383 Lynn Drive , Manteno, IL 60950

$475,000
  • 383 Lynn Drive , Manteno, IL 60950 Main Photo

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New to the Market New
BEDS8 BATHS4 full MLS#12804478
STATUSNew PROPERTY TYPEMulti Unit - Multiple SCHOOLDistrict 5

Property Description

Welcome to 383 Lynn Drive in Manteno, Illinois! This all-brick and vinyl four-unit apartment building is part of an excellent investment opportunity, being offered for sale together with the neighboring four-unit property at 391 Lynn Drive. Both properties must be purchased together as one package, totaling eight residential units. The building features four apartments, each offering two bedrooms, one bathroom, a living room, and an eat-in kitchen. Each apartment includes its own garage, with additional off-street parking available in the rear. The building offers two apartments on the first floor and two on the second floor and shared commercial coin-operated laundry facilities. Numerous updates have been completed, including a newer roof/gutters in 2022, vinyl windows, fresh paint, LVP flooring, select appliances, and updated interior, entrance, and exterior light fixtures. Additional land is available at the rear of the property, offering potential for future rental development, subject to city approval, zoning, and applicable permitting requirements. Located in the welcoming community of Manteno, this property offers an opportunity to acquire four rental units as part of a larger eight-unit investment package.

383 Lynn Drive | MLS# 12804478

This multi-family property located at 383 Lynn Drive , Manteno, IL 60950 is currently listed for sale with an asking price of $475,000. Lynn Drive is located within the District 5 school district. Search Manteno real estate on tsuyko.gogambino.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Crawl Space
Garage: 4
Heating: Electric
Lot Size: 0.56 Acres
Roof Type: Asphalt
Taxes: $8,624
Year Built: 1973

Feature Descriptions

Exterior: Vinyl Siding, Brick
Lot Dimensions: 266x75x250.8x115
Other Equipment: CO Detectors, Sump Pump
Parcel#: 030215404016
Parking: Yes, Garage Owned, Detached, Off Street, Owned, Garage
Sewer: Public Sewer
Total Rooms: 16
Township: Manteno
Water: Public

Local Schools

High School: Manteno High School
Middle School: Manteno Middle School
Elementary School: Manteno Elementary School
School District: District 5

Listed By / Shown By

Listed By

Agency Name: Sancken Sole Realty
Agency Phone: 815-844-4104

Shown By

Agent Name: Tracy Suyko
Agent Phone: (815) 289-1130
Agency Title: Gambino Realtors

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Estimated Payment

$ 3,014.81 per month $2,157.60 Principal & Interest $718.67 Property Tax $138.54 Homeowner's Insurance

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