2424 Green Bay Road

Highland Park, IL 60035

$552,500
Last Sold Price
5
Beds
3
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Finest Investment Property in the North Shore! BIG Cash Flow, Fully Updated Two-Unit in Highland Park generating $ 65,000 in Rental Revenue! Nothing to do but watch it CASH FLOW. Cap Rates are WAY higher than the area average. Great location! Steps from Downtown Highwood, Highland Park, Shopping, Dining, Nightlife and The Lake! The Main House is rented for $ 3,500/month feat. New Kitchen, Bathrooms, Basement, Flooring, Lighting. Custom Finishes w/ lots of Living Space. Updated, Two Bedroom Apt. w/...Finest Investment Property in the North Shore! BIG Cash Flow, Fully Updated Two-Unit in Highland Park generating $ 65,000 in Rental Revenue! Nothing to do but watch it CASH FLOW. Cap Rates are WAY higher than the area average. Great location! Steps from Downtown Highwood, Highland Park, Shopping, Dining, Nightlife and The Lake! The Main House is rented for $ 3,500/month feat. New Kitchen, Bathrooms, Basement, Flooring, Lighting. Custom Finishes w/ lots of Living Space. Updated, Two Bedroom Apt. w/ attached Two-Car Garage! Currently Rented for $ 1,870 per Month. Could get more in RENT! Easy to Manage with only Two Units! Tenants Pay All Utilities. Ideal 1031 exchange, property to add to INVESTMENT Portfolio during these times of Inflation. Win-Win. . Home Run!
  1. Listed by Erik Gimbel • eXp Realty, LLC • (847) 530-3704
  2. Listed by Stuart Kantoff • eXp Realty, LLC

Sold By 1 Price Real Estate Corporation

Property Details for 2424 Green Bay Road

Area
Highland Park
Township
Moraine
Ownership
Fee Simple
Num Of Garage Spaces
2.0
Num Of Parking Spaces
2.0
Num Of Cars
4.0
Parking Included in Price
Yes
Heat/Fuel
Baseboard

Location

Add your commute
LISTING UPDATED: 11/10/2022 10:33 AM

Property Details for 2424 Green Bay Road

StatusClosed
MLS #11396574
Days on Market187
Taxes$8,211 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeTwo to Four Units / Two to Four Units-Other
Year Built1920
Lot Size0.11 AC / 4,791 SF
CountyLake County

Location

Add your commute

Building Information for 2424 Green Bay Road

Stories-Residences2Year Built1920Building Size-Lot Size0.11 AC / 4,791 SF

Payment Calculator

$3,699 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,015

Property Taxes

$684

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2424 Green Bay Road

General Information
School Information
  • Elementary School District: 112
  • Elementary School: Indian Trail Elementary School
  • Jr High Middle School: Elm Place School
  • High School District: 113
  • High School: Highland Park High School
  • Middle Or Junior School District: 112
Addtl Parking Information
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • Garage On Site: true
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage, Space/s
  • Parking Details: Unassigned
  • Parking On Site: true
  • Parking Ownership: N/A
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Num Of Rooms: 8
  • Bedrooms (Below Grade): 0
  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved
  • Bath Amenities: Garden Tub
  • Basement Type: Full
  • Bedrooms Possible: 5
  • Basement Description: Unfinished
  • # Full Baths in Building: 3
  • # Half Baths in Building: 0
  • Num of Baths: 3.0
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Lake Michigan
  • Other Equipment: TV-Cable, CO Detectors
Property/Lot Information
  • Exterior Property Features: Patio
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: Yes
  • Rehab Year: 2022
  • Built Before 1978: Yes
  • Age: 100+ Years
  • Lot Description: Fenced Yard
  • Lot Size: Less Than .25 Acre
  • Lot Dimensions: 35.85 X 50 X 142
  • Total # Units in Building: 2.0
  • Waterfront: No
  • Exterior Building Type: Brick, Stucco
  • Foundation Details: Block
  • General Information: Commuter Bus,Commuter Train
  • 3 Br Un In Bldg: Yes
  • Conversion: N
Property and Assessments
  • Public Document Count: 0
  • Photos Count: 23
  • Deconversion: N
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Income & Expenses
  • Insurance Expense: $1,750.00
  • Net Operating Income: $54,000.00
  • Water Sewer Expense: $800.00
Unit 1
  • Unit Type Actual Rent: $3,500.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 1
  • Lease Expiration Date: 4/23
Unit 2
  • Unit Type Actual Rent: $1,870.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 2
  • Lease Expiration Date: 11/22

Property History for 2424 Green Bay Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2424 Green Bay Road

Taxable ValueLand$25,724Additions$103,799Total$129,523
Tax Record2023$12,615 ($1,051 / month)
Home Facts
Beds0Baths2Total Finished SqFt2,344 SqFtAbove Grade Finished SqFt2,344 SqFtStories2Lot Size5,197 SqFtStyleSingle Family ResidenceYear Built1920Year Renovated1996CountyLAKEAPN16-14-318-019

Schools near 2424 Green Bay Road

This home is within Twp Hsd 113 School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
Wayne Thomas Elementary School
PublicK to 5

Northwood Jr High School
Public6 to 8

Highland Park High School
Public9 to 12

Oak Terrace Elementary School
PublicK to 5

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.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of eXp Realty, LLC

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Based on information submitted to the MLS GRID as of 11/10/2022 10:33 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.