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$280,000 / 2br - Investment Properties/ Vacation Retreat for sale by owner (Fox Lake)
51 Oak Hill Colony apt 4, Fox Lake, IL 60020
51 Oak Hill Colony apt 4 near State Park Rd
2BR / 1Ba
available now
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These units are great rentals properties, I currently have all 3 occupied with brand new leases signed this year.
Location: Perhaps the best feature, waterfront with views, direct water access to the Chain O' Lakes, 15 miles away from Six Flags amusement park in Gurnee IL. 2 Miles from the Chain O' Lake State Park, down the road from a golf course. This community is one of the most popular spots in all of Fox Lake IL.
Community has walking trails, baseball, basketball, seasonal pool and club house, tennis court, 24/7 security/ water access.
All units include an affordable boat slip ($800 annual) as well as 2 parking spaces in a gated community.
51 - 4 Oak Hill Colony (Cap Rate 6%) $150,000 / OBO Tenant occupied at $1600 /mo
2 bedroom 1 bath
Ranch ground floor unit,
Vehicle access for convenience and water front views.
Special features include:
HVAC
Tiled Shower
New Appliances
26 Jamaica Colony apt 4 (Cap Rate 10%) $65,000 / OBO Tenant occupied at $900/mo
Studio 1 bath
Ground floor unit
Corner Unit - 1 extra view and 1 less neighbor
Vehicle Access
26 Jamaica Colony apt 8 (Cap Rate 10%) $65,000 / OBO Tenant occupied at $900 / mo
Studio 1 bath
Corner Unit - 1 extra view and 1 less neighbor
Vehicle Access
Studios are upstairs and downstairs end units - You have the opportunity to control the corner and both upstairs and downstairs units, rare opportunity!
Special offer: $60,000 per studio if you purchase both ($10,000 savings)!