Closed

$296,500

14959 Russell Road, Zion, IL 60099
6 Beds4 Baths52 days
14959 Russell Road·Zion, IL 60099
6Bedrooms
4Bathrooms
1870Year Built
About This Home

Charming 4-Unit Investment Property in Zion, IL! Discover an exciting investment opportunity in the heart of unincorporated Zion, IL! This four-unit property offers immense potential for savvy investors and owner occupants that are looking for additional cash flow. Maybe even Airbnb a unit or two. With a mix of two 1-bedroom, 1-bath units and two 2-bedroom, 1-bath units-one of which boasts an additional loft-this property is ripe for renovation and ready for some TLC. All apartments are currently vacant and ready for renovations, allowing you to customize each unit to maximize rental your income. ALSO: The property is being sold with an adjacent lot that's approximately 60'x260', increasing the total lot size to one acre! This expansive space offers additional possibilities for development, landscaping, or creating common areas for tenants. Nestled on an expansive lot with mature trees and close to the interstate, your tenants will enjoy popular area attractions such as Gurnee Mills, Six Flags Great America and the Bristol Renaissance Faire. The property is also in close proximity to Kenosha, WI w/ shopping and the Kenosha Industrial area where plenty of renters are working. The expansive three car garage has plenty of room for vehicles and includes a back room that runs the length of the garage and may be used to generate additional rental income from either a residential or commercial tenant. Don't miss this opportunity to capitalize on the growing demand for rental housing for years to come. With some renovations, 14959 W Russell Rd can truly become a premier rental property for your portfolio.

MLS# 12085529Listed June 16, 2024Residential Income
Property Details

Beds & Baths

Total Bedrooms6
Total Bathrooms4
Total Rooms15

Size & Structure

Garage Spaces3
Year Built1870
Lot Size1.000 acres

Location

CountyLake
TownshipNewport
Zip Code60099

Financial

List Price$296,500
Annual Taxes (2023)$2,796
Monthly Tax Est.$233
Parcel #03023000230000
Interior Features

Heating

Natural Gas

Basement

Crawl SpaceCellar
Exterior & Lot

Construction

Conventional
Utilities & Parking

Sewer

Septic Tank

Water Source

Well

Parking

On SiteDetachedGarage
Tax & Financial
Annual Taxes
$2,796
Tax Year 2023
Monthly Tax Est.
$233
per month
Property Location

14959 Russell Road, Zion, IL 60099Lake County

$296,500
14959 Russell Road
6 bd4 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
52 days on market
3-car garage
1.000 acres
$2,796/yr taxes
$1,791
estimated monthly payment
Principal & Interest
$1,558/mo
Property Tax
$233/mo
$296,500
20% — $59,300
3%50%
6.875%
3%12%
Loan Amount
$237,200
Down Payment
$59,300

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

Listed by
The Sokol Group
Agent: Peter Poidomani
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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