2011 Kemble Ave North Chicago, IL 60064
- Residential income homes
Current Use by Public Records
- Residential income homes
Property Details for 2011 Kemble Ave
- Property type
- Residential income homes
Description
This exceptional investment opportunity presents a portfolio of six brand-new single-family homes in North Chicago, Illinois, currently under construction and available for sale. Located at 2011 Kemble Ave, North Chicago, IL 60064, this bulk sale offers a compelling entry point into the lucrative rental market. Each home boasts a spacious lot measuring 55 feet wide by 125 feet deep, providing ample outdoor space for future tenants. The homes are designed with attractive layouts and high-end interior finishes, ensuring strong rental demand. All homes include a garage, adding further value and appeal. The anticipated occupancy date is September 1, 2025. The asking price for the entire portfolio is $500,000. This represents a wholesale price of $500,000 per unit, however, offers are welcome. The property is being sold as an owner/user investment, ideal for those seeking a hands-on approach to real estate investment. New appliances and modern construction throughout guarantee minimal maintenance and maximum return on investment. This is a rare opportunity to acquire a turnkey rental portfolio in a desirable location. Don't miss out on this chance to build a substantial rental income stream. The property is situated in Lake County, Illinois, offering easy access to local amenities and transportation. This is a new construction project, offering the benefit of modern building codes and energy-efficient features.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- North Chicago
- County
- Lake
- State
- Illinois
- Longitude
- -87.854943374028
- Latitude
- 42.322088026752