$589,000 Price Analysis 5918 Park Ridge RdLoves Park, IL 61111 2 bed 3 bath 2,468 SqFt ($238/SqFt) 1.56 acre lot. Built 2009 Listed 2024-04-18, Taxes $5,951 | ✓ USDA Eligible near Loves Park, IL Restrictions may apply due to home size |
Welcome to a stunning WATERFRONT 1.56-acre property that overlooks the Rock River. You will be amazed by this fantastic property, which operates as an Airbnb/events venue with outdoor commercial bathrooms and can also be used as a pleasing residential property. This commercial building is a masterpiece and was built in 2009. It has a lovely wooded cathedral ceiling, gas fireplace and open space for the kitchen, dining and living room, making it the perfect place to entertain and relax. There are two sizeable bedrooms, one with a walk-in shower and the other with a large Jacuzzi bathtub, a half-bath and plenty of storage space.
The property also features a 2-car garage underneath the back of the hous, with plenty of extra room for storage. This exceptional property is fully furnished and turnkey, making it an attractive option for those who want to start their own business or those looking for a pleasing residential property. It is zoned for commercial and residential use, making it an excellent investment opportunity. The sale includes two lots, providing limitless possibilities for its use. Boat access to the Rock River, both loading and unloading, is also available. Don't miss out on this incredible opportunity to own such a UNIQUE, STUNNING property with end less OPPORTUNITIES and POSSIBILITIES!
Presented by Mike & Nara Real Estate Team at
Keller Williams Realty Signature.
Property MLS #202401732 from NorthWestILAlliance
Year | Assessments Building + Land Total | Tax |
---|---|---|
2021 | $37,397 + $21,637 $59,034 | $5,951 |
2020 | $35,354 + $20,455 $55,809 | $5,476 |
2019 | $33,696 + $19,496 $53,192 | $5,620 |
2018 | $31,757 + $18,375 $50,132 | $5,875 |
2017 | $30,392 + $17,585 $47,977 | $5,721 |
2016 | $29,822 + $17,255 $47,077 | $5,662 |
2015 | $29,822 + $17,255 $47,077 | $4,390 |
2014 | $29,824 + $17,257 $47,081 | $4,339 |
2013 | $31,684 + $18,333 $50,017 | $4,418 |
2012 | $33,603 + $19,443 $53,046 | $4,469 |
2011 | $35,413 + $20,490 $55,903 | $4,411 |
2010 | $26,624 + $21,566 $48,190 | $3,420 |
2008 | $8,730 + $21,217 $29,947 | $2,504 |
2007 | $8,333 + $20,251 $28,584 | $2,358 |
2006 | $958 + $25,962 $26,920 | $2,263 |
The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.