
Zion, IL 60099,4101 DOUGLAS DR
Zion, IL 60099,4101 DOUGLAS DR

$590,000

Est. payment /mo

$654,900

9.9%
Est.Price: ?

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4101 DOUGLAS DR Zion, IL 60099

8 Beds

8 Baths

25.25 Acres Lot

SOLD DATE : 07/11/2024

Key Details

Sold Price $590,000

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 12053717

Sold Date 07/11/24

Bedrooms 8

Year Built 1985

Annual Tax Amount $11,123

Tax Year 2022

Lot Size 25.250 Acres

Lot Dimensions 11000

Property 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.

Location

State IL

County Lake

Area Zion

Rooms

Basement None

Interior

Heating Electric, Baseboard

Equipment Water Heater-Electric

Fireplace N

Exterior

Exterior Feature Patio, Storms/Screens

Community Features Curbs, Sidewalks, Street Lights, Street Paved

Roof Type Asphalt

Building

Sewer Public Sewer

Water Public

New Construction false

Schools

School District 3 , 3, 126

Others

Ownership Fee Simple

Special Listing Condition None

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Midwest Real Estate Data (MRED) IDX
Listed by Mike Najarian • NCL Realty, INC.
Bought with Amy Kite • Keller Williams Infinity

Craig Hogan

+1(773) 742-5929

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