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$525,000
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Property Description
RARELY AVAILABLE 3-UNIT INVESTMENT OPPORTUNITY IN WEST DUNDEE! Whether you're an investor looking to expand your portfolio or an owner-occupant seeking an opportunity live in one unit and rent out the other two, this property offers excellent potential. Live in one unit and rent the other two, or lease all three units for an income-producing investment. Unit 1 features 2 bedrooms and 1 bath on the main level, plus a family room and additional bath in the lower level. Units 2 & 3 are spacious 2-bedroom, 1-bath units with living room and kitchen on the main level and bedrooms upstairs, offering a desirable multi-level layout. All three units are currently rented month-to-month, providing flexibility for an investor or owner-occupant. Tenants pay their own gas, electric and cable/internet. A separate utility area includes individual storage closets for each unit, along with convenient coin-operated laundry. Ample parking is available in the rear of the building. Ideally located close to schools, shopping, restaurants and major transportation, this is an opportunity to own a multi-unit property in desirable West Dundee and build equity while generating rental income. Bring your investment strategy and explore the possibilities!
Full Property Details
Full Property Details for 627 Ryan Ln
General
- Price: $525,000
- Taxes: $10,889 (2025)
- Status: Active
- Type: Multi-Family
- Source: MRED
- MLS ID: 12773718
Interior
- Basement: Unfinished
Rooms
Bathrooms
- Total Bathrooms: 4
- Upper - Full Baths: 4
Bedrooms
- Total Bedrooms: 6
Additional Information
- Equipment: Cable TV
- Other Features: School Bus Service
Parking
- Total Spaces: 6
- Parking Features: Unassigned, Yes, Owned
Location
- Area: Dundee / East Dundee / Sleepy Hollow / West Dundee
- County: Kane
- Township: Dundee
- Subdivision: Dundee Highlands
- Driving Directions: Illinois Route 31 South of Route 72 to Strom - East on Strom to Ryan Lane to 627.
School Information
- School District: 300
- Elem School District: 300
- Midd School District: 300
- High School District: 300
- Elementary School: Dundee Highlands Elementary Scho
- Middle School: Dundee Middle School
- High School: Dundee-Crown High School
- Private School: Dundee-Crown High School
Heating & Cooling
- Heating Type: Natural Gas, Steam, Baseboard
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Info: Traditional
- Architectural Style: Traditional
- Construction: Brick, Frame, Stone
- Exterior Const.: Brick, Frame, Stone
- Basement: Yes
- Basement Desc.: Unfinished, Partial
- Foundation: Concrete Perimeter
- Roof: Asphalt
- Windows: Screens
- Year Built: 1969
- Built Before 1978: Yes
Unit Information
- Units in Building: 3
Additional Structures
- Other Structures: Shed(s)
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 66 x 133
- Zoning: MULTI
Financial Considerations
- Insurance Fee: $1,918
- Assessment Year: 1969
- Tax Amount: $10,889
- Tax Year: 2025
- Pays Electric: 125
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 327276007
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Schools
Schools serving 627 Ryan Ln
School District:Community Unit School District 300
| Name | Grades | Distance |
|---|---|---|
Dundee Highlands Elementary School 407 South 5th Street, West Dundee, IL 60118 | K-5 | 0.3 mi |
Oak Ridge School 300 Cleveland Avenue, Carpentersville, IL 60110 | 9-12 | 1.3 mi |
Dundee Middle School, Dundee, IL 4200 West Main Street, Dundee, IL 60118 | 6-8 | 3.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Tax History
Tax History for 627 Ryan Ln
Year
Property Taxes
Change
Tax Assessment
Change
2025
$10,890
—
$139,286
9%
2025
$10,890
11%
$127,295
11%
2023
$9,801
17%
$114,536
20%
2022
$8,375
3%
$95,062
6%
2021
$8,110
—
$89,757
2%
2021
$8,110
5%
$87,739
5%
2019
$7,743
-20%
$83,291
-18%
2018
$9,660
5%
$101,289
7%
2017
$9,243
-2%
$94,751
3%
2016
$9,445
9%
$91,742
14%
2015
$8,677
-1%
$80,594
3%
2014
$8,722
4%
$78,368
-3%
2013
$8,407
—
$80,767
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 627 Ryan Ln
627 Ryan Lane, West Dundee, IL 60118 (MLS# 12773718) is a Multi-Family property with 3 units containing 6 bedrooms and 0 full bathrooms. 627 Ryan Lane is currently listed for $525,000 and was received on October 01, 2026. Want to learn more about 627 Ryan Lane? Do you have questions about finding other Multi-Family real estate for sale in West Dundee? You can browse all West Dundee real estate or contact a Coldwell Banker agent to request more information.

