Homes for sale - 130-132 Meadows CIR, Crown Point, IN 46307

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Lenny Feil

lenfeil@yahoo.com +1(708) 870-0514

$ 305,000

Est. payment | -/mo

4 Beds

3 Baths

17,424 SqFt

Save

$ 305,000

Est. payment | -/mo

Save

4 Beds

3 Baths

17,424 SqFt

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 17,424 sqft

Price per Sqft $17

Subdivision The Meadows

MLS Listing ID 817154

Bedrooms 4

Full Baths 3

HOA Fees $30

Year Built 1995

Annual Tax Amount $4,660

Tax Year 2023

Lot Size 0.400 Acres

Acres 0.4

Property Sub-Type Duplex

Property Description

Discover a fantastic investment opportunity with this updated two-unit ranch duplex, perfectly situated in the heart of Winfield, within the highly sought-after Crown Point school district! This property is ideal for investors looking to generate strong rental income or a homeowner seeking to offset their mortgage by living in one unit while renting out the other. Each unit is vacant and move-in ready, allowing a new owner the freedom to handpick tenants. With estimated market rents of 1,500 per month per unit, this duplex offers great potential for cash flow. Additionally, the Homeowners Association (HOA) fee of just 30 per unit covers mowing and snow removal, ensuring easy maintenance year-round. The property has been recently updated with fresh paint and brand-new bathrooms, providing a modern and inviting space for future occupants. The well-designed ranch-style layout maximizes functionality, offering comfortable living areas in both units. With a 9% cap rate, this property is positioned to offer strong returns based on its potential rental income of 28,000 annually. This makes it an excellent opportunity for investors seeking profitable properties in a prime location. Located in a prime area of Winfield, this duplex provides convenient access to shopping, dining, and recreational amenities while being part of a top-rated school system. The combination of location, updates, and investment potential makes this a must-see property!

Location

State IN

County Lake

Interior

Interior Features Ceiling Fan(s), High Ceilings, Laminate Counters

Heating Forced Air

Fireplace N

Appliance Dishwasher, Washer, Refrigerator, Range Hood, Gas Range, Dryer

Exterior

Exterior Feature None

View Y/N true

View true

Building

Lot Description Back Yard, Corner Lot

Story One

Schools

School District Crown Point

Others

HOA Fee Include Maintenance Grounds,Snow Removal

Tax ID 451709103009000047

SqFt Source Assessor

Acceptable Financing NRA20250306205510169396000000

Listing Terms NRA20250306205510169396000000

Pets Allowed Dogs OK

Listed by RE/MAX Lifestyles

GET MORE INFORMATION

Lenny Feil

Broker-Owner | Lic# 471005412

lenfeil@yahoo.com

+1(708) 870-0514

4155 147th St, Midlothian, IL, 60445, USA

130-132 Meadows CIR Crown Point, IN 46307

Lenny Feil

Key Details

Location

Interior

Exterior

Building

Schools

Others

130-132 Meadows CIR