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$179,250
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35150 N Gilmer Road

VOLO, Illinois 60073
Closed / MLS #9019000 / Multiple Family / Volo
Listing information updated 6/19/2016 at 1:20am
Loads of potential and opportunity here!!! A total of 7 units in four separate buildings on 2.25 acres with all the units fully rented. Commercial building has been converted to a 2 flat, Victorian bldg is currently a 3 flat, and there are 2 single family homes. All these buildings are on one property with 1 tax id number. Property has a mixed use zoning which allows for commercial/retail/professional service options in addition to the multi-family already on the premises. Live in one of the single family homes and run your business out of the commercial bldg, while collecting rent from the other units...sweet!!! Buildings will need some work/updating and are being sold as is, but once work is completed, rents can easily be increased!!! All leases are months to month, so can redo one unit at a time or as needed, while still collecting rents from other units. Close proximity to Route 120 and Route 12 so major roads are a stones throw away.

Full Features

Exterior Type:
Frame,Other
Basement:
Unfinished,Exterior Access
Square Feet:
N/A
Acreage:
2.25
Built:
1900
Parking Spaces:
12
Cooling System:
None
Stories:
2
Roof:
Shingle Composition,Membrane
Current Use:
Legal Non Conforming, Residential-Multi-Family
Potential Use:
Commercial, Office and Research, Residential-Multi-Family, Residential-Single Family, Retail
Zoning:
OTHER
Current Net Income:
$7,960
Unit 1:
3 room(s) / 1 bed(s) / 1 bath(s)
Unit 2:
4 room(s) / 2 bed(s) / 1 bath(s)
Unit 3:
3 room(s) / 1 bed(s) / 1 bath(s)
Unit 4:
4 room(s) / 2 bed(s) / 1 bath(s)
Unit 5:
4 room(s) / 2 bed(s) / 1 bath(s)
Unit 6:
4 room(s) / 2 bed(s) / 1 bath(s)
Unit 7:
4 room(s) / 2 bed(s) / 1 bath(s)

Taxes & Assessments

Tax Amount:
$16,104
Tax Year:
N/A

Location

Zip Code:
60073
City:
Volo
County:
Lake

Listing Office: Realty Executives Cornerstone

Listing Office Phone: 815.788.9000

Disclaimer: The data relating to real estate for sale on this website comes courtesy of Midwest Real Estate Data, LLC as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 6/19/2016 at 1:20am. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Volo, IL

Originally named Forksville, the Village of Volo was thriving for more than a century before it reached a fork in the road: incorporate or risk being consumed by surrounding villages. Volo chose to incorporate in 1993 to protect its way of life. Now, the village is home to several locally owned anti...
$306,454
Average Sale Price
18
Average Days On The Market
100%
Sales Prices VS. List Price
Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.
Map of 35150 N Gilmer Road, Volo, IL 60073

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35150 N Gilmer Road is a multiple family which sold for $179,250. This multiple family has been listed on @properties since August 19th, 2015 and was built in 1900.

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