4101 Douglas Drive Zion, IL 60099
LARGE 4 UNIT BUILDING IN A GREAT FAR NORTH SIDE ZION LOCATION BY LORELIE AND 9TH ST. FOUR IDENTICAL 2 STORY UNITS, 2 BEDROOMS EACH, 1/2 BATHROOM ON MAIN LEVEL AND A FULL HALL BATHROOM UPSTAIRS. EACH UNIT HAS ITS OWN PRIVATE CONCRETE PATIO WITH 2 SLIDING GLASS DOORS AND LARGE BACKYARD. EACH UNIT HAS ITS OWN PRIVATE IN-UNIT LAUNDRY ROOM ON THE MAIN LEVEL. MASTER BEDROOMS HAVE WALK-IN CLOSETS AND A SINK WITH A MIRROR AREA. BRAND-NEW (MARCH 2024) ROOF AND SECOND FLOOR VINYL SIDING. UPPER-LEVEL SLIDING GLASS DOOR RAILS REPLACED (2024). WINDOWS AND PATIO DOORS REPLACED (2009). CONCRETE PARKING LOT WITH 8 PARKING SPACES. ONE UNIT HAS A BRAND-NEW KITCHEN, WHITE SHAKER CABINETS, GRANITE COUNTERTOPS, SINK, FAUCET, STAINLESS STEEL APPLIANCES WITH A HIGH-END STOVE AND BUILT IN MICROWAVE. NEW BATHROOM VANITIES, NEW VINYL FLOORING ON MAIN LEVEL, NEW PAINT. ALL THE KITCHENS HAVE ISLANDS. OTHER UNITS ARE IN GOOD CONDITION. TENANTS PAY FOR ALL UTILITIES, SEPARATE WATER METERS AND ELECTRIC METERS, WATER HEATERS, TENANTS ALSO PAY FOR GARBAGE PICK-UP. BEACH PARK SCHOOLS! CLOSE TO THE BIG SUPER WAL MART ON 173, I-94, GURNEE MILLS MALL, SIX-FLAGS GREAT AMERICA, KENOSHA PREMIUM OUTLET MALL, ETC. HIGH INCOME AND LOW EXPENSES MAKES THIS A GREAT CASH COW INVESTMENT. POTENTIAL GROSS INCOME IS $66, 000 A YEAR, LANDLORD ONLY PAYS FOR TAXES $11, 123, LANDSCAPING $1, 200 PER YEAR AND INSURANCE $2, 200 PER YEAR, APPROX EXPENSES AT $15, 000 A YEAR, NET INCOME PROFIT OF $51, 000 MAKES THIS 7.8 % RETURN ON YOUR INVESTMENT.
- Property TypeMulti-Family
- NeighborhoodN/A
- CountyLake
- Taxes$11,123
- HOA/Condo/Coop Fees$0
- Days on Site29 Days
- MLS StatusActive Under Contract
- MLS ID Number12053717
- Home Size Source N/A
- Year Built1985
- Lot Size25.25 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Parking Parking Lot
- Parking Spaces 8
- Sewer Public Sewer
- Basement None
- Acreage 25.25
- Water Public
- Property Sub Type Multi Family
- Foundation Concrete Perimeter
- General Information None
- Rooms Total 20
- Lot Size .25-.49 Acre
- Parking Total 8
Interior Features
- Heating ElectricBaseboard
- Bathroom Soaking Tub
Exterior Features
- Roof Asphalt
- Waterfront Property No
- Exterior PatioStorms/ ScreensStorms/Screens
Community Features
- Township Zion
- Community Features CurbsSidewalksStreet LightsStreet Paved
- MLS Area Zion