$115,000
$125,000
8.0%For more information regarding the value of a property, please contact us for a free consultation.
5208 E Wonder Lake RD Wonder Lake, IL 60097
2 Beds
1 Bath
520 SqFt
Key Details
Sold Price $115,000
Property Type Single Family Home
Sub Type Detached Single
Listing Status Sold
Purchase Type For Sale
Square Footage 520 sqft
Price per Sqft $221
MLS Listing ID 11976866
Sold Date 03/15/24
Bedrooms 2
Full Baths 1
HOA Fees $6/ann
Year Built 1952
Annual Tax Amount $2,146
Tax Year 2022
Lot Size 5,967 Sqft
Lot Dimensions 50 X 120
Property Description
Investor Special with Tenant in Place! This investment opportunity in Wonder Lake, IL, is a gem for discerning investors. Boasting a reliable long-term tenant with a lease in place until 9/30/25, this property promises immediate rental income. With an estimated capitalization rate of 8.33%, it offers solid returns for your investment portfolio.Recently refreshed with newly painted ceilings, this property requires minimal upkeep, allowing you to focus on maximizing your returns hassle-free. Its valuable water rights add an extra dimension to its appeal, enhancing its long-term potential.Don't miss out on this exceptional investment opportunity in Wonder Lake! Take advantage of its turnkey status and start generating passive income today. Schedule a viewing and secure your investment future.
Location
State IL
County Mchenry
Area Wonder Lake
Rooms
Basement None
Interior
Heating Natural Gas, Forced Air
Cooling Window/Wall Unit - 1
Fireplace N
Exterior
Exterior Feature Deck
Community Features Street Paved
Roof Type Asphalt
Building
Sewer Septic-Private
Water Private Well
New Construction false
Schools
Elementary Schools Harrison Elementary School
Middle Schools Harrison Elementary School
High Schools Mchenry Campus
School District 36 , 36, 156
Others
HOA Fee Include Lake Rights
Ownership Fee Simple
Special Listing Condition None
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© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Bought with Rutul Parekh • ARNI Realty Incorporated
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