Corcoran Urban Real Estate
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3 Properties Within 0.5 miles of: 1224 N Cedar, New Lenox

1224 N Cedar
New Lenox, IL 60451

  • 3 Beds
Price

$230,000

Est Payment
$1,919 / month (details)  
Taxes
$7,256  
Beds
3  
Rooms
10  
Type
Two to Four Units  
Sq. Ft.
n/a  
Lot Size
275X159  
Neighborhood
New Lenox  
MLS
#11201107
Status
Sold (12/17/2021)

Property Description

2 Residential Rental Units, Garage, and Large Shed on 1.03 acres. Great income potential, Live in one & Rent the other OR tear down & build. Zoned Commercial - contact village to verify use & restrictions. FRONT UNIT: 1 bed, 1 bath, dry basement, currently vacant, rent is $1200 with shed, full gut 1994, updated in 2020, AC 2015, Water heater 2021, Roof 2011. BACK UNIT: 2 bed, 1 bath, lease thru December 2021 for $1,200 w garage, full gut 1994, updated 2016, furnace AC & Water Heater 2018, Roof 2014, on crawl. Garage is 25x25, roof 2006. Shed is 20 x 20 with service door & garage door access, Roof 2011. Tenants pay Gas, Electric, & Garbage. Owner pays Water/Sewer (ave $90/mo). Current RI: $28,800 Gross Estimated RI: $28,800 Net RI: $26,600

Property Map

Property Details

Utilities

  • Heating Natural Gas
  • Cooling
  • Water Lake Michigan
  • Sewer Public Sewer

Additional Information

Parking
2.5 Garage Spaces, Garage Door Opener(s), Owned, Parking included in price
Schools
District 210, Liberty Junior High School (122), Bentley Elementary School (122)

Payment Calculator

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Principal & Interest
$0
Property Tax
$0
Assessments
$0
Home Insurance
$0
Mortgage Insurance
$0

Listing History

08-26-2021 Listed at $299,999
09-17-2021 Price decreased by $24,999 to $275,000
10-04-2021 Price decreased by $25,001 to $249,999
11-01-2021 Status changed to Under Contract
11-15-2021 Status changed to Active
12-09-2021 Status changed to Under Contract
12-17-2021 Status changed to Closed
12-17-2021 Sold at $230,000
Last Modified 12/17/21 1:45 PM

Nearby Transportation

  • Rock Island 0.9 mi
  • I 80 East 1.3 mi
  • Hwy 355 North 1.5 mi
  • I 80 West 1.5 mi
  • Hwy 355 South 1.6 mi
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