$ 650,000
524 S Cross Street Sycamore, IL 60178
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$ 650,000
Est. payment | /mo
$ 650,000
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Multi Family 5+
Listing Status Active
Purchase Type For Sale
MLS Listing ID 11402869
Year Built 1940
Annual Tax Amount $13,325
Tax Year 2023
Lot Dimensions 68 X 105.04
Property Description
Nice income producing 6 unit! Within the last few years this property has been improved with a new roof, gutters, fascia, major electrical update, lighting, doors, paint, landscaping, and individual heat and a/c installed (mini splits) in every unit! Tenants pay electric which includes their heat and a/c. There is a laundry room with 2 sets of washer/dryers for additional income and central boiler heat as a back up heating system. The property offers 5 spacious 1 bedroom units and a studio unit. Hardwood floors, walk in closets, and large room sizes are all features that make this property easy to rent. Garage parking for 4 vehicles and additional off street parking. Whether you are starting your rental property portfolio or adding to it, with a CAP rate of 10.9, you won't go wrong with this one!
Location
State IL
County Dekalb
Interior
Cooling Central Individual
Fireplace N
Exterior
View Y/N true
Roof Type Composition
Building
Foundation Concrete Perimeter
© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Thomas Vierig • Castle View Real Estate
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