Property Map
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Courtesy of RE/MAX Plaza {attribution_contact}
Description
This opportunity presents an excellent chance to generate substantial rental income. The property comprises five rental units spread across two separate houses, as well as a spacious 24 x 40 garage, all situated on a one-acre wooded lot. The first building underwent reconstruction in the early 2000s and now features two units, each boasting two bedrooms and a full bathroom, as well as a full basement. Each units is on seperate utilities The second building contains three units: the first unit consists of two bedrooms with a full bathroom, the second unit is a studio with a full bathroom, and the third upper unit offers two bedrooms with a full bathroom. Notably, the detached garage also serves as a source of rental income.
Property Details and Features
Basement
- “Full”
- Cellar
Bathrooms
- 5 full bathrooms
Bedrooms
- 4 bedrooms total
Building
- Area: 3000
- Built in 1948
- Rebuilt: No
Cooling
- “None”
Accessibility Features
- No
Heating
- “Natural Gas”
Home Owner’s Association
- Dues include: “None”
Listing
- 8 days on market
- Listing Price: $450,000
- Status: Active
- Ownership: Fee Simple
Location
- Area: Richmond
- County: McHenry
Lot
- Features: “Wooded”
- Dimensions: 165 X 264
Parking
- Parking included in price
- Parking Total: 10
- Parking Onsite: Yes
Schools
- Elementary: Richmond-Burton Community High S
- Middle/Junior High: Richmond-Burton Community High S
- High School: Richmond-Burton Community High S
Sewer
- “Septic-Private”
Utilities
- Water Source: “Private Well”
Taxes
- Annual Taxes: $7,366
- Year: 2023
- Exemptions: None
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