2040 Hermon Avenue, ZION IL 60099 Photo 1 2040 Hermon Avenue, ZION IL 60099 Photo 2 2040 Hermon Avenue, ZION IL 60099 Photo 3 2040 Hermon Avenue, ZION IL 60099 Photo 4
Listing Courtesy of Chase Real Estate, Llc

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2040 Hermon Avenue - There are 7 homes in this Rent-to-Own portfolio. One of the 7 is a 3-unit so there is a total of 9 units. All of the single-family homes have a Rent-to-Own contract. Cash on Cash (self-managed) is 10.91%. If the new owner wanted the current management company to continue, the Cash on Cash would be 8.65%. The contracted purchase prices of the RTOs + the reasonable value of the 3-flat is $1,025,000. 115 S Oplaine Road Gurnee $1500 Rent 2040 Hermon Avenue Zion $1350 Rent 24 S Gretta Avenue Waukegan $1200 Rent 464 Glendenning Place Waukegan $1525 Rent 205 Harding Avenue Waukegan $1400 Rent 414 Cory Avenue Waukegan $1400 Rent 802 N Orchard Ln Waukegan (3-Unit) $3250 Rent

Listing information

  • MLS® ID: 09338811
  • Beds: 4
  • Total Rooms: 7
  • New Construction: No
  • Estimated Annual Taxes: $2,255
  • Style: 2-Story
  • Baths: 2 (Full: 2 3/4: 0 1/2: 0 Other: 0)
  • Stories: 0
  • Foreclosure: No
  • County: Lake
  • Year Built: 1914
  • Status: Active
  • Parking Type Description: Detached 2 cars
  • Total Square Footage: 1,456 ($635.30 per sq. foot)


Additional Rooms No additional rooms
Age 100+ Years
Air Conditioning Central Air
Area Zion
Assessment Includes None
Basement Full
Basement Bathrooms (Y/N) No
Basement Description Unfinished
Built Before 1978 (Y/N) Yes
Disability Access and/or Equipped No
Driveway Off Alley
Exterior Building Type Stucco
Exterior Property Features Patio
Foundation Other
Garage On-Site Yes
Garage Ownership Owned
Garage Type Detached
General Information None
Heat/Fuel Forced Air, Gas
Interior Property Features Hardwood Floors
Is Parking Included in Price Yes
Lot Description Fenced Yard
Lot Size .25-.49 Acre
Master Association Fee No
Master Bedroom Bath None
Other Bedrooms (Below Grade) - 0, Special Service Area - N, Tax Year - 2015, Total Full/Half Baths - 2, Township - Zion
Ownership Fee Simple
Parking Garage
Possession Closing
Property Type Detached Single
Recent Rehab (Y/N) Yes
Roof Type Asphalt/Glass (Shingles)
Sewer Sewer-Public
Special Assessments N
Type Detached 2 Stories
Virtual Tour None
Water Public
Waterfront (Y/N) No


Dining Room Main Level 9X10
Kitchen Main Level 9X15
Living Room Main Level 10X15
Bedroom 2 2nd Level 10X12
Bedroom 3 2nd Level 10X12
Bedroom 4 2nd Level 9X12
Master Bedroom 2nd Level 10X18
Listing Courtesy of Chase Real Estate, Llc