Property for Sale: 40523 N IL Route 83, Antioch, IL 60002

$587,000
$587,000
40523 N IL Route 83, Antioch, IL 60002
$587,000
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Price:
$587,000
$13,000 - 12/09/2024

Type Commercial
Lot Size 0.64 acres
Year Built 1840

City Antioch
County Lake

MLS 12097989
Status Active
5-Unit Multi-Family Rental Property with Full Lake Rights in Unincorporated Lake County. Discover this unique investment opportunity nestled on a large, wooded lot offering full lake rights in serene unincorporated Lake County. This 5-unit multi-family property boasts an excellent tenant retention rate, ensuring consistent income. Amenities include on-site complimentary laundry facilities, with select units featuring in-unit laundry for added convenience. The property offers a welcoming environment, with the added option of a partially fenced yard area for pets . The units include: 2-bedroom garden apartment with a walkout, Spacious 1-bedroom unit with a deck, 3-bedroom unit, 2-bedroom unit with deck and a large 1-bedroom unit with, fireplace, skylights and vaulted ceilings. This property provides significant potential for growth. Whether you are looking to add to your investment portfolio or seeking a property with development possibilities, this multi-family rental is an exceptional find. Don't miss out on the chance to own this remarkable property with full lake rights!

Room Features

Basement Description Unfinished

Virtual Tours for 40523 IL Route 83 Antioch, IL

Lot & Building Features

Cooling Window Unit(s)
Tax Year 2023
Fireplaces 2
Lot Dimensions 226X120X237X120 ft

Price History of 40523 IL Route 83, Antioch, IL

Date Name Price Difference
12/09/2024 Price Adjustment $587,000 2.17%
12/31/1969 Listing Price $600,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.
Photo of Peggie Grossman
Direct: 773-273-0050
Office
3580 W 95th Street
Evergreen Park, IL 60805
708-422-0011
Listed by @properties Christie's International Real Estate, Amber Cawley
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6.75%
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40523 IL Route 83 (MLS #12097989) is a commercial listing located in Antioch, IL. This is a commercial listing with a lot of 27,878 sqft (or 0.64 acres). This property was listed on 08/12/2024 and has been priced for sale at $587,000.

Nearby zip codes are 53104, 53179, 60031, 60046 and 60073. This property neighbors other cities such as Bristol, Lake Villa, Lindenhurst, Round Lake Beach and Waukegan.

Midwest Real Estate Data

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: @properties Christie's International Real Estate