38441 N 7th Ave., Ivanhoe, IL 60081

38441 N 7th Ave., Spring Grove, IL 60081
Photo 1 of 52
$99,899
Beds Baths Sq. Ft. Taxes Built
2 1.00 890 $4,648 1940
On the market: 56 days

Est. Monthly Payment:

$958($571 + $387 taxes*)

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APPROVED
View full details, 15 photos, school info, and price history
A rare. one-time opportunity, to get TWO HOUSES (totaling approx. 1500 sq. ft.) and FOUR out buildings for ONE money (less than 50,000 dollars per house). Houses are located on private, nearly, fully fenced-in (approx. 600 feet of fence), OVER 1/2 ACRE lot (one PIN) on paved, dead-end street in a neighborhood of upscale homes. Per the Lake County Central Permit Facility located in Libertyville, IL, "the second single-family dwelling unit is properly considered LEGALLY nonconforming" and is allowed to remain on the property as described in letter (SELLER has letter from LAKE COUNTY indicating this). HOUSE CLOSEST TO STREET, with approximately 608 square feet, has front and rear decks, foyer, kitchen, bath (like new condition bathtub and surround), bedroom, and large living room. REAR 1.5 STORY HOUSE with newer roof has approximately 890 square feet with screened porch (with 6-foot wide french door accessing porch), large kitchen (with high-end, expensive " SCHROCK handcrafted cabinetry" - kitchen cabinets and TWO SKYLIGHTS), large bath (like new condition bathtub and surround), large living room and 2 bedrooms (one extra large on second floor). The electric meter and gas meter servicing BOTH HOUSES have been REMOVED by the utility companies (thereby providing NO electricity to property) due to both houses being VACANT. The as-is refrigerators and as-is stoves are included in purchase price and the TWO boats, lawn mower, rototiller and extension ladder located on property will be removed by seller prior to closing (ALL OTHER PERSONAL property located on property at closing will be INCLUDED IN SALE). BOTH HOUSES AND FOUR OUT BUILDINGS are AS-IS AND SHOWN, NEEDING REPAIRS with DUE-DILIGENCE REQUIRED. Potential property options are: 1) owner-occupy both houses, 2) owner-occupy one house and rent income from second house, 3) rent income from BOTH HOUSES. Photos 17-35 are REAR HOUSE and photos 36-48 are FRONT HOUSE.
Listing courtesy of Stephen Poltera, Poltera, Stephen