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627 Ryan Lane West Dundee, IL 60118 • Multi Unit - Multiple • Contingent

  • 627 Ryan Lane, West Dundee, IL 60118 Main Photo

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Description

RARELY AVAILABLE 3-UNIT INVESTMENT OPPORTUNITY IN WEST DUNDEE! Whether you're an investor looking to expand your portfolio or an owner-occupant seeking an opportunity live in one unit and rent out the other two, this property offers excellent potential. Live in one unit and rent the other two, or lease all three units for an income-producing investment. Unit 1 features 2 bedrooms and 1 bath on the main level, plus a family room and additional bath in the lower level. Units 2 & 3 are spacious 2-bedroom, 1-bath units with living room and kitchen on the main level and bedrooms upstairs, offering a desirable multi-level layout. All three units are currently rented month-to-month, providing flexibility for an investor or owner-occupant. Tenants pay their own gas, electric and cable/internet. A separate utility area includes individual storage closets for each unit, along with convenient coin-operated laundry. Ample parking is available in the rear of the building. Ideally located close to schools, shopping, restaurants and major transportation, this is an opportunity to own a multi-unit property in desirable West Dundee and build equity while generating rental income. Bring your investment strategy and explore the possibilities!

Property Highlights

Property Type: Multi Unit - Multiple

General Information

Bedrooms: 6
Bathrooms: 4
County: Kane
High School: Dundee-Crown High School
Subdivision: Dundee Highlands
Listed By:
Century 21 Circle 224-333-0118
MRED MLS
$525,000
Est. $3,678/mo
6beds
4baths
Contingent
BEDS6 BATHS4 full MLS#12773718
STATUSContingent PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONDundee Highlands SCHOOLDistrict 300

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627 Ryan Lane, West Dundee, IL 60118.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $525,000$525,000$525,000
Down Payment $105,000$18,375$131,250
Monthly Mortgage Amount $2,794$3,430$3,403
Taxes $731$731$731
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$231$0
Monthly Estimated Total $3,678$4,545$4,287

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