39253 North Jackson Drive

Spring Grove, IL 60081

$535,000
Last Sold Price
6
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Attention Investors. One of a Kind Investment on The Chain O'Lakes. 6 Unit Building with a Single Family Home. Both of These Properties are Included in the Sale. 120 Feet of Water Frontage On Grass Lake. Fully Occupied Besides the Two Lower Units that Need to be Finished. Additional Rental Income Possible Once Completed. Landlord Pays All Utilities. Great Yard For Tenants and Ample Parking. Very Easy To Find Tenants. Great Income Opportunity.Attention Investors. One of a Kind Investment on The Chain O'Lakes. 6 Unit Building with a Single Family Home. Both of These Properties are Included in the Sale. 120 Feet of Water Frontage On Grass Lake. Fully Occupied Besides the Two Lower Units that Need to be Finished. Additional Rental Income Possible Once Completed. Landlord Pays All Utilities. Great Yard For Tenants and Ample Parking. Very Easy To Find Tenants. Great Income Opportunity.
  1. Listed by Reid Anderson • Blue Fence Real Estate Inc.

Sold By Keller Williams Success Realty

Property Details for 39253 North Jackson Drive

Area
Spring Grove
Township
Antioch
Num Of Parking Spaces
10.0
Zoning
MULTI
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LISTING UPDATED: 03/22/2022 05:46 PM

Property Details for 39253 North Jackson Drive

StatusClosed
MLS #11302608
Days on Market69
Taxes$8,298 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family 5+ / Multi Family 5+-Other
Year Built1954
Lot Size0.57 AC / 24,829 SF
CountyLake County
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Building Information for 39253 North Jackson Drive

Stories-Residences7Year Built1954Building Size-Lot Size0.57 AC / 24,829 SF

Payment Calculator

$3,611 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,920

Property Taxes

$692

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 39253 North Jackson Drive

General Information
Addtl Parking Information
  • Outdoor Parking: 6-12 Spaces
Location and General Information
  • Information: List Broker Must Accompany,48-Hr Notice Required
Taxes and HOA Information
  • Additional Parcels: Yes
Property Information
Interior Features
  • Air Conditioning: None
  • Electric: Circuit Breakers
  • # Of Washers: 0
  • Heat/Ventilation: Forced Air,Gas
  • # Of Refrigerators: 5
  • Washer/Dryer Lsd: No
  • # Of Dryers: 0
  • # Of Disposals: 0
  • # Of Dishwashers: 0
  • Num of Baths: 0.0
Property/Lot Information
  • Tenant Pays: None
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Multi-Family Type: Other
  • Lot Dimensions: 92X67X141X120
  • Lot Size Square Feet: 24829.0
  • Stories: 2
  • Exterior Building Type: Masonite
  • Construction: Wood Frame
  • Building Area Total: 5325
  • # Of Ranges: 5
  • MRD_UNC: Yes
Property and Assessments
  • Public Document Count: 0
  • Photos Count: 16
Miscellaneous
  • Current Use: Multi-Family
  • Location: Lake Front,Riverfront,Water Front,Water View
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: $1,794.00
  • Fuel Expense: $2,225.00
  • Gross Income: $62,400.00
  • Gross Scheduled Income: $62,400.00
  • Insurance Expense: $6,859.00
  • Maintenance Expense: $.00
  • Electric Expense Source: Actual
  • Total Annual Expense Source: Owner Projection
  • Fuel Expense Source: Actual
  • Insurance Expense Source: Actual
  • Janitor Expense: 0
  • Net Operating Income Year: 2020
  • Other Expense Source: Actual
  • Trash Expense Source: Actual
  • Total Monthly Income: 5200
  • Water Expense Source: Actual
  • Net Operating Income: $37,880.00
  • Operating Expense: $24,520.00
  • Other Expense: $5,270.00
  • Trash Expense: $1,320.00
  • Water Sewer Expense: $.00
Unit 1
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 1
  • Unit Type Units Total: 1
  • # Of Rooms - Unit 1: 3
  • # Of Full Bthrms - Type 1: 1
  • Monthly Income - 1: 800
Unit 2
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 2
  • Unit Type Units Total: 1
  • # Of Rooms - Unit 2: 3
  • # Of Full Bthrms - Type 2: 1
  • Monthly Income - 2: 800
Unit 3
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 3
  • Unit Type Units Total: 1
  • # Of Rooms - Unit 3: 4
  • # Of Full Bthrms - Type 3: 1
  • Monthly Income - 3: 1000
  • Monthly Income Max - 3: 1300
Unit 4
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 4
  • Unit Type Units Total: 1
  • # Of Rooms - Unit 4: 4
  • # Of Full Bthrms - Type 4: 1
  • Monthly Income - 4: 1000
  • Monthly Income Max - 4: 1300
Unit 5
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 5
  • Unit Type Units Total: 1
  • # Of Rooms - Unit 5: 5
  • # Of Full Bthrms - Type 5: 1
  • Monthly Income - 5: 1500
  • Monthly Income Max - 5: 1800
Unit 6
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 6
  • Unit Type Units Total: 0
  • Monthly Income - 6: 0
Unit 7
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 7
  • Unit Type Units Total: 0
  • # Of Rooms - Unit 7: 0
  • Monthly Income - 7: 0

Property History for 39253 North Jackson Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 39253 North Jackson Drive

Taxable ValueLand$21,578Additions$25,365Total$46,943
Tax Record2023$3,856 ($321 / month)
Home Facts
Beds3Baths1Total Finished SqFt855 SqFtAbove Grade Finished SqFt855 SqFtStories1Lot Size15,246 SqFtStyleSingle Family ResidenceYear Built1977Year Renovated1999CountyLAKEAPN01-27-300-005

Schools near 39253 North Jackson Drive

This home is within Fox Lake Grade School District 114 School District.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - 5 to 8
Public - 9 to 12
Rating
School
Distance
Lotus School
PublicPK to 4

Stanton School
Public5 to 8

Grant Community High School
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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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 Blue Fence Real Estate Inc.

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 03/22/2022 05:46 PM. 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.