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39151 N Jackson Drive

Spring Grove, IL 60081
  • $900,000
  • STATUS: Active Under Contract
  • ON SITE: 302 Days
  • MLS #: 11817913
Under Contract
UPDATED: 107 min ago
$900,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1940
County:
Area:

School Ratings & Info

Description

Chain O' Lakes WATERFRONT Income Property! This fantastic opportunity to jump right in to a cash flow positive opportunity with 8 rental units that are currently used a short term rentals and are rented year round and a nicely updated bar that is currently leased. Main building has been updated and is up to current code. New roof 2018. NEW FLOOR with CONCRETE and STEEL BEAMS, NEW WALLS inside per commercial and residential code. Electric, alarm, parking lot, sea wall remodeled. Recent New Well Installed 5/2021. Rental units were also updated in late 2021 into early 2022. 168' frontage of chain access, permit approved site for 18 boat slips and additional income. Perfect retreat for boaters and winter sports. Opportunity to continue with bar/tavern business & rental income. Large deck overlooking backyard & lake!! Contact List or Co-List Agent Dan Gleason at 8155294762 with questions and to schedule tour.

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© 2024 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ryan Dallas Real Estate. Based on information submitted to the MRED as of 2024-04-24T23:04:20.92 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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39151 N Jackson Drive Spring Grove, IL 60081

  • Price: $900,000
  • Status: Active Under Contract
  • On Site: 302 Days
  • Updated: 107 min ago
  • MLS #: 11817913
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1940
Built
Neighborhood:
Spring Grove
County:
Lake
Area:
Spring Grove
Property Description
Chain O' Lakes WATERFRONT Income Property! This fantastic opportunity to jump right in to a cash flow positive opportunity with 8 rental units that are currently used a short term rentals and are rented year round and a nicely updated bar that is currently leased. Main building has been updated and is up to current code. New roof 2018. NEW FLOOR with CONCRETE and STEEL BEAMS, NEW WALLS inside per commercial and residential code. Electric, alarm, parking lot, sea wall remodeled. Recent New Well Installed 5/2021. Rental units were also updated in late 2021 into early 2022. 168' frontage of chain access, permit approved site for 18 boat slips and additional income. Perfect retreat for boaters and winter sports. Opportunity to continue with bar/tavern business & rental income. Large deck overlooking backyard & lake!! Contact List or Co-List Agent Dan Gleason at 8155294762 with questions and to schedule tour.
Exterior Features

Frontage Type Public Road Outdoor Parking 19-30 Spaces Roof Composition

Interior Features

Cooling Central AirWindow Unit(s) Heat Ventilation Forced Air Miscellaneous Inside Accessible EntrancePublic Restroom/s

Property Features

Additional Parcels YN No Approximate Age 36-50 Years Building Area Total 2500 Built Before1978 YN Yes Contingency Attorney/Inspection Continue To Show Yes Current Use Commercial Electric Other Fire Protection Fire Extinguisher/s Geographic Locale Northwest Suburban Gross Income 86395 Gross Scheduled Income 86395 Insurance Expense 7648 Location Lake FrontWater FrontWater View Mls Actual Status Contingent Operating Expense 21790 Possible Use CommercialSingle FamilyRetailOther Property Sub Type Apts/Stores Rental Price 0 Tax Annual Amount 14142 Tax Year 2022 Tenant Pays Other Total Monthly Income 7855 Type Mixed Use Utilities Other Zoning COMMR

Listing information © 2024 Midwest Real Estate Data LLC.
Listing provided courtesy of Keller Williams Success Realty: 847-456-6334.


© 2024 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ryan Dallas Real Estate. Based on information submitted to the MRED as of 2024-04-24T23:04:20.92 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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