Prime downtown Mundelein location on a double lot with many possibilities. Commercial zoning on Route 45 with plenty of parking make this the perfect investment property. There has never been any problem with securing great tenants because of the prime location. Broker owner has been in ownership for over 15 years and has never had a vacant apartment. Rental income is on the lower side due to long term tenants. Subject includes 2 buildings, front building has 3 units, back building has 2 units. Updates include: 2006 Rehab on unit 1B. 2016 New Roof on front building, 2017 New Windows & Rehab of unit 2F, 2017 New Windows & gut rehab of unit #1F, 2017 Rehab unit Suite 1, 2020 New Roof on back building. Contact Broker for financial information.
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For more information about 609 N Lake, Mundelein, IL 60060 contact Corcoran Urban Real Estate.
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Listing provided by Swanson Realty
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