115 Harbor Drive
Oswego, IL, 60543 $ 425,000
Bedrooms4 Baths4.0 Monthly Estimate*
$ 2,617
for $425,000 with 4 bedrooms and 4 full baths. This home was built in 1974.
Turn-Key 4-Unit Investment Opportunity with Exceptional Capital Improvements: Strategically positioned just off Route 25 with seamless access to Route 34, Orchard Road and the Bypass 30 corridor, this fully leased and extensively renovated 4-unit building presents a rare opportunity for investors seeking stable income and long-term performance. This well-maintained building has undergone substantial capital improvements, creating a truly turnkey asset well-suited for portfolio expansion or a 1031 exchange buyer seeking reliability and minimal deferred maintenance. Building Improvements Include: Roof replaced approximately 2020, Exterior professionally painted July 2023, Vinyl plank flooring throughout all units (no carpet), Windows largely original with Unit 1A bedroom window replaced November 2023. Each of the four residences has been thoughtfully renovated with modern finishes and in-unit washer/dryer combinations - a highly desirable amenity that enhances tenant retention and rental strength. Unit Highlights: Unit 1A - Fully remodeled December 2025 with comprehensive upgrades including new washer/dryer combo, stainless steel appliances (refrigerator, stove, microwave), kitchen cabinetry, quartz countertops, bath vanity, tub and surround, toilet, updated lighting, new baseboard heaters with thermostat, vinyl plank flooring throughout, and complete interior paint. Additional improvements include new wall A/C (September 2022), water heater (April 2023), and bedroom window (November 2023). Unit 1B - Renovated around 2019 with vinyl plank flooring and granite countertops. Improvements include new stove (December 2019), new refrigerator (August 2021), and full interior paint (July 2021). Unit 2A - Renovated around 2019 with vinyl plank flooring and granite countertops. Mechanical upgrades include new baseboard heaters (May 2022 and February 2023), new wall A/C (October 2022), new hot water heater (May 2024), and new washer/dryer combo (July 2024). Unit 2B - Fully remodeled around 2020 featuring vinyl plank flooring, tiled shower, updated bath vanity, kitchen cabinetry, granite countertops, and stainless steel appliances (refrigerator, stove, microwave). Additional updates include new wall A/C (September 2021) and full interior repaint (June 2024). The result is a cohesive, low-maintenance asset offering modern interiors, updated mechanicals, and consistent finish quality throughout. With all units leased and substantial renovations completed in recent years, this property delivers both immediate cash flow and operational confidence.
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FeaturesGeneralSewer Other
Heating Electric
Possession Closing Negotiable
Zoning MULTI
Architectural Style Other
Construction Materials Vinyl Siding
Year Built 1974
Township Oswego
Tax Year 2024
Ownership Fee Simple w/ HO Assn.
Gross Income 52800
Community Features Street Lights Street Paved
County Kendall
Net Operating Income 32376
Insurance Expense 2800
New Construction N
Property Type Residential Income Two to Four Units
MaintenanceExpense 2500
Total Rooms 12
Status New
Directions RT 31 S TO ANCHOR DR - R ON ANCHOR - L ON HARBOR TO END OF DRIVE TO FIRST BLDG FACING RT. 31
City Oswego
High School District 308
MLS Area Oswego
Tax Annual Amount 4802
Electric Expense 209
Water Sewer Expense 5313
Additional Parcels Y/N N
Standard Status Active
Middle/Junior School District 308
Elementary School District 308
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InteriorBasement None
Total Bedrooms 4
Total Baths 4
Bedrooms Possible 4
Full Baths Building 4
Half Baths Building 0
Total Number of Units 4
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ExteriorParking Features Unassigned Yes Other
Water Source Private
Total Parking 4
Lot Dimensions 36 X 57
Waterfront Y/N N
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* Excluded FeaturesList By@Properties Christie's International Real EstateBroker
eriksachs@atproperties.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $2,617
- Monthly Property Taxes
- $400
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Oswego, IL
Average List Price $362,000
Percent of Sale Price 15%
About Oswego, IL 31,545 Population
130% Since 2002
$ 94,639 Median Income
36.59 Median Age
44% Households with Children
Trends Information provided by ATTOM Data Solutions.
566318 Elementary School
567529 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 3/3/2026 | $425,000 | | Listed Price |