11294 N 200 W, Lake Village, IN

Name: 11294 N 200 W, For Sale in Lake Village - eXp Commercial Brokerage
Brand: RE/MAX Executives
SKU: 822807
Price: 150000 CAD

House

For Sale

$--,---,---

320

Key Facts
Description
Rooms
Map

Key Facts

Type Single Family Residence

Levels Residential

Size 1600 sqft

Garage No

Taxes $3,223

Days Active 14

Lot Size

Approx. Age 1965

Avg. Price Per Sqft $93

MLS® Number 822807

Property Address:

Average square foot calculated using Size range provided by listing agent.

Description

Over 5 HEAVILY WOODED ACRES within a stones throw of the Grand Kankakee River. This estate lies in the far southeast corner of Sumava Resorts and offers total seclusion and privacy while perched upon THE HIGHEST ELEVATION in the area. Offered to the public for the first time, this well built and I do mean well built (walkout basement foundation is rock solid and bone dry on sand knoll and framing members are sturdy and up to code) is ready for it's next owner after 60 years in the same family. A DIY or investor opportunity as all that is needed is clean up and cosmetics, but is completely habitable in its as is state. Tenants currently leasing and wanting/willing to stay if desired by next owner, an easy cash flowing opportunity with rent well under market rate and plenty of room for increase. Dedicated electric service meters on each level with separate ingress and egress to host multiple tenants allows easy conversion to multi unit to increase cash flow with minimal effort. If the idea of landlord doesn't fancy you, rest assured this is a fantastic equity play for entry level buyer or tradesman with the know how to pour a little sweat equity into property for a sprawling single family home with potential for 3, 200 square feet of living space under roof. Currently offering 3 beds and 1 bath on main level, with walkout basement equipped with dedicated kitchenette and bath. Sitting in the cradle of Kankakee River Valley, the property is flanked by mature woods, 100s of acres of corn/soybean fields, and river channels and is a major crossing area for whitetail and water fowl from river to Northern Newton County woods, fields, and prairie. An ideal hunting and fishing lodge for those looking for an affordable retreat while still being in close proximity to Chicago Land. Less than 1 mile from LaSalle Fish and Wildlife Area, a Mecca for outdoorsmen, offering public boat launch, river access, trails, and an additional 4, 511 acres of nature conservancy.Show Description

MLS® Number822807

Laundry Level

Central VacNo

FireplaceNo

Acreage5.137

ExteriorPrivate Yard

GarageNo

Approx. Age1965

BasementFull, Walk-Out Access, Partially Finished

DrivewayDriveway, Gravel

Garage Spaces

HeatBaseboard, Natural Gas

A/C

Heating Fuel

Extras

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