Zion, IL 60099,2909 Willow LN
Zion, IL 60099,2909 Willow LN
Zion, IL 60099,2909 Willow LN
16
$1,050,000
$1,150,000
8.7%
Est.Price: ?

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1.97 Acres Lot

2909 Willow LN Zion, IL 60099

Est. payment /mo
SOLD DATE : 02/16/2021

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Key Details

Sold Price $1,050,000

Property Type Multi-Family

Sub Type Multi Family 5+

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 10761895

Maintenance Fees $2,990

Year Built 2004

Annual Tax Amount $35,061

Tax Year 2019

Lot Size 1.970 Acres

Property Sub-Type Multi Family 5+

Property Description

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.

Location

State IL

County Lake

Area Zion

Zoning MULTI

Interior

Cooling Window Unit(s)

Exterior

Utilities Available Water-Municipal

Roof Type Composition

Building

Structure Type Brick,Other

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Midwest Real Estate Data (MRED) IDX
Listed by Sean Dailey of  @properties 
Bought with Cortney Marshall of Coldwell Banker Realty

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Dennis & Karen

Dennis & Karen

Agent

+1(219) 213-3346

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