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$ 430,000
Est. payment | /mo
$ 430,000
Est. payment | /mo
Key Details
Property Type Multi-Family
Sub Type Multi Family 5+
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID 12408343
Year Built 1992
Annual Tax Amount $13,781
Tax Year 2024
Lot Dimensions 180X130.75X46.95X100X43.33X17X86
Property Sub-Type Multi Family 5+
Property Description
Excellent opportunity to own an 8-unit multifamily property in charming Shabbona, Illinois-just minutes from scenic Shabbona Lake State Park. This well-maintained, two-story building features eight spacious 2-bedroom, 1-bath units-four on the first floor and four on the second. Each unit is individually metered with separate furnaces, water heaters and washer/dryer allowing for reduced owner expenses. Tenants pay their own water, electricity, and gas, making this an ideal low-overhead investment. The property is conveniently located near outdoor recreation and local amenities, attracting long-term tenants and vacationers alike. Strong rental potential in a quiet, desirable area. Whether you're a seasoned investor or just entering the multifamily market, this property offers stable income and future upside.
Location
State IL
County Dekalb
Area Shabbona
Zoning MULTI
Rooms
Basement None
Interior
Cooling Window Unit(s)
Fireplace N
Exterior
Roof Type Composition
Building
Dwelling Type Multi Family 5+
Level or Stories 2
Structure Type Cedar
Others
HOA Fee Include Exterior Maintenance,Lawn Care,Snow Removal
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Listed by Kasey Zeimet • American Realty Illinois LLC
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
propertymanagement@legacypropertiesil.com
1350 Remington Rd, Suite B, Schaumburg, IL, Other