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$800,000

  • Sold
  • Closed
  • Store
  • 2,500 Sq. Ft.
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Chain O' Lakes WATERFRONT Income Property! This fantastic opportunity to jump right in to a cash flow positive opportunity with 8 rental units that are currently used a short term rentals and are rented year round and a nicely updated bar that is currently leased. Main building has been updated and is up to current code. New roof 2018. NEW FLOOR with CONCRETE and STEEL BEAMS, NEW WALLS inside per commercial and residential code. Electric, alarm, parking lot, sea wall remodeled. Recent New Well Installed 5/2021. Rental units were also updated in late 2021 into early 2022. 168' frontage of chain access, permit approved site for 18 boat slips and additional income. Perfect retreat for boaters and winter sports. Opportunity to continue with bar/tavern business & rental income. Large deck overlooking backyard & lake!! Contact List or Co-List Agent Dan Gleason at 8155294762 with questions and to schedule tour.

Full Property Details for 39151 N Jackson Dr

General

  • Sold For: $800,000
  • Taxes: $14,142 (2022)
  • Status: Closed
  • Type: Store
  • Source: MRED
  • MLS ID: 11817913
  • Added to Site: 982 day(s) ago

Interior

  • Interior Features: Accessible Entrance, Public Restroom(s)

Additional Information

  • Security/Safety: Fire Extinguisher(s)

Parking

  • Parking Features: 19 to 30 Spaces

Location

  • Area: Spring Grove
  • County: Lake
  • Driving Directions: State Park & Grass Lake East to Lake Shore Drive to Jackson Drive to the resort.
  • Location Details: Northwest Suburban, Lakefront, Waterfront, Water View

Heating & Cooling

  • Cooling Type: Central Air Conditioning, Window Unit(s)
  • Heating Type: Forced Air

Utilities

  • Onsite: Other

Structural Information

  • Construction: Wood Frame, Other
  • Roof: Composition
  • Stories/Levels: 2
  • Square Feet: 2,500
  • Current Bldg. Use: Commercial
  • # of Stores: 1
  • Year Built: 1940
  • Built Before 1978: Yes

Lot Features

  • Lot Size (Sq. Ft.): 32,811
  • Lot Dimensions: 175 x 214.5 x 209 x 259
  • Frontage: Public Road
  • Potential Use: Commercial, Single Family, Retail, Other
  • Zoning: COMMR

Financial Considerations

  • Operating Expenses: $21,790
  • Security Deposit: Fire Extinguisher/s
  • Assessment Year: 1940
  • Tax Amount: $14,142
  • Tax Year: 2022

Disclosures and Reports

  • Property ID: 1273070010000

Listed by Keller Williams Success Realty
Sold by Keller Williams Success Realty

Listing agents

— 39151 N Jackson Dr —

  • Keller Williams Success Realty

Get Pre-Approved Today

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with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 39151 N Jackson Dr

School Districts:Fox Lake Grade School District 114, Grant Community High School District 124
NameGradesDistance
Lotus School
29067 W Grass Lake Rd, Spring Grove, IL 60081
PK-40.6 mi
Stanton School
101 Hawthorne Lane, Fox Lake, IL 60020
5-83 mi
Grant Community High School
285 East Grand Avenue, Fox Lake, IL 60020
9-122.7 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 39151 N Jackson Dr

Date
Details
Price
Change
Source
6/21/2024
Sold
$800,000
-11.11%
MLS
6/27/2023
Listed
$900,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Keller Williams Success Realty
Sold by Keller Williams Success Realty

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39151 N Jackson Drive, Spring Grove, IL 60081 (MLS# 11817913) is a Store property that was sold at $800,000 on June 21, 2024. Want to learn more about 39151 N Jackson Drive? Do you have questions about finding other Store real estate for sale in Spring Grove? You can browse all Spring Grove real estate or contact a Coldwell Banker agent to request more information.