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35150 N Gilmer Road

Volo, Illinois 60073


Irene Haddad
312.506.0200

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$179,250


Property Type
Multiple Family
Neighborhood
Volo


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
Pool: No
Square Feet: N/A
Tax Amount: $16,104
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
Taxes: $16,104

Listing Office: Realty Executives Cornerstone

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Volo

The Village of Volo, originally named Forksville, was thriving for more than a century before it reached a fork in the road: Either incorporate or risk being consumed by surrounding villages. Volo incorporated in 1993 to protect its way of…

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Nearby Public Transportation

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35150 N Gilmer Road Volo, Illinois 60073 is a multiple family property, which sold for $179,250. Want to learn more about 35150 N Gilmer Road Volo, Illinois 60073? Contact an @properties agent to request more info.


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