🏡 Lakeside Investor Special: 124 Roosevelt Ave, Wauconda, IL 🌊🚤 For Sale

  • $175,000
  • 2 beds
  • 1 baths
  • 1000 sqft

🏡 124 Roosevelt Ave, Wauconda, IL 🌊

Prime Bangs Lake property with huge potential! This is the perfect opportunity for investors looking to add value through cosmetic rehab and updates. With the right vision, you can turn this into a high-demand lakeside retreat!

Why It’s a Great Investment:

  • Spacious layout with 2 bedrooms and 1 bath
  • Large spacious kitchen
  • Private access to Bangs Lake for boating, fishing, and stunning sunsets
  • Fantastic ARV potential after updates—boost your ROI!
  • Located in Wauconda’s desirable area, close to shops, dining, and more

🏠 Property Highlights:

  • 💰 Projected Rental Income: $2,300/month
  • Lake Access 🌊
  • 💲CASH BUYERS ONLY💲

📈 Investment Breakdown:

  • Sale Price: $175,000
  • Estimated Rehab Costs: $20,000
  • After Repair Value (ARV): $245,000

🏠 Comparable Sales (Comps):

  • 💰 $246,500 – 1016 Highland Ave, Wauconda, IL 60084

Don’t miss out on this rare opportunity to invest in a lakeside property with endless upside potential! 🌅

📲 Text or call Hassan at 773-514-3608 for more details or to schedule a showing!

 

Price:
$175,000
Address:
124 Roosevelt Ave
Wauconda, IL 60084
Square Feet:
1000
Lot Size:
3999 sqft
Bedrooms:
2
Bathrooms:
1
Terms:
For Sale
Property Type:
Home
Year Built:
1940
Const. Type:
Frame

Additional Features

Property is sold as-is and buyer is to pay ALL closing costs. Buyers should do their own due diligence when evaluating the property. No representations written or oral are made concerning the property above. Home Sales Chicagoland’s members or employees make no guarantee concerning condition, value, characteristics or financial benefit of the property. Price is based on cash or hard money offer and is net to seller. All offers require a $5,000 non-refundable security deposit. Estimated rehab and after repair value (ARV) mentioned above are estimates only. Buyer should verify their own renovation numbers and dollar amounts.

Call (773) 663-4505 for more details

Property Location