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55+ Residential Income Property
For Sale
$89,500

1074 Lakeview Rd, Elgin, IL 60123

Three-bedroom home with an open layout, screened porch, and access to extensive community recreation.

Property SizeContact for details
Days on Market14

Property Features for 1074 Lakeview Rd

General Information

Standard status Active
Property subtype Manufactured In Park
Listing Agency: Vylla Home
Listed By: Jennifer Long · License #475183992
Source: Exprealty
Added: Aug 26 Changed: Sep 7 Last Checked: Sep 8 at 9:48AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Vylla Home

Investment Insights

Based on property information with market context.

This residential income property is a three-bedroom, two-full-bath home in a 55+ community. The interior has an open floor plan, while the primary bedroom includes both a garden tub and a separate shower. A screened porch extends the living area, and the roof and flooring were updated in 2023.

Community amenities include a pool, tennis facilities, fitness center, stocked lake, beach access, fishing, shuffleboard courts, and horseshoe pits. Association services include mowing and snow plowing. The home is positioned near the lake for convenient access to the community’s waterfront amenities.

Key Highlights

  • Three‑bedroom, two‑full‑bath home with an open floor plan
  • Roof and flooring updated in 2023
  • Screened porch and primary suite with garden tub and separate shower

Property Analytics

Current Use

Residential income properties

Suggested Use

Top Pick Parking Lot & Garage Law Firm (Bike/Boat/Book/etc) Store Carpet & Flooring Store Home Appliance Store Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

317
Businesses Nearby

Demographics for 60123, IL

47,932
Population
18,129
Households
2.6
Avg Household Size
37
Median Age
24%
College-Educated
84%
High-School Grad
14.0 sq mi
ZIP Area
3,424
Density / Sq Mi
$86,762
Median Household Income
$40,288
Median Earnings
$1,226
Median Rent
$242,200
Median Home Value
Rey
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Frequently Asked Questions

What type of property is this?
Residential income property - Three-bedroom home with an open layout, screened porch, and access to extensive community recreation.
Where is this residential income property located?
The property is located at 1074 Lakeview Rd Elgin, IL.
What is the asking price?
The asking price for this property is $89,500.
What are key features of this property?
This property features: Three‑bedroom, two‑full‑bath home with an open floor plan; Roof and flooring updated in 2023; Screened porch and primary suite with garden tub and separate shower
More about this property
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