Closed

$265,000

402 Northlake Road, Lakemoor, IL 60050
4 Beds3 Baths0 sqft4 days
402 Northlake Road·Lakemoor, IL 60050
4Bedrooms
3Bathrooms
0Sq Ft
1932Year Built
About This Home

An affordable property that can be used solely as an investment property, an owner-occupied property or hybrid. Live in one unit and rent out the other or lease both for a steady income. The main downstairs section of the house has three bedrooms, two bathrooms, a living room, and a dining room (current tenants have been there 20 years and want to stay much longer of the new owner will allow). The home offers a finished basement offering extra space for living and storage. Above the two-car garage, there is a separate apartment/mother-in-law. It includes a living room, a kitchen, one bedroom, a bathroom, and a flex room. The property has had its share of updates. A new well water tank and motor were installed in 2021. There are two furnaces and two central air units, with the furnaces being new in 2019 and 2012. In 2012, the roof, gutters, siding, windows, garage door with openers, floors, appliances, and bathrooms were all replaced. The main unit, including the basement, is leased through 09/25. The upper apartment will be available in approximately 30 days. Tenants require 24 hours notice. Sold as is.

MLS# 12155107Listed September 5, 2024Residential
Property Details

Beds & Baths

Total Bedrooms4
Total Bathrooms3
Full Baths3
Half Baths0
Total Rooms15

Size & Structure

Living Area0 sqft
Garage Spaces2
Fireplaces0
Year Built1932
Lot Size0.119 acres

Location

CountyMcHenry
TownshipMcHenry
Zip Code60050

Financial

List Price$265,000
Annual Taxes (2023)$6,486
Monthly Tax Est.$541
Parcel #1032404043
Interior Features

Heating

Natural GasForced Air

Cooling

Central Air

Basement

FinishedFull
Exterior & Lot

Construction

Vinyl Siding

Roof

Asphalt

Patio & Porch

Porch

Lot Features

Corner LotLegal Non-Conforming
Utilities & Parking

Sewer

Public Sewer

Water Source

Well

Parking

Garage Door OpenerOn SiteGarage OwnedAttachedGarage
HOA & Community
HOA Fee
$0
Not Applicable

HOA Includes

None

Community Features

ParkStreet LightsStreet Paved
Schools
Elementary
Hilltop Elementary School
District: 15
Middle School
Mchenry Middle School
District: 15
Tax & Financial
Annual Taxes
$6,486
Tax Year 2023
Monthly Tax Est.
$541
per month
Property Location

402 Northlake Road, Lakemoor, IL 60050McHenry County

$265,000
402 Northlake Road
4 bd3 ba0 sqft
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
4 days on market
2-car garage
0.119 acres
$6,486/yr taxes
$0 HOA (not applicable)
$1,933
estimated monthly payment
Principal & Interest
$1,393/mo
Property Tax
$541/mo
$265,000
20% — $53,000
3%50%
6.875%
3%12%
Loan Amount
$212,000
Down Payment
$53,000

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
Flatland Homes, LTD
Agent: Sara Bryan
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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