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$415,000

Est. payment - /mo

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5 Beds

2 Baths

7,405 Sqft Lot

New

25 Wellington AVE Mundelein, IL 60060

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Park Place Realty Group LLC

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

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Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12440781

Bedrooms 5

Year Built 1962

Annual Tax Amount $5,947

Tax Year 2024

Lot Size 7,405 Sqft

Lot Dimensions 49.97 X 150

Property Sub-Type Two to Four Units

Property Description

Two-flat property in the heart of Mundelein. Whether you're an investor seeking reliable rental income or a homeowner looking to live in one unit while renting the other, this property checks all the boxes. The upper unit features a spacious 3-bedroom layout, ideal for long-term tenants, complete with bright living spaces and functional kitchens. The lower unit offers 2 comfortable bedrooms, a cozy living area, and its own private entrance- making it perfect for renters Unit 1 is a charming English basement apartment featuring 2 bedrooms, 1 bathroom, a kitchen, and living room. Forced air and AC,. Currently rented at $1,300/month. Unit 2 occupies the upper level and offers 3 bedrooms and 1 bathroom.It boasts hardwood floors, an updated kitchen with granite countertops and stainless steel appliances, a modern bathroom, central air, and a small private deck. This unit rents for $1,300/month. Major systems have been updated, less then 10 years a go including electrical, plumbing, and roof A common laundry area includes a coin-operated washer and dryer. Additional features include paved parking and a usable yard space. Tenants are separately metered for electricity, gas, and cable. The upstairs tenant is also responsible for electricity used by the washer/dryer, shared hallway lighting, and water heating for laundry. Contact the listing agent for more details.

Location

State IL

County Lake

Area Ivanhoe / Mundelein

Zoning MULTI

Rooms

Basement Partially Finished, Walk-Out Access

Interior

Heating Natural Gas, Steam, Radiant

Fireplace N

Exterior

Community Features Street Lights, Street Paved

Building

Dwelling Type Two to Four Units

Building Description Brick,Block, No

Sewer Public Sewer

Water Lake Michigan

Structure Type Brick,Block

New Construction false

Schools

School District 75 , 75, 120

Others

Ownership Fee Simple

Special Listing Condition None

Listed by Natan Vorobiovski • HomeSmart Connect

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Park Place Realty Group LLC

Broker | License ID: 888222

+1(708) 722-5106