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585 Bridle CT #585 Lakemoor, IL 60051
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Key Details
Sold Price $204,000
Property Type Condo
Sub Type Condo
Listing Status Sold
Purchase Type For Sale
Square Footage 1,678 sqft
Price per Sqft $121
Subdivision The Glen At Lakemoor Farms
MLS Listing ID 11818670
Bedrooms 3
Full Baths 2
HOA Fees $188/mo
Year Built 2004
Annual Tax Amount $5,346
Tax Year 2022
Property Sub-Type Condo
Property Description
Investment opportunity and perfect for a 1031 Exchange. This fully leased condo is now for sale. The upper level home in Lakemoor has been leased to a long term quality tenant for 18 years. The tenant's current lease ends March, 2024. This home could be perfect for someone looking to start investing with little risk, or someone who needs to defer capital gains with an exchange. Owner occupied buyers are welcome but cannot take possession until the current tenant's lease ends next spring. Excellent value means you can take advantage of this unique opportunity. This neighborhood is well maintained with a nice mix of single family homes, duplexes, townhouses and condos. Beautiful large park nearby. Ponds.
Location
State IL
County Mc Henry
Area Holiday Hills / Johnsburg / Mchenry / Lakemoor /
Interior
Heating Natural Gas
Cooling Central Air
Equipment CO Detectors
Laundry Washer Hookup, In Unit
Exterior
Exterior Feature Balcony
Garage Spaces 2.0
Roof Type Asphalt
Building
Building Description Vinyl Siding,Brick, No
Story 2
Sewer Public Sewer
Water Public
Structure Type Vinyl Siding,Brick
New Construction false
New Construction false
Schools
School District 15 , 15, 156
Others
Special Listing Condition None
Pets Allowed Cats OK, Dogs OK
Read Less

© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Bought with Tami Stough of @properties Christie's International Real Estate
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Chris Buckely
IL/IN/MI Managing Broker | License ID: IN- RB17001753 | IL- 477013311
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