4101 DOUGLAS Drive
Zion, IL, 60099 $ 654,900
Bedrooms8 Baths8.4 Sq 4,700 Monthly Estimate*
$ 4,353
for $654,900 with 8 bedrooms and 8 full baths, 4 half baths. This 4,700 square foot home was built in 1985 on a lot size of 25.25.
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.
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FeaturesGeneralSewer Public Sewer
Heating Electric Baseboard
Possession Closing
Roof Asphalt
Exterior Features Patio Storms/Screens
Year Built 1985
Township Zion
Tax Year 2022
Percent Ownership Fee Simple
Gross Income 66000
Community Features Curbs Sidewalks Street Lights Street Paved
County Lake
Net Operating Income 51000
Insurance Expense 2200
New Construction N
Property Type Residential Income Two to Four Units
Contingency Attorney/Inspection
Total Rooms 20
Status Contingent
Directions BETWEEN GREEN BAY RD AND KENOSHA RD ON 9TH ST TO LORELEI 1 BLOCK SOUTH TO DOUGLAS
City Zion
High School District 126
MLS Area Zion
Waterfront Y/N N
Street Name DOUGLAS
Tax Annual Amount 11123.52
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Days on Market 1
Standard Status Active Under Contract
Middle/Junior School District 3
Elementary School District 3
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InteriorBasement None Slab
Street Suffix Drive
Total Bedrooms 8
Total Baths 8
Bedrooms Possible 8
Bathrooom Soaking Tub
Full Baths Building 4
Half Baths Building 4
Total Number of Units 4
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ExteriorParking Features Parking Lot
Water Source Public
Total Parking 8
Foundation Details Concrete Perimeter
Lot Dimensions 11000
Lot Size Acres 25.25
Other Equipment Water Heater-Electric
Exterior Vinyl Siding Brick
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* Excluded FeaturesAffordability Calculator
- Monthly Principal & Interest
- $4,353
- Monthly Property Taxes
- $927
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Zion, IL
Average List Price $490,758
Percent of Sale Price 25%
About Zion, IL 23,493 Population
3% Since 2002
$ 46,805 Median Income
34.16 Median Age
39% Households with Children
Trends Information provided by ATTOM Data Solutions.
564806 Elementary School
565025 Middle School
Unknown High School High School
Pricing HistoryDate | Price | Price Change | Description |
---|
5/11/2024 | $654,900 | | Listed Price |
4101 DOUGLAS Drive, Zion, IL, 60099 is a Multi-Family Home for sale at $654,900 with 4,700 sqft and a lot size of 25.25. 4101 DOUGLAS Drive has 8 bedrooms, 8.4 baths, and was built in 1985. The property's zip code is 60099 which is in Zion, IL