4101 Douglas Drive
Zion, Illinois 60099

Closed / MLS #12053717 / Multiple Unit (2-4) / Zion
Listing information updated 7/11/2024 at 2:03pm
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.

Listing Office: NCL Realty, INC.

Listing Office Phone: 847.401.3700

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4101 Douglas Drive is a multiple unit (2-4) which sold for $590,000. 4101 Douglas Drive features 8 Beds, 4 Baths, 4 Half Baths. This multiple unit (2-4) has been listed on @properties since May 11th, 2024 and was built in 1985.