5208 E Wonder Lake Road
Wonder Lake, IL 60097

Status: Sold
Single Family
2 beds
1 baths
520 sq.ft
Listing Price: $125,000
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About this home

Investor Special with Tenant in Place! This investment opportunity in Wonder Lake, IL, is a gem for discerning investors. Boasting a reliable long-term tenant with a lease in place until 9/30/25, this property promises immediate rental income. With an estimated capitalization rate of 8.33%, it offers solid returns for your investment portfolio.Recently refreshed with newly painted ceilings, this property requires minimal upkeep, allowing you to focus on maximizing your returns hassle-free. Its valuable water rights add an extra dimension to its appeal, enhancing its long-term potential.Don't miss out on this exceptional investment opportunity in Wonder Lake! Take advantage of its turnkey status and start generating passive income today. Schedule a viewing and secure your investment future.

Property details

Property / Lot Details
Acreage 0.137
Lot Dimensions 50 X 120
Lot Size Source County Records
Lot Size Less Than .25 Acre
Main Sq Ft 520
Other Structures Shed(s)
Ownership Fee Simple
Total Finished/Unfinshed Sq Ft 520
Total Sq Ft 520
Type Detached 1 Story
Property Type Detached Single
Interior Features
Additional Rooms None
Aprox. Total Finished Sq Ft 520
Square Feet 520
Square Feet Source Assessor
Basement Description None
Basement Bathrooms No
Basement None
Bedrooms Count 2
Bedrooms Possible 2
Disability Access and/or Equipped No
Baths FULL Count 1
Baths Count 1
Total Rooms 4
Rooms
room 1
Level N/A
room 2
Level N/A
room 3
Level N/A
room 4
Level N/A
room 5
Level N/A
room 6
Level N/A
room 7
Level N/A
room 8
Level N/A
room 9
Level N/A
room 10
Level N/A
room 11
Type Bedroom 2
Level Main
Dimensions 10X10
room 12
Type Bedroom 3
Level N/A
room 13
Type Bedroom 4
Level N/A
room 14
Type Dining Room
Level N/A
room 15
Type Family Room
Level N/A
room 16
Type Kitchen
Level Main
Dimensions 10X10
room 17
Type Laundry
Level N/A
room 18
Type Living Room
Level Main
Dimensions 10X15
room 19
Type Master Bedroom
Level Main
Dimensions 10X12
Bath None
Virtual Tour, Parking / Garage, Exterior Features, Multi-Unit Information
Age 71-80 Years
Approx Year Built 1952
Parking Total 2
Driveway Gravel
Exterior Building Type Vinyl Siding
Exterior Property Features Deck
Foundation Concrete Perimeter
Parking Features Off Street
Garage On-Site Yes
Parking Ownership Owned
Parking Space/s
Roof Type Asphalt
MRD Virtual Tour None
School / Neighborhood, Utilities, Financing, Location Details
Air Conditioning Window/Wall Unit - 1
CommunityFeatures Street Paved
Area Major Wonder Lake
Corporate Limits Wonder Lake
Directions McCullom Lake Rd North on E Wonder Lake Rd to home.
Electricity Circuit Breakers
Elementary School Harrison Elementary School
Elementary Sch Dist 36
Heat/Fuel Natural Gas, Forced Air
High Sch Mchenry Campus
High Sch Dist 156
Sewer Septic-Private
Water Private Well
Jr High/Middle School Harrison Elementary School
Jr High/Middle Dist 36
Township McHenry

Financials

Financing Cash
LeaseExpiration 08/31/2025
Investment Profile Residential

Tax/Assessments/Liens

Master Association Fee($) $72
Frequency Annually
Assessment Includes Lake Rights
Master Association Fee Frequency Not Required
PIN 0906478004
Special Assessments N
Taxes $2,147
Tax Year 2022
$125,000 Listing Price:
MLS # 11976866
Investment Profile Residential
Listing Market Time 29 days
Basement None
Type Detached 1 Story
Parking Space/s
List Date 02/15/2024
Year Built 1952
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