tomo logo

$89,895

Beds
2
Baths
1.0
sq ft
890

38441 N 7th Ave, Spring Grove, IL 60081

38441 N 7th Ave

Spring Grove, IL 60081

  • 63 days on market
    • Price drop $10,004↓
A rare. one-time opportunity, to get TWO HOUSES (totaling approx. 1500 sq. ft.) and FIVE out buildings for ONE money (less than 45,000 dollars per house). Houses are located on private, nearly, fully fenced-in (approx. 600 feet of fence), OVER 1/2 ACRE lot (one PIN) on paved, dead-end street in a neighborhood of upscale homes. Per the Lake County Central Permit Facility located in Libertyville, IL, "the second single-family dwelling unit is properly considered LEGALLY nonconforming" and is allowed to remain on the property as described in letter (SELLER has letter from LAKE COUNTY indicating this). HOUSE CLOSEST TO STREET, with approximately 608 square feet, has front and rear decks, foyer, kitchen, bath (like new condition bathtub and surround), bedroom, and large living room. REAR 1.5 STORY HOUSE with newer roof has approximately 890 square feet with screened porch (with 6-foot wide french door accessing porch), large kitchen (with high-end, expensive " SCHROCK handcrafted cabinetry" - kitchen cabinets and TWO SKYLIGHTS), large bath (like new condition bathtub and surround), large living room and 2 bedrooms (one extra large on second floor). The electric meter and gas meter servicing BOTH HOUSES have been REMOVED by the utility companies (thereby providing NO electricity or natural gas to property for inspections or any other reasons). The as-is refrigerators and as-is stoves are included in purchase price and the TWO boats, lawn mower, rototiller and extension ladder located on property will be removed by seller prior to closing (ALL OTHER PERSONAL property located on property at closing will be INCLUDED IN SALE). The entire property including BOTH HOUSES AND FIVE OUT BUILDINGS are AS-IS AND SHOWN, NEEDING REPAIRS with DUE-DILIGENCE REQUIRED. Potential property options are: 1) owner-occupy both houses, 2) owner-occupy one house and rent income from second house, 3) rent income from BOTH HOUSES. Photos 17-35 are REAR HOUSE and photos 36-48 are FRONT HOUSE.

Details

Property type

Single Family Residence

Lot size

0.52 acres

Price per sq ft

$102

Year built

1940

Annual property taxes

$4,648

Price History

03/28/2025
MRED

MRED #12279271

Price change
$89,895
-10.01%
03/03/2025
MRED

MRED #12279271

Price change
$99,899
-23.1%
01/28/2025
MRED

MRED #12279271

Listed
$129,900
+394.86%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Grant Community High School

School district: 

Grant Community High School

Similar Homes Nearby

Price drop
MRED
$110,900
2 bd
|
1 ba
|
690 sq ft
|
Condo

11 Saint Thomas Colony Unit 4, Fox Lake, IL 60020

MRED
$139,000
2 bd
|
1 ba
|
690 sq ft
|
Condo

54 Vail Colony Unit 9, Fox Lake, IL 60020

Pending
MRED
$111,900
2 bd
|
1 ba
|
690 sq ft
|
Condo

16 Saint Thomas Colony Unit 1, Fox Lake, IL 60020

Status: Active

Tomo last checked: 04/02/2025 at 4:05 AM

Listing updated: 04/02/2025 at 12:09 AM

Listed by: Stephen Poltera, Poltera, Stephen Phone #: (815) 575-6869

MLS: MRED #12279271

MRED logo

Recently listed in Spring Grove