$1,725,000
$1,950,000
11.5%For more information regarding the value of a property, please contact us for a free consultation.
2909 Willow LN Zion, IL 60099
1.97 Acres Lot
Key Details
Sold Price $1,725,000
Property Type Multi-Family
Sub Type Multi Family 5+
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 12149941
Sold Date 03/21/25
Maintenance Fees $12,619
Year Built 2004
Annual Tax Amount $35,045
Tax Year 2023
Lot Size 1.970 Acres
Lot Dimensions 85,813
Property Sub-Type Multi Family 5+
Property Description
Balance of Rents are under market. There's huge potential for a savvy investor. Exciting investment opportunity. This 16-unit multifamily property, situated on 2 acres, offers an exciting investment opportunity. Comprising two 8-unit buildings, each featuring 2-bed/1-bath units, the property is fully occupied with consistently paid rents. Key features include 36 parking spaces, tenant-paid electric, owner-covered water, sewer, and trash, in-unit amenities such as living and dining rooms, on-site laundry facilities. The buildings are both protected with a fire prevention sprinkler system as well. newly constructed handicap ramps, and substantial recent upgrades to 10 units. With a solid rental history and ongoing improvements, this property is a strong investment. Contact us for more details or to schedule a viewing.
Location
State IL
County Lake
Area Zion
Zoning MULTI
Interior
Cooling Window Unit(s)
Fireplace N
Exterior
Utilities Available Water-Municipal
Roof Type Composition
Building
Level or Stories 2
Structure Type Brick,Other
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© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Bought with Robb Satten • Real Broker, LLC