10 Existing Rental Townhomes & 3-Acre Adjacent Land Site

Highlights

• 10 Existing Rental Townhomes plus a 3-acre land site with current approvals for 35 new Townhomes.
• Utilities to site.
• TOD development opportunity with Metra Station very close by.
• All Architectural design and Construction drawings were completed for the 35 new Townhomes.
• Many new upgrades have been done to the 10 existing townhomes (HVAC units, landscaping and fences).
• Close to downtown Main Street, Public Library and new Market Place/ Music venue on Main Street.
• Seller Request all showings to go through the listing agent, Do Not Disturb Tenants.

Description

The subject properties being offered are a 3-acre land site with approvals for 35 new Townhomes to be built and the sale of 10 existing Rental Townhomes adjacent to the site. The land is priced at $800,000 and the 10 (Ten) existing rental Townhomes at $2,000,000 for a total of $2,800,000. The two properties, the land and existing townhomes must be bought together or coordinated to close together. Ownership has upgraded the 10 Townhouse units with new HVAC, landscaping, and fencing. Existing Units are all individually metered for heat, cooking, electric, and water which tenants pay.

Seller Request all showings to go through the listing agent, Do Not Disturb Tenants.

The subject properties consist of a 3-acre land site and the adjacent 10 existing rental townhomes located on Pamela Ctourt with frontage on Main Street, north on downtown Main Street, and just south of North Avenue in Antioch, Illinois Lake County. The properties are within walking distance of the Metra Train stop, the Public Library, and a new marketplace/music theme development in Antioch.

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