26048 West Forest Avenue

Antioch, IL 60002

$900,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Welcome to your dream investment property with 115 feet of Lake Marie frontage! This stunning Lake Marie lakefront retreat boasts not one, but two legal rental units, perfect for lucrative short-term rentals or as your getaway with rental income potential. The upper unit offers spacious living with three bedrooms and two bathrooms. The kitchen, eating area and family room flow seamlessly together. The kitchen has a breakfast bar, room for a large table to tons of counter space. You'll always be in...Welcome to your dream investment property with 115 feet of Lake Marie frontage! This stunning Lake Marie lakefront retreat boasts not one, but two legal rental units, perfect for lucrative short-term rentals or as your getaway with rental income potential. The upper unit offers spacious living with three bedrooms and two bathrooms. The kitchen, eating area and family room flow seamlessly together. The kitchen has a breakfast bar, room for a large table to tons of counter space. You'll always be in the action as the kitchen is open to the cozy living room with a fireplace. You'll enjoy panoramic views of Lake Marie from both. The master suite is a sanctuary unto itself, featuring a luxurious ensuite bathroom with a large tub for unwinding after a long day. The two additional bedrooms share a well-appointed bathroom. Convenience is key with in-unit laundry facilities, ensuring your guests have everything they need for a comfortable stay. Step outside onto the lakefront deck and soak in the breathtaking views while enjoying your morning coffee or evening cocktail. The lower unit is equally inviting, offering two bedrooms plus a den and two full bathrooms. Imagine relaxing on the lakefront patio, taking in the serene surroundings and listening to the gentle lapping of the waves. The two units are connected by a staircase if you have a large group and want to spread out to both units. But the beauty doesn't stop there. This property is designed for outdoor enjoyment with two fire pit areas, perfect for cozy evenings under the stars. A lakefront stamped concrete patio provides ample space for entertaining or simply lounging lakeside. For water enthusiasts, there's a pier, making it easy to explore the pristine waters. Don't miss out on this rare opportunity to own a piece of paradise with endless rental potential. Property is being sold turn key so you can start enjoying it on day 1! Schedule your showing today and start living the lake life you've always dreamed of!
  1. Listed by Patricia Smarto • Lakes Realty Group

Property Details for 26048 West Forest Avenue

Area
Antioch
Township
Antioch
Zoning
OTHER
LISTING UPDATED: 08/23/2024 05:35 AM

Property Details for 26048 West Forest Avenue

StatusActive
MLS #12138975
Days on Market119
Taxes$14,001 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale
Year Built1978
Lot Size0.39 AC / 17,001 SF
CountyLake County

Building Information for 26048 West Forest Avenue

Stories2Residences2Year Built1978Lot Size0.39 AC / 17,001 SF

Property Information for 26048 West Forest Avenue

General Information
Addtl Parking Information
  • Outdoor Parking: 6-12 Spaces
Location and General Information
  • Frontage Type: County Road
  • Geographic Locale: North Suburban
  • Information: None
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: Central Air
  • Electric: Service - 101 to 200 Amps
  • # Of Washers: 2
  • Heat/Ventilation: Forced Air,Gas
  • # Of Refrigerators: 2
  • # Of Dryers: 2
  • # Of Dishwashers: 2
  • Num of Baths: 0.0
Exterior Features
  • # Of Apts: 2
  • Misc Outside: Balcony/ies,Patio,Storms and Screens (as exist)
Property/Lot Information
  • Tenant Pays: Other
  • Built Before 1978: No
  • Approximate Age: 36-50 Years
  • Lot Dimensions: 61X200X115X190
  • Lot Size Square Feet: 17001.0
  • Stories: 2
  • Exterior Building Type: Steel Siding, Frame
  • Fire Protection: Carbon Monoxide Detector(s)
  • Foundation Details: Concrete Perimeter
  • Building Area Total: 2400
  • # Of Offices: 0
  • # Of Ranges: 2
  • # Of Stores: 2
  • Property Sub Type: Mixed Use
  • MRD_UNC: No
Property and Assessments
  • Possible Use: Multi-Family, Other
  • Public Document Count: 4
  • Document Date: 2024-08-15T14:00:17
  • Photos Count: 41
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 2
Income & Expenses
  • Electric Expense: $1,787.00
  • Fuel Expense: $.00
  • Gross Income: $38,138.00
  • Gross Scheduled Income: $38,138.00
  • Insurance Expense: $.00
  • Electric Expense Source: Actual
  • Expense Year: 2024
  • Other Expense Source: Actual
  • Total Monthly Income: 0
  • Other Expense: $3,131.00
  • Trash Expense: $723.00
  • Water Sewer Expense: $320.00

Property History for 26048 West Forest Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 26048 West Forest Avenue

Taxable ValueLand$26,952Additions$111,955Total$138,907
Tax Record2023$11,996 ($1,000 / month)
Home Facts
Beds4Baths2Total Finished SqFt1,600 SqFtAbove Grade Finished SqFt1,600 SqFtStories1Lot Size17,001 SqFtStyleSingle Family ResidenceYear Built1978CountyLAKEAPN01-14-212-045Fireplace TypeHas Fireplace

Schools near 26048 West Forest Avenue

This home is within Chsd 117 School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 2 to 5
Rating
School
Distance
W C Petty Elementary School
PublicK to 5

Antioch Upper Grade School
Public6 to 8

Antioch Community High School
Public9 to 12

Antioch Elementary School
Public2 to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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26048 West Forest Avenue is a mixed use property for sale in Antioch, IL 60002. This property was listed for sale on August 15, 2024 by Lakes Realty Group, it's currently listed at $900,000. It has been on the market for a total of 119 days and was last sold on November 4, 2020. This listing's school districts are Chsd 117 School District, Antioch Central Consolidated School District 34. Nearby schools include W C Petty Elementary School, Antioch Upper Grade School and Antioch Community High School. 26048 West Forest Avenue is a 0-bed, 0-bath, mixed use property built in 1978.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Lakes Realty Group

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Based on information submitted to the MLS GRID as of 08/23/2024 05:35 AM. 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 or may not be listed by the office/agent presenting the information.