2901 Elisha Avenue

Zion, IL 60099

$850,000
Price
7
Beds
7
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

The property's striking features include ample exterior parking space, ensuring convenience for tenants. Furthermore, the surrounding area boasts a thriving business community, providing a favorable environment for growth and success. The property's proximity to downtown Zion and popular amenities enhances its desirability, making it an attractive investment opportunity. Many improvements/upgrades have been made to the property within the past few years. Including but not limited to: Parking area,...The property's striking features include ample exterior parking space, ensuring convenience for tenants. Furthermore, the surrounding area boasts a thriving business community, providing a favorable environment for growth and success. The property's proximity to downtown Zion and popular amenities enhances its desirability, making it an attractive investment opportunity. Many improvements/upgrades have been made to the property within the past few years. Including but not limited to: Parking area, heating system, property roof and improvements to unit flooring and electrical/plumbing upgrades. 48 HR Notice required for showings.
  1. Listed by Barry Rose • Homesmart Connect LLC

Property Details for 2901 Elisha Avenue

Area
Zion

Location

Listing Courtesy of Homesmart Connect LLC
Add your commute
LISTING UPDATED: 02/22/2024 02:03 AM

Property Details for 2901 Elisha Avenue

StatusActive
MLS #11967268
Days on Market151
Taxes$12,789 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family 5+ / Multi Family 5+-Other
Year Built1963
Lot Size0.51 AC / 22,355 SF
CountyLake County

Location

Listing Courtesy of Homesmart Connect LLC
Add your commute

Building Information for 2901 Elisha Avenue

Stories-Residences7Year Built1963Building Size-Lot Size0.51 AC / 22,355 SF

Payment Calculator

$5,705 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,639

Property Taxes

$1,066

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2901 Elisha Avenue

General Information
Location and General Information
  • Information: List Broker Must Accompany,48-Hr Notice Required,Occupancy Perm Req
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: None
  • Electric: Circuit Breakers, Fuses
  • # Of Washers: 1
  • Basement Description: Unfinished
  • Heat/Ventilation: Baseboard
  • # Of Refrigerators: 7
  • Washer/Dryer Lsd: No
  • # Of Dryers: 1
  • Num of Baths: 7.0
Utilities / Equipment
  • Utilities: Water-Municipal, Cable Available
Property/Lot Information
  • Tenant Pays: Air Conditioning, Electricity
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Multi-Family Type: Other
  • Lot Dimensions: 140X85
  • Lot Size Square Feet: 22355.0
  • Stories: 1
  • Exterior Building Type: Brick
  • Roof Type: Composition
  • Building Area Total: 2916
  • Lot Size Source: County Records
  • # Of Ranges: 7
  • MRD_UNC: No
Property and Assessments
  • Buyer Financing: Conventional
  • Public Document Count: 0
  • Photos Count: 10
Miscellaneous
  • Current Use: Multi-Family
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 7
Income & Expenses
  • Electric Expense: $763.00
  • Fuel Expense: $1,308.00
  • Gross Income: $88,200.00
  • Gross Scheduled Income: $88,200.00
  • Insurance Expense: $3,349.00
  • Maintenance Expense: $5,000.00
  • Electric Expense Source: Owner Projection
  • Expense Year: 2023
  • Total Annual Expense Source: Broker Projection
  • Fuel Expense Source: Owner Projection
  • Insurance Expense Source: Owner Projection
  • Janitor Expense: 0
  • Net Operating Income Year: 2023
  • Other Expense Source: Broker Projection
  • Repairs-Decor Expense Source: Broker Projection
  • Trash Expense Source: Owner Projection
  • Total Monthly Income: 7350
  • Water Expense Source: Owner Projection
  • Net Operating Income: $61,200.00
  • Operating Expense: $27,000.00
  • Other Expense: $2,800.00
  • Trash Expense: $2,513.00
  • Water Sewer Expense: $2,879.00
Unit 1
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 1
  • Unit Type Units Total: 1
Unit 2
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 2
  • Unit Type Units Total: 1
Unit 3
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 3
  • Unit Type Units Total: 1
Unit 4
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 4
  • Unit Type Units Total: 1
Unit 5
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 5
  • Unit Type Units Total: 1
Unit 6
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 6
  • Unit Type Units Total: 1
Unit 7
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 7
  • Unit Type Units Total: 1

Property History for 2901 Elisha Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 2901 Elisha Avenue

Taxable ValueLand$21,988Additions$31,028Total$53,016
Home Facts
Baths7Total Finished SqFt4,342 SqFtAbove Grade Finished SqFt2,916 SqFtFinished Basement SqFt1,426 SqFtUnfinished Basement SqFt356 SqFtStories1Lot Size22,355 SqFtStyleOffice BuildingYear Built1963Year Renovated1963CountyLAKEAPN04-28-207-027

Schools near 2901 Elisha Avenue

This home is within Zion Esd 6 School District.
Rating
School
Type
Grades
Distance
Public - 3 to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Elmwood Elementary School
Public3 to 5

Zion Central Middle School
Public6 to 8

Zion-Benton Twnshp Hi School
Public9 to 12

New Tech High - Zion-Benton East
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.

Similar Homes

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2901 Elisha Avenue is a multi-family home for sale in Zion, IL 60099. This property was listed for sale on January 24, 2024 by Homesmart Connect LLC, it's currently listed at $850,000. It has been on the market for a total of 151 days and was last sold on April 21, 2020. This listing's school districts are Zion Esd 6 School District, Zion-Benton Twp Hsd 126 School District. Nearby schools include Elmwood Elementary School, Zion Central Middle School and Zion-Benton Twnshp Hi School. 2901 Elisha Avenue is a 7-bed, 7-bath, multi-family home built in 1963.

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 Homesmart Connect 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.