13 W Grand Ave., Fox Lake, IL 60020

Recently updated two-unit residence in Downtown Business District, one block from Pistakee Lake and 0.3 miles to Metra stop. This is a turn-key that already generates an 8.1% overall cap rate based on 2019 income and expenses. The interior on both units were completely remodeled in 2018 -- Tankless water heater added this year, new siding, windows plumbing and electrical done in 2018. Roof, soffit and gutters done in 2006. Sorry, rehabbers. Nothing to do here but take over from long-term owners. Finding long-term tenants has not been a problem for them. Seller would like to sell as a package deal along with 11 W Grand (two-unit side-by-side) or 15 W Grand (2BR SFH).