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  • $153,000

    14959 W Russell Rd, Zion, IL 60099

    6beds
    --sqft
    Multi Family
    Built in 1870
    -- sqft lot
    $164,700 Zestimate®
    $--/sqft
    $1,713 Estimated rent

    Home value

    $164,700

    $148,000 - $184,000

    $1,713/mo

    Zestimate® history
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    $1,162/mo

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    What's special

    Charming 4-Unit Investment Property in Zion, IL! Discover an exciting investment opportunity in the heart of unincorporated Zion, IL! This four-unit property offers immense potential for savvy investors and owner occupants that are looking for additional cash flow. Maybe even Airbnb a unit or two. With a mix of two 1-bedroom, 1-bath units and two 2-bedroom, 1-bath units-one of which boasts an additional loft-this property is ripe for renovation and ready for some TLC. All apartments are currently vacant and ready for renovations, allowing you to customize each unit to maximize rental your income. ALSO: The property is being sold with an adjacent lot that's approximately 60'x260', increasing the total lot size to one acre! This expansive space offers additional possibilities for development, landscaping, or creating common areas for tenants. Nestled on an expansive lot with mature trees and close to the interstate, your tenants will enjoy popular area attractions such as Gurnee Mills, Six Flags Great America and the Bristol Renaissance Faire. The property is also in close proximity to Kenosha, WI w/ shopping and the Kenosha Industrial area where plenty of renters are working. The expansive three car garage has plenty of room for vehicles and includes a back room that runs the length of the garage and may be used to generate additional rental income from either a residential or commercial tenant. Don't miss this opportunity to capitalize on the growing demand for rental housing for years to come. With some renovations, 14959 W Russell Rd can truly become a premier rental property for your portfolio.

    Zillow last checked: 8 hours ago

    Listing updated: August 31, 2024 at 11:18am

    Listing courtesy of:

    Peter Poidomani 630-235-5004,

    The Sokol Group

    Bought with:

    Elise Livingston

    RE/MAX Plaza

    Source: MRED as distributed by MLS GRID,MLS#: 12085529MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Natural Gas
    Features
    • Basement: Crawl Space,Cellar

    Property

    Parking
    • Total spaces: 3
    • Parking features: On Site, Detached, Garage
    • Garage spaces: 3
    Lot
    • Size: 1 Acres
    • Dimensions: 165X264
    Details
    • Additional parcels included: 03023000220000
    • Parcel number: 03023000230000
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Conventional
    Condition
    • New construction: No
    • Year built: 1870

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Well

    Community & neighborhood

    Location
    • Region: Zion

    Other

    Other facts
    • Listing terms: Cash
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    8/29/2024Sold$153,000-48.4%
    Source: MRED as distributed by MLS GRID #12085529
    8/19/2024Pending sale$296,500
    Source: MRED as distributed by MLS GRID #12085529
    8/11/2024Listing removed--
    Source: MRED as distributed by MLS GRID #12085529
    7/3/2024Pending sale$296,500
    Source: MRED as distributed by MLS GRID #12085529
    6/16/2024Listed for sale$296,500
    Source: MRED as distributed by MLS GRID #12085529

    Public tax history

    YearProperty taxesTax assessment
    2023$437 +5.9%$5,503 +26.6%
    2022$412 -8.8%$4,347 +7.5%
    2021$452 -0.3%$4,044 -1.3%

    Find assessor info on the county website

    Neighborhood: 60099

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: 3

    Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Sell for more on Zillow
    Get a free Zillow Showcase℠ listing and you could sell for .
    $164,700
    2% more+ $3,294
    With Zillow Showcase(estimated)
    $167,994