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372 Alta Drive Grayslake, IL 60030 • Multi Unit - Multiple • Price Change

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Description

Rare investment opportunity near downtown Grayslake ! 370 & 372 Alta Dr is a 2-unit property offering 8 bedrooms and 5 baths total, and rehabbed in 2023. Sits on a quarter-acre lot with a 3-car garage and plenty of parking. Unit 370: 3bed /2bath. Unit 372: 5bed/3bath, (3beds/2bath on the 1st floor and 2beds/1 bath in the basement). Recent updates: 2022 roof, HVAC, flooring, appliances, all 5 bathrooms. Separate metered utilities. Unit 370 is vacant and ready for an owner-occupant to move right in or for an investor to lease at market rent. Unit 372 is currently rented below market, offering immediate upside potential. Perfect for owner-occupants or investors seeking opportunity. Convenient location near commuter train and bus access nearby, and a short walk to Cullen Park. Low-maintenance, no association fees. Don't miss this one!

Property Highlights

Property Type: Multi Unit - Multiple

General Information

Bedrooms: 8
Bathrooms: 5
County: Lake
Listed By:
Real Broker, LLC 217-960-8605
MRED MLS
$739,900
Est. $5,284/mo
8beds
5baths
3cars
Price Change Price Reduced $50,000 on October 8th, 2026
BEDS8 BATHS5 full MLS#12767750
STATUSPrice Change PROPERTY TYPEMulti Unit - Multiple SCHOOLDistrict 127
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Shown By

Kate Sager
 (563) 212-8603

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372 Alta Drive, Grayslake, IL 60030.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $739,900$739,900$739,900
Down Payment $147,980$25,897$184,975
Monthly Mortgage Amount $4,038$4,895$4,872
Taxes $1030$1030$1030
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$326$0
Monthly Estimated Total $5,284$6,467$6,118

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