Investment opportunity and perfect for a 1031 Exchange. This fully leased condo is now for sale. The upper level home in Lakemoor has been leased to a long term quality tenant for 18 years. The tenant's current lease ends March, 2024. This home could be perfect for someone looking to start investing with little risk, or someone who needs to defer capital gains with an exchange. Owner occupied buyers are welcome but cannot take possession until the current tenant's lease ends next spring. Excellent value means you can take advantage of this unique opportunity. This neighborhood is well maintained with a nice mix of single family homes, duplexes, townhouses and condos. Beautiful large park nearby. Ponds.
Closed
$204,000
585 Bridle Ct #585, McHenry, IL 60051
3beds
1,678sqft
Condominium, Single Family Residence
Built in 2004
-- sqft lot
$242,400 Zestimate®
$122/sqft
$2,394 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: October 02, 2023 at 01:00am
Listing courtesy of:
Tami Hamilton 224-730-9661,
@properties Christie's International Real Estate
Bought with:
Tami Hamilton
@properties Christie's International Real Estate
Source: MRED as distributed by MLS GRID,MLS#: 11818670
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Features: Flooring (Carpet), Bathroom (Full)
- Level: Second
- Area: 192 Square Feet
- Dimensions: 16X12
Bedroom 2
- Features: Flooring (Carpet)
- Level: Second
- Area: 150 Square Feet
- Dimensions: 15X10
Bedroom 3
- Features: Flooring (Carpet)
- Level: Second
- Area: 120 Square Feet
- Dimensions: 12X10
Kitchen
- Features: Kitchen (Eating Area-Table Space, Pantry-Closet), Flooring (Vinyl)
- Level: Second
- Area: 224 Square Feet
- Dimensions: 16X14
Laundry
- Features: Flooring (Vinyl)
- Level: Second
- Area: 40 Square Feet
- Dimensions: 5X8
Living room
- Features: Flooring (Carpet)
- Level: Second
- Area: 360 Square Feet
- Dimensions: 20X18
Heating
- Natural Gas
Cooling
- Central Air
Appliances
- Included: Range, Dishwasher, Refrigerator, Washer, Dryer
- Laundry: Washer Hookup, In Unit
Features
- Cathedral Ceiling(s)
- Basement: None
Interior area
- Total structure area: 1,678
- Total interior livable area: 1,678 sqft
Property
Parking
- Total spaces: 2
- Parking features: Asphalt, Garage Door Opener, On Site, Garage Owned, Attached, Garage
- Attached garage spaces: 2
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: No Disability Access
Features
- Exterior features: Balcony
Details
- Parcel number: 1032283008
- Special conditions: None
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium, Single Family Residence
Materials
- Vinyl Siding, Brick
- Foundation: Concrete Perimeter
- Roof: Asphalt
Condition
- New construction: No
- Year built: 2004
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Security
- Security features: Carbon Monoxide Detector(s)
Location
- Region: Mchenry
- Subdivision: The Glen At Lakemoor Farms
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $188 monthly
- Services included: Parking, Insurance, Exterior Maintenance, Lawn Care, Snow Removal
Other
Other facts
- Listing terms: Conventional
- Ownership: Condo
Sell with ease on Zillow
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$242,400
2% more+$4,848
With Zillow Showcase(estimated)$247,248