ClosedPrice Reduced

$89,895

$129,900
38441 7th Avenue, Spring Grove, IL 60081
2 Beds1 Baths0 sqft86 days
38441 7th Avenue·Spring Grove, IL 60081
2Bedrooms
1Bathrooms
0Sq Ft
1940Year Built
About This Home

A rare. one-time opportunity, to get TWO HOUSES (totaling approx. 1500 sq. ft.) and FIVE out buildings for ONE money (less than 45,000 dollars per house). Houses are located on private, nearly, fully fenced-in (approx. 600 feet of fence), OVER 1/2 ACRE lot (one PIN) on paved, dead-end street in a neighborhood of upscale homes. Per the Lake County Central Permit Facility located in Libertyville, IL, "the second single-family dwelling unit is properly considered LEGALLY nonconforming" and is allowed to remain on the property as described in letter (SELLER has letter from LAKE COUNTY indicating this). HOUSE CLOSEST TO STREET, with approximately 608 square feet, has front and rear decks, foyer, kitchen, bath (like new condition bathtub and surround), bedroom, and large living room. REAR 1.5 STORY HOUSE with newer roof has approximately 890 square feet with screened porch (with 6-foot wide french door accessing porch), large kitchen (with high-end, expensive " SCHROCK handcrafted cabinetry" - kitchen cabinets and TWO SKYLIGHTS), large bath (like new condition bathtub and surround), large living room and 2 bedrooms (one extra large on second floor). The electric meter and gas meter servicing BOTH HOUSES have been REMOVED by the utility companies (thereby providing NO electricity or natural gas to property for inspections or any other reasons). The as-is refrigerators and as-is stoves are included in purchase price and the TWO boats, lawn mower, rototiller and extension ladder located on property will be removed by seller prior to closing (ALL OTHER PERSONAL property located on property at closing will be INCLUDED IN SALE). The entire property including BOTH HOUSES AND FIVE OUT BUILDINGS are AS-IS AND SHOWN, NEEDING REPAIRS with DUE-DILIGENCE REQUIRED. Potential property options are: 1) owner-occupy both houses, 2) owner-occupy one house and rent income from second house, 3) rent income from BOTH HOUSES. Photos 17-35 are REAR HOUSE and photos 36-48 are FRONT HOUSE.

MLS# 12279271Listed January 28, 2025Residential
Property Details

Beds & Baths

Total Bedrooms2
Total Bathrooms1
Full Baths1
Half Baths0
Total Rooms4

Size & Structure

Living Area0 sqft
Fireplaces0
Year Built1940
Lot Size0.520 acres

Location

CountyLake
TownshipAntioch
Zip Code60081

Financial

List Price$89,895
Original Price$129,900
Annual Taxes (2023)$4,648
Monthly Tax Est.$387
Parcel #01334080130000
Interior Features

Appliances

RangeRefrigerator

Heating

Natural Gas

Cooling

None

Basement

None
Exterior & Lot

Construction

Frame

Roof

Asphalt

Patio & Porch

Screened
Utilities & Parking

Sewer

Septic Tank

Water Source

Well

Parking

On Site
Schools
High School
Grant Community High School
District: 124
Tax & Financial
Annual Taxes
$4,648
Tax Year 2023
Monthly Tax Est.
$387
per month
Price Reduced by $40,005
Original list price: $129,900
Property Location

38441 7th Avenue, Spring Grove, IL 60081 — Lake County

$89,895
38441 7th Avenue
2 bd1 ba0 sqft
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
86 days on market
0.520 acres
$4,648/yr taxes
Price reduced $40,005
$860
estimated monthly payment
Principal & Interest
$472/mo
Property Tax
$387/mo
$89,895
20% — $17,979
3%50%
6.875%
3%12%
Loan Amount
$71,916
Down Payment
$17,979

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

Listed by
Poltera, Stephen
Agent: Stephen Poltera
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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