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    2409 Gilboa Ave Zion, IL 60099

    For Sale
    $295,000

    Residential Income - Zion, IL

    Lot size:
    0.20 Acres
    Days on Market:
    8
    Last Refresh:
    Dec 8 at 4:06 am

    Property Features for 2409 Gilboa Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    5
    APN
    04211250050000
    Parking
    4
    Lot size
    0.20 Acres

    Utilities

    Heating system
    Electric (Heating), Radiant

    Building Details

    Year built
    1915
    Architectural style
    Other

    Real Broker LLC (630) 439-6385 [email protected]

    Listing agent Chris Varsek (217) 960-8605 License #475178604

    Listing date Dec 1, 2025

    MLS# 12507463 Listing URL

    Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Zion Residential Income Opportunity

    This property features a five-bedroom, 2.5-bath home with potential for use as a single-family residence with an in-law suite or as a rental property. The first two floors comprise one unit with four bedrooms and 1.5 baths, featuring a large living room. The second unit, or in-law suite, includes a full kitchen, bath, living room, and a large bedroom. Both units are separately metered. As an investment property, it has the potential to generate $3,750 of monthly revenue when fully rented out. The property has a new roof (2022), new boiler (2025), new flooring throughout, and new paint. Situated on a 0.2-acre lot, this property is located in Zion, Illinois.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Zion
    County
    Lake
    State
    Illinois
    Longitude
    -87.8418361
    Latitude
    42.4516342

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    FAQs

    What type of property is this?
    Duplex - Five-bedroom home with in-law suite or rental potential.
    Where is this duplex located?
    The property is located at 2409 Gilboa Ave Zion, IL.
    What is the asking price?
    The asking price for this property is $295,000.
    What are key features of this property?
    This property features: - Potential for $3,750 monthly rental income (fully rented under Section 8 guidelines).; - Separate in-law suite/rental unit with full kitchen, bath, living room, and bedroom.; - Two units are separately metered.
    (217) 960-8605
    Request Owner's contact information
    2409 Gilboa Ave Zion, IL 60099
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    Zion, IL 60099
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2409 Gilboa Ave Zion, IL 60099
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