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    523 E Railroad Street

    Sandwich, IL 60548
    • $279,000
    • STATUS: Active
    • ON SITE: 158 days
    • MLS #: 10693765
    UPDATED: 19 min ago
    $279,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,784
      SQFT
    • $100
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    2005
    County:
    Area:

    School Ratings & Info

    Description

    A rare opportunity to find a newer retail building in the area. Motivated seller will entertain and negotiate any reasonable offers! This building is built as four separate units, with four separate entrances and rear exits. Building is up to code. Currently the building is rented as two units. One tenant is occupying 3 units. 2,784 Sq. ft. making each unit around 700 sq ft. 14 parking spaces in the front of the building. Could be a great investment with low overhead and little management time involved. Tenants pay their own utilities. Separate meters for each unit. Roof has been maintained each year of ownership. Use showing time to schedule a viewing or please email or text the listing agent for the best time to walk the building.

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    © 2020 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Angela Walker Homes Real Estate Group. Based on information submitted to the MRED as of 2020-09-26T19:50:30.577 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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    523 E Railroad Street Sandwich, IL 60548

    • Price: $279,000
    • Status: Active
    • Updated: 19 min ago
    • MLS #: 10693765
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    2,784
    SQFT
    $100
    $/SQFT
    2005
    Built
    Neighborhood:
    Sandwich
    County:
    De Kalb
    Area:
    Sandwich
    Property Description
    A rare opportunity to find a newer retail building in the area. Motivated seller will entertain and negotiate any reasonable offers! This building is built as four separate units, with four separate entrances and rear exits. Building is up to code. Currently the building is rented as two units. One tenant is occupying 3 units. 2,784 Sq. ft. making each unit around 700 sq ft. 14 parking spaces in the front of the building. Could be a great investment with low overhead and little management time involved. Tenants pay their own utilities. Separate meters for each unit. Roof has been maintained each year of ownership. Use showing time to schedule a viewing or please email or text the listing agent for the best time to walk the building.
    Exterior Features

    Construction BrickOther/UnknownDivisible Foundation Concrete Frontage Access City Street Lot Dimensions 132X85 Lot Sq Ft 11220 Number Of Parking Spaces 14 Number Of TLDocks 0

    Interior Features

    Air Conditioning Central Air Fire Protection Alarm On SiteFire Extinguisher/S Floor Finish Carpet Number Of Drive In Doors 0 Number Of Stories 1 Outdoor Parking 13-18 Spaces

    Property Features

    Current Use Commercial Electrical Service Circuit Breakers101-200 Amps Expense Year 2019 Exterior Building Type Brick Extra Storage Spaces Available YN No Financial Amounts For Total Building Rental Onl Yes Gross Rental Income Amount 39000 Heat Ventilation Central Heat/Indiv Controls Known Encumbrances None Known Max Avail Sq Ft Rentable 0 Min Avail Sq Ft Rentable 0 Net Oper Income Amount 27350 Net Operating Income Year 2019 Number Of Tenants 2 Possession Closing Property Offered For Sale Only Tax Year 2018 Taxes 8994.90 Tenant Pays ElectricHeatWater/Sewer Total Annual Exp 11650 Total Annual Expense Source Owner Projection Total Annual Income 39000 Total Monthly Income 3250 Township Sandwich Zoning Type Commr

    Listing information © 2020 Midwest Real Estate Data LLC.
    Listing provided courtesy of Swanson Real Estate.


    © 2020 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Angela Walker Homes Real Estate Group. Based on information submitted to the MRED as of 2020-09-26T19:50:30.577 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

    Digital Millennium Copyright Act
     
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    1547 Westchester Blvd.
    Westchester IL, 60154