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.
Full Features
Exterior Type:
Aluminum Siding,Brick
Basement:
Partially Finished
Square Feet:
N/A
Acreage:
1.97
Built:
2004
Parking Spaces:
32
Cooling System:
Window Unit/s
Stories:
2
Roof:
Shingle Composition
Zoning:
MULTI
Current Net Income:
$125,803
Unit 1:
4 room(s) / 2 bed(s) / 1 bath(s)
Taxes & Assessments
Tax Amount:
$35,061
Tax Year:
N/A
Location
Zip Code:
60099
City:
Zion
County:
Lake
Disclaimer: The accuracy of all information regardless of source, including but not limited to square
footage and lot size, is deemed reliable but not guaranteed nor warranted and should be
personally verified through personal inspection by and/or with the appropriate professionals.
$199,432
Average Sale Price
60
Average Days On The Market
97%
Sales Prices VS. List Price
Data represents the community area’s
average over the past 12 months. All
information deemed reliable, but not
guaranteed.
2909 Willow Lane is a multiple family which sold for $1,050,000. This multiple family has been listed on @properties since June 26th, 2020 and was built in 2004.
@properties Christie’s International Real Estate, the @properties Christie’s International Real Estate’s logo, and other various trademarks, logos, designs, and slogans herein are the registered and unregistered trademarks of At World Properties, LLC d/b/a @properties Christie’s International Real Estate.
Because At World Properties, LLC d/b/a @properties Christie’s International Real Estate and/or its owners have an interest in Proper Title, LLC, Proper Rate, LLC, Christie’s International Real Estate, LLC, and Suburban Jungle, LLC, a referral to any of these entities may provide @properties Christie’s International Real Estate with a financial or other benefit. Working with @properties does not require you to use the services of any of these entities.
