MLS® ID: 10377273
137 Rand Road
LAKEMOOR, Illinois, 60051 $225,000
Amazing Opportunity!! This property is perfect for an investor looking for a cash flowing property. Or for someone looking to have commercial space for their business and have rental income that potentially covers the mortgage, taxes and insurance. Highly visible with traffic counts of over 22,000. Great location for local traffic with a new proposed Dunkin' Donuts being built next door. Potential income for the next owner: Unit #1 (2 bed/1 bath) $950/mo + Unit #2 (2 bed/1 bath) $950/mo + Commercial space for $1,300/mo = $3,200/mo gross income. All utilities are separately metered except for the well water & sewer. Current tenants on 2nd floor are on a month to month basis and commercial space is vacant. *New roof 2018 *Newer (2015) 3 separate A/C units *Recently renovated *Laundry in upper units MAKE THIS YOUR NEXT BUSINESS VENTURE!