402 Northlake Road

Lakemoor, IL 60050

An affordable property that can be used solely as an investment property, an owner-occupied property or hybrid. Live in one unit and rent out the other or lease both for a steady income. The main downstairs section of the house has three bedrooms, two bathrooms, a living room, and a dining room (current tenants have been there 20 years and want to stay much longer of the new owner will allow). The home offers a finished basement offering extra space for living and storage. Above the two-car garage, there is a separate apartment/mother-in-law. It includes a living room, a kitchen, one bedroom, a bathroom, and a flex room. The property has had its share of updates. A new well water tank and motor were installed in 2021. There are two furnaces and two central air units, with the furnaces being new in 2019 and 2012. In 2012, the roof, gutters, siding, windows, garage door with openers, floors, appliances, and bathrooms were all replaced. The main unit, including the basement, is leased through 09/25. The upper apartment will be available in approximately 30 days. Tenants require 24 hours notice. Sold as is.

This is an Active listing.

Broker Office Phone Number: 815-354-1395

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