24134 Highway 53
24134 Highway 53
$585,000
15
9
—
—
—
Closed 4/16/24
Description
This exceptional property generates over $10,000 per month in rental income, offering a consistently strong revenue stream. Appraise at list price. Welcome to 24134 State Route 53, Elwood, IL 60421 - a phenomenal investment opportunity just a half-mile from the famous Chicagoland Speedway! This 2.6-acre cash cow is perfectly tailored for investors seeking cash flow multiunits, offering a unique blend of residential properties. This rare gem boasts three single-family homes and a fully rented duplex...This exceptional property generates over $10,000 per month in rental income, offering a consistently strong revenue stream. Appraise at list price. Welcome to 24134 State Route 53, Elwood, IL 60421 - a phenomenal investment opportunity just a half-mile from the famous Chicagoland Speedway! This 2.6-acre cash cow is perfectly tailored for investors seeking cash flow multiunits, offering a unique blend of residential properties. This rare gem boasts three single-family homes and a fully rented duplex apartment, all nestled within a prime location on Route 53. But that's not all! The property also features three expansive pole buildings (43x63, 41x92 & 33x75), all equipped with heated workshops, additional garages, and ample space for further development. The potential for growth and cash flow here is truly unparalleled! In-ground pool, city water, and sewer. Zoning is R-1B & B3. On 2 PIN numbers.
- Listed by Robert Miller • Vylla Home
Sold By Vylla Home
Property Details for 24134 Highway 53
Area
Elwood
TownshipJackson
Num of Interior Fireplaces1
ZoningMULTI
Location
LISTING UPDATED: 04/18/2024 03:00 AM
Property Details for 24134 Highway 53
Status | Closed |
---|---|
MLS # | 11924681 |
Days on Market | 161 |
Taxes | $11,211 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi Family 5+ / Multi Family 5+-Other |
Year Built | 1950 |
Lot Size | 2.65 AC / 115,500 SF |
County | Will County |
Location
Building Information for 24134 Highway 53
Stories-Residences10Year Built1950Building Size-Lot Size2.65 AC / 115,500 SF
Payment Calculator
$4,127 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 24134 Highway 53
Property History for 24134 Highway 53
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 24134 Highway 53
Taxable ValueLand$19,200Additions$111,486Total$130,686
Tax Record2020$10,603 ($884 / month)
Home Facts
Lot Size89,734 SqFtStyleMiscellaneous CommercialCountyWILLAPN10-11-09-200-015
Schools near 24134 Highway 53
This home is within Elwood Community Consolidated School District 203.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Elwood Child Care School PublicPK to 8 | ||
Joliet Central High School Public9 to 12 | ||
Joliet Twp High School - Alternate Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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