See all 25 photos

$725,000

Est. payment - /mo

Save

3 Beds

4 Baths

New

789 N Mckinley RD Lake Forest, IL 60045

Save

REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.

In-PersonVirtual Tour

Sat

Jun

Sun

Jun

Mon

Jun

Park Place Realty Group LLC

info@parkplacerealtyllc.com +1(708) 722-5106

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12370830

Style Traditional

Bedrooms 3

Year Built 1910

Annual Tax Amount $10,959

Tax Year 2024

Lot Dimensions 40 X 115

Property Sub-Type Two to Four Units

Property Description

Rare investment opportunity, own a 4-unit multifamily home in downtown Lake Forest at a great price! Fantastic location near Metra commuter rail and bike trails, Lake Forest Library, Market Square, and access to grocery and retail shops. Two units in front, one on the main level, feature hardwood floors and tall ceilings, a large foyer entry, a wood-burning fireplace with bay windows in the living room, a one-bedroom, one-bath unit, and a kitchen. The front second-level unit features a carpeted living space, a kitchen with an adjacent dining or sunroom, a decent-sized pantry closet, a single bedroom, and a full bathroom with a tub. There are two units at the back of the building. The first floor is a studio, accessible from the side of the building, that features hardwood floors, a kitchen, and a bath. The second-level unit, featuring hardwood floors, comprises a living space (or second bedroom), a kitchen, a bedroom, and a bath with a tub. The unfinished basement, featuring a common walk-out, includes a washer and dryer shared by all four units, as well as individual storage. This home is equipped with a newer water heater, boiler heat, individual electricity panels, and window air conditioning. No parking is included, but well-lit overnight parking can be purchased across the street in the city lot. The drive and alley are access-only. Sold "as-is", no warranties.

Location

State IL

County Lake

Area Lake Forest

Zoning MULTI

Rooms

Basement Unfinished, Exterior Entry, Storage Space, Full, Walk-Out Access

Interior

Heating Natural Gas

Equipment CO Detectors, Water Heater-Gas

Fireplace N

Exterior

Community Features Curbs, Sidewalks, Street Lights, Street Paved

Roof Type Asphalt

Building

Dwelling Type Two to Four Units

Building Description Vinyl Siding, No

Sewer Public Sewer

Water Lake Michigan, Public

Structure Type Vinyl Siding

New Construction false

Schools

Elementary Schools Sheridan Elementary School

Middle Schools Deer Path Middle School

High Schools Lake Forest High School

School District 67 , 67, 115

Others

Ownership Fee Simple

Special Listing Condition None

Listed by Flor Hasselbring • Compass

Get More Information

Park Place Realty Group LLC

Broker | License ID: 888222

+1(708) 722-5106