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 17 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.
Property Map
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Property Details
Utilities
Heating
Cooling Window Unit(s)
Water
Sewer
Additional Information
Parking
20 Parking Spaces
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Listing History
07-29-2022
Listed at $450,000
08-23-2022
Status changed to Under Contract
10-24-2022
Status changed to Closed
10-21-2022
Sold at $411,000
Last Modified 10/24/22 1:24 PM
Nearby Transportation
North Central Service
0.5 mi
I 94 East
4.6 mi
I 94 West
4.8 mi
For More Information
(312) 528-9200
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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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Midwest Real Estate Data LLC. Real estate listings held by brokerage firms other than Urban Real Estate are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.
