Zoning: R3 INVESTMENT OPPORTUNITY | 4-UNIT MULTI-FAMILY Strong cash flow investment! 4-unit, 8-bedroom property offering an excellent cap rate potential at $365,999. It will need some renovations, but the units can generate immediate revenue-perfect for investor-operators seeking strong returns. - Currently: 4 separate rental units for diversified income, - Solid building structure ready for improvements - Revenue during renovation phases with occupied units - R3 zoning, excellent location near Lake Michigan All measurements approximate. Verify details during due diligence.
| MLS # | 12703848 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active Under Contract |
| Year | 1932 |
| Days On Site | 58 |
| Listing Provided By | Real People Realty | Irma Hernandez |
| Bed(s) | 8 |
|---|---|
| Bath(s) | 4 |
| Zoning | SINGL |
| Rooms Total | 12 |
|---|---|
| Heating | Natural Gas |
| Roof | Asphalt |
|---|---|
| Foundation Details | Concrete Perimeter |
| Construction Materials | Vinyl Siding |
| Parking Features | Unassigned, Yes, Owned |
|---|
| Sewer | Public Sewer |
|---|
| Tax Year | 2024 |
|---|---|
| Tax Annual Amount | 9740 |
| State | IL |
|---|---|
| County | Lake |
| City | North Chicago |
| Zip Code | 60064 |
| Area | North Chicago |
| Listing VS Median (in 60064) | |
Price: $365,999 low | high Med: $229,950 On site: 58 low | high Med: 52.5 | |
| State | IL |
|---|---|
| County | Lake |
| City | North Chicago |
| Zip Code | 60064 |
| Area | North Chicago |
| Listing VS Median (in 60064) | |
Price: $365,999 low | high Med: $229,950 On site: 58 low | high Med: 52.5 | |