WAUKEGAN

For Sale by owner!  825 Lenox in Waukegan. Large 2 flat (apx 1000 sq ft each unit), fully rented, updated, good condition, big fenced yard, off street parking, two car garage, house electric meter, separate gas and electric meters $149,900 broker's cooperation accepted  

Call Mike @ 847-494-5092 for details or contact via e-mail:   michaelbergquist56@sbcglobal. net

wkgn825_2010-05-20

ZION

Gorgeous and very clean gut renovation just completed on this 2 story home. New mechanical, electrical and plumbing systems, new siding and roof installed in 2000. 3 bedrooms and 2 full baths, Large eat-in kitchen with pantry, living room and office/den. New carpet and laminate wood flooring. Ceramic tile in kitchen and laundry room. Kitchen has gas stove, microwave and new dishwasher and refrigerator. Front entrance has large coat closet.

This property is ready to move-in! Approximately 1,350 gross living area. Basement has plenty of storage. Rent to own option also available.

Master bedroom has attached bathroom with jacuzzi tub/shower and connecting deck. Separate laundry room with w/dryer hookups. Oversized, detached garage with exhaust fans and lots of lighting. Plus, paved driveway to garage. Cement sidewalk leads from garage to home. Ceiling fans in all rooms. All new interior and exterior doors and windows.

This home is in an established residential neighborhood on the west side of Zion. Local schools, parks and shopping facilities are nearby. Just 2 blocks from public bus transportation. Lot dimensions are standard 48 x 145.

Asking $125,000 or rent to own option. Stephanie 847-528-1228

zion125_svictor_2010-03-01

WAUKEGAN

jared hertzke (Member under Will Werhane)
847-201-6556

2 Story Brick Vintage Duplex
THIS IS A GREAT OPPORTUNITY
FOR A  LANDLORD!!

---Duplex--2   1240sq ft units!
---Two----2 BEDROOM-1Bath Units
---Fireplace and Built-in cabinets!
---Original tile in entry in good shape
---Hard Wood found under the carpets

---SOLD for $222k in 2006

---County says Full Market Value is $198

Our Estimated value
CAP rate 12
NOI $18,000
Value $150,000


What repairs it need to rent it out?:
Paint and carpet will go a long way.
Kitchens and baths need a little work.
Steam heat needs pressurized and repaired.
1st Floor living room floor is bucking under carpet
Other misc repairs
Our rehab estimate: $15K?

Windows could be replaced--but you could put it off a couple years:
The cash flow from the first year would probably pay for it!! Estimate:
$12k?

county509hertzke2010-04-01