$445,000

Estimated payment $2,803/month

6 Beds
4 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Heating Available
  • Oswego High School Rated A-
  • 1-minute walk to Augusta Lake Park

About This Home

Well performing rental property featuring two units, each with 3 bedrooms, 1.5 bath. Laundry hook ups in each unit. New roof in 2023. New asphalt driveways. New water softener and refrigerator in 2022. New roof in 2023. Windows & siding were replaced about 8 years ago. Electric baseboard heat. 3 window air conditioners for each unit. One of the units was renovated in 2022 (new kitchen, bathroom and porcelain tile floor). Both tenants are long term with leases through 2026 & 2027.

Listing Agent

zani semovski

Charles Rutenberg Realty of IL License #475164860 Listed on: 09/22/2025

Charles Rutenberg Realty of IL

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,430

Year Built

  • Built in 1971 | Remodeled in 2022

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 70 x 157

Home Design

  • Asphalt Roof

Interior Spaces

  • 2-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 4 Bathrooms

Parking

  • 6 Parking Spaces
  • Driveway

Utilities

  • Heating Available
  • Private Water Source
  • Lake Michigan Water

Community Details

Overview

  • 2 Units
  • Marina Terrace Subdivision

Building Details

  • Insurance Expense $1,956
  • Maintenance Expense $300
  • Water Sewer Expense $2,963
  • Gross Income $40,800
  • Net Operating Income $29,443

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,430

Year Built

Built in 1971 | Remodeled in 2022

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Subdivision Name: Marina Terrace
  • Year Built: 1971
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2022
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2022

Interior Features

  • Basement: None
  • Total Bathrooms: 4
  • Total Bedrooms: 6
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 2
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Window Air Conditioner,Laundry Hook-Up
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 445000
  • Roof: Asphalt
  • Waterfront: No

Garage/Parking

  • Parking Features: Driveway, On Site, Owned
  • ParkingTotal: 6

Utilities

  • Sewer: Public Sewer
  • Heating: Electric
  • Water Source: Lake Michigan, Private

Fee Information

  • Water Sewer Expenses: 2963
  • Other Expenses $: 1108

Schools

  • Middle/Junior School District: 308

Lot Info

  • Lot Size Acres: 0.25
  • Lot Dimensions: 70 x 157
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Multi Family

  • Net Operating Income: 29443
  • Insurance Expense: 1956
  • GrossIncome: 40800
  • Maintenance Expense: 300
  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Story Unit/s

Tax Info

  • Tax Annual Amount: 5430
  • Tax Year: 2024

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,428 $68,577 $18,065 $50,512
2023 $5,223 $63,497 $16,727 $46,770
2022 $5,223 $58,794 $15,488 $43,306
2021 $5,155 $55,994 $14,750 $41,244
2020 $4,821 $51,846 $13,657 $38,189
2019 $4,793 $50,734 $13,657 $37,077
2018 $4,592 $46,976 $12,645 $34,331
2017 $4,561 $45,170 $12,159 $33,011
2016 $4,387 $42,815 $11,525 $31,290
2015 $4,385 $40,776 $10,976 $29,800
2014 $2,318 $40,776 $10,976 $29,800
2013 $2,318 $41,188 $11,087 $30,101
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/22/2025 09/22/25 For Sale $445,000 -- --
Source: Midwest Real Estate Data (MRED)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $263,000 First American Title
Deed $75,000 --
Source: Public Records

Source: Midwest Real Estate Data (MRED)

MLS Number: 12472764

Midwest Real Estate Data (MRED)

APN: 03-08-104-001