40523 N Il Route 83

Antioch, IL 60002
  • $525,000

    Price
  • 0

    Bed
  • 0

    Bath
  • 4,350

    SqFt

About the Listing 21732 - 248113,219764

Now available-an incredible opportunity for Investors or Owner-Occupants to own a fully occupied 5-Unit Multi-Family Rental Property in Unincorporated Lake County offering both income stability and lifestyle appeal. Set on a beautiful, wooded, and partially fenced lot with full lake rights 60 feet deep, this property combines privacy, convenience, and charm. The units include a 2-bedroom garden apartment with private walkout entrance, a spacious 3-bedroom residence, a 1-bedroom with a private deck, a 2-bedroom with deck, and a large 1-bedroom featuring a fireplace, skylights, and vaulted ceilings. Tenants benefit from an on-site laundry facility, with select apartments offering in-unit laundry for added comfort and convenience. Located just off Route 83, the property offers ample parking, a dog run, and a serene setting surrounded by nature. With strong, long-term tenants and the owner currently occupying one unit, this property delivers steady income, future upside, and potential to increase the below market rents. Building is Section 8 certified. Roof shingled July 2018, Tankless water heater October 2021, Well Pump Feb 2022, Apt 4 Furnace replaced March 2022. Sold AS-IS.

Listing Highlights

Status Active
Days on Site -1
Property Type Multi-Family
MLS ® 12512060
Year Built 1840
Total Square Footage 4,350
Lot/Acreage 0.64
County Lake

Interior Details

  • Bedrooms: 0
  • Bathrooms: 0 Full
  • Appliances:
  • Air Cond: Window Unit(s)
  • Heating: Forced Air,Gas
  • Fireplaces: 2
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement: Unfinished
  • Other:
  • Water: Well

Exterior Details

  • Garage Capacity: N/A
  • Lot Dimensions: 226X120X237X120
  • Roof:
  • Others:
  • Sewer: Septic Tank

Financial Details

  • Tax Amount: $14,532
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 02202090010000
  • Tax Year: 2024

Payment Calculator

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Questions About..

40523 N Il Route 83 Antioch, IL 60002

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Originating MLS: mred

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