26198 W Spring Grove Road

Antioch, IL 60002
$865,000
This exceptional 8-unit multifamily property on Channel Lake offers stable in-place income, proven occupancy, and significant embedded upside through below-market rents and irreplaceable direct lakefront frontage. Situated on a quiet street with 140 feet of Lake Catherine shoreline, the asset provides long-term tenancy, conservative rent growth potential, and an attractive… Read MoreRead Less
Courtesy of eXp Realty (773) 630-9205
Listing Snapshot
Days Online
91
Last Updated
Lot Size
0.46 Acres
Year Built
1930
MLS Number
12711070
Property Location Map
Additional Details
Basement
Unfinished
Building
Built in 1930, Construction Materials: Stone, Wood, Vinyl Siding, Stucco
Cooling
Window Unit(s)
Expenses
Electric: $2,278, Fuel: $3,127, Insurance: $5,621, Maintenance: $957, Operating: $32,945, Trash: $2,280, Other Expense: $1,010
Fireplaces
1 fireplace
Foundation
Block
Income
Gross Income: $108,300, Gross ScheduledIncome: $105,360, Net Operating Income: $75,355
Lot
0.45 acres, Dimensions: 140X187X74X188
Roof
Composition
Sewer
Septic Tank
Taxes
Additional parcels description:, Parcel Number: 01114060240000, Annual Amount: $17,672.3, Year: 2025
Tenant Pays
Electricity, Heat
Utilities
Water Source: Well, Circuit Breakers
Water Features
Frontage Type: County Road
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Shawn Strach
Designated Managing Broker
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Listings courtesy of Midwest Real Estate Data LLC. as distributed by MLS GRID, based on information submitted to the MLS GRID as of . Information is provided exclusively for consumers' personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may be listed or sold by various participants in the MLS, who may not be the office/agent presenting the information.