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Listed by Joline Latimerof Northern Illinois Realty LLC
$ 349,500
Est. payment | /mo
4,000 SqFt
$ 349,500
Est. payment | /mo
4,000 SqFt
Key Details
Property Type Commercial
Sub Type Retail/Stores
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 4,000 sqft
Price per Sqft $87
MLS Listing ID 12050653
Year Built 1900
Annual Tax Amount $4,984
Tax Year 2025
Lot Dimensions 25X100
Property Sub-Type Retail/Stores
Property Description
FULLY RENTED COMMERCIAL SPACE AND 2 RESIDENTIAL APARTMENTS AVAILABLE NOW FOR NEW INVESTOR! NEW-NEW-NEW! - Beautifully refurbished throughout 1st & 2nd floors. New electric, new plumbing, new drywall and trim, new fixtures. First level commercial space includes approximately 1500 square feet of office/retail space, bathroom, basement and garage. This commercial space has a 3 year lease. Current Lease amount is $1500 per month. Second floor showcases 2 - two bedroom apartments that have been totally gutted and professionally improved. There is a washer & dryer upstairs for both tenants to use. These residential rentals are currently rented at $1500 a piece. One tenant would like a long-term lease. All units are separately metered. Basement offers a massive amount of room for storage. An attached garage is located at the back of the building. Street parking available, as well as a City Parking Lot across the street. After expenses, property nets over $40,000 a year.
Location
State IL
County Dekalb
Zoning COMMR
Interior
Cooling Central Air
Flooring Vinyl
Fireplace N
Exterior
View Y/N true
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