40523 N IL Route 83, Antioch, IL 60002
40523 N IL Route 83, Antioch, IL 60002
40523 N IL Route 83, Antioch, IL 60002
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Jessika Bennett

Jessika Bennett

+1(331) 684-5003
$525,000
Est. payment /mo
4,350 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family 5+

Listing Status Active

Purchase Type For Sale

Square Footage 4,350 sqft

Price per Sqft $120

MLS Listing ID 12512060

Year Built 1840

Annual Tax Amount $14,532

Tax Year 2024

Lot Size 0.640 Acres

Lot Dimensions 226X120X237X120

Property Sub-Type Multi Family 5+

Property Description

An incredible opportunity for Investors or Owner-Occupants to own a fully occupied Multi-Family Rental Property in Unincorporated Lake County offering both income stability and lifestyle appeal. Set on a beautiful, wooded, and partially fenced lot with full lake rights 60 feet deep, this property combines privacy, convenience, and charm. The units include a 2-bedroom garden apartment with private walkout entrance, a spacious 3-bedroom residence, a 1-bedroom residence with a private deck, a 2-bedroom residence with deck, and a large 1-bedroom residence featuring a fireplace, skylights, and vaulted ceilings. Tenants benefit from an on-site laundry facility, with select apartments offering in-unit laundry for added comfort and convenience. Located just off Route 83, the property offers ample parking, a dog run, and a serene setting surrounded by nature. With strong, long-term tenants and the owner currently occupying one unit, this property delivers steady income, future upside, and potential to increase the below market rents. Roof shingled July 2018, Tankless water heater October 2021, Well Pump Feb 2022, Apt 4 Furnace replaced March 2022. Sold AS-IS.

Location

State IL

County Lake

Area Antioch

Rooms

Basement Unfinished

Interior

Cooling Window Unit(s)

Fireplaces Number 2

Fireplace Y

Building

Dwelling Type Multi Family 5+

Sewer Septic Tank

Water Well

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Midwest Real Estate Data (MRED) IDX
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Vikrant Saluja of  Real Properties Realty Group, Inc. 
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Jessika Bennett

Jessika Bennett

Broker | License ID: 475.193596

+1(331) 684-5003

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40523 N IL Route 83

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