4101 Douglas Drive

Zion, IL 60099

$654,900
Price
8
Beds
4
Baths
4
1/2 Baths
4,700 Sq. Ft.
$139 / Sq. Ft.
4,700
Sq. Ft.
$139
per Sq. Ft.

Description

Large 4 unit building in a great far north side zion location by lorelie and 9th st. Four identical 2 story units, 2 bedrooms each, 1/2 bathroom on main level and a full hall bathroom upstairs. Each unit has its own private concrete patio with 2 sliding glass doors and large backyard. Each unit has its own private in-unit laundry room on the main level. Master bedrooms have walk-in closets and a sink with a mirror area. Brand-new (march 2024) roof and second floor vinyl siding. Upper-level sliding...Large 4 unit building in a great far north side zion location by lorelie and 9th st. Four identical 2 story units, 2 bedrooms each, 1/2 bathroom on main level and a full hall bathroom upstairs. Each unit has its own private concrete patio with 2 sliding glass doors and large backyard. Each unit has its own private in-unit laundry room on the main level. Master bedrooms have walk-in closets and a sink with a mirror area. Brand-new (march 2024) roof and second floor vinyl siding. Upper-level sliding glass door rails replaced (2024). Windows and patio doors replaced (2009). Concrete parking lot with 8 parking spaces. One unit has a brand-new kitchen, white shaker cabinets, granite countertops, sink, faucet, stainless steel appliances with a high-end stove and built in microwave. New bathroom vanities, new vinyl flooring on main level, new paint. All the kitchens have islands. Other units are in good condition. Tenants pay for all utilities, separate water meters and electric meters, water heaters, tenants also pay for garbage pick-up. Beach park schools! Close to the big super wal mart on 173, i-94, gurnee mills mall, six-flags great america, kenosha premium outlet mall, etc. High income and low expenses makes this a great cash cow investment. Potential gross income is $66,000 a year, landlord only pays for taxes $11,123, landscaping $1,200 per year and insurance $2,200 per year, approx expenses at $15,000 a year, net income profit of $51,000 makes this 7.8 % return on your investment.
  1. Listed by Mike Najarian • NCL Realty, INC.

Property Details for 4101 Douglas Drive

Area
Zion
Township
Zion
Ownership
Fee Simple
Num Of Parking Spaces
8.0
Parking Included in Price
Yes
Heat/Fuel
Electric, Baseboard

Location

Listing Courtesy of NCL Realty, INC.
Add your commute
LISTING UPDATED: 05/11/2024 02:12 PM

Property Details for 4101 Douglas Drive

StatusContingent
MLS #12053717
Days on Market1
Taxes$11,124 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeTwo to Four Units / 2 Story Unit/S
Year Built1985
Lot Size25.25 AC / 1,099,890 SF
CountyLake County

Location

Listing Courtesy of NCL Realty, INC.
Add your commute

Building Information for 4101 Douglas Drive

Stories-Residences4Year Built1985Building Size-Lot Size25.25 AC / 1,099,890 SF

Payment Calculator

$4,501 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,574

Property Taxes

$927

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 4101 Douglas Drive

General Information
School Information
  • Elementary School District: 3
  • High School District: 126
  • Middle Or Junior School District: 3
Addtl Parking Information
  • Parking: Space/s
  • Parking Details: Parking Lot
  • Parking On Site: true
  • Parking Ownership: Owned
  • Open Parking Spaces: 8.0
Property Information
Interior Features
  • Num Of Rooms: 20
  • Bedrooms (Below Grade): 0
  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved
  • Bath Amenities: Soaking Tub
  • Basement Type: None
  • Bedrooms Possible: 8
  • Basement Description: Slab
  • Basement Bathrooms: No
  • # Full Baths in Building: 4
  • # Half Baths in Building: 4
  • Num of Baths: 4.4
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Public
  • Other Equipment: Water Heater-Electric
Property/Lot Information
  • Exterior Property Features: Patio, Storms/Screens
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: No
  • Built Before 1978: No
  • Age: 31-40 Years
  • Lot Size: .25-.49 Acre
  • Lot Dimensions: 11000
  • Total # Units in Building: 4.0
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding, Brick
  • Roof Type: Asphalt
  • Foundation Details: Concrete Perimeter
  • General Information: None
  • 3 Br Un In Bldg: No
Property and Assessments
  • Public Document Count: 0
  • Photos Count: 21
  • OpenHouse Count: 0
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Income & Expenses
  • Electric Expense: $.00
  • Fuel Expense: $.00
  • Gross Income: $66,000.00
  • Insurance Expense: $2,200.00
  • Trash Expense Year: 0
  • Net Operating Income: $51,000.00
  • Trash Expense: $.00
  • Water Sewer Expense: $.00
Unit 1
  • Unit Type Actual Rent: $1,300.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 1
  • Lease Expiration Date: 02/25
Unit 2
  • Unit Type Actual Rent: $1,300.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 2
  • Lease Expiration Date: 03/25
Unit 3
  • Unit Type Actual Rent: $1,300.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 3
  • Lease Expiration Date: 04/25
Unit 4
  • Unit Type Actual Rent: $1,600.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 4
  • Lease Expiration Date: 04/25

Property History for 4101 Douglas 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 4101 Douglas Drive

Taxable ValueLand$14,869Additions$80,600Total$95,469
Tax Record2023$11,124 ($927 / month)
Home Facts
Beds8Baths6Total Finished SqFt4,700 SqFtAbove Grade Finished SqFt4,700 SqFtStories2Lot Size10,999 SqFtStyleSingle Family ResidenceYear Built1985CountyLAKEAPN04-07-404-005

Schools near 4101 Douglas Drive

This home is within Beach Park Central Consolidated School District 3.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Newport Elementary School
PublicK to 5

Beach Park 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.

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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 NCL Realty, 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 05/11/2024 02:12 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.