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Listed by Charles Kirkwoodof Coldwell Banker Real Estate Group
$1,100,000
Est. payment /mo
UPDATED:
Key Details
Property Type Commercial
Sub Type Multi Family 5+
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12468958
Year Built 1910
Annual Tax Amount $19,446
Tax Year 2024
Lot Dimensions 66x132x64x132
Property Sub-Type Multi Family 5+
Property Description
Don't miss the chance of a lifetime to own this fully leased 5 unit investment property located in the heart of downtown St Charles. The location is unbeatable! The proximity to the new Whole Foods grocery store, restaurants, shops, Fox River and the bike path makes renting apartments a breeze so there is very little vacancy. There are several longer term tenants in place. Below market rents provide an opportunity for increased cashflow and enhanced value. The current owner has performed extensive updates to all of the units so deferred maintenance is minimal. Features such as onsite parking, outdoor terraces, laundry in every unit, fireplaces, granite countertops, stainless appliances, hardwood floors, and original millwork make these desirable and easy to rent apartments. New front stair installation will be completed by October. Call now to schedule your private tour.
Location
State IL
County Kane
Interior
Cooling Central Air
Fireplaces Number 3
Fireplace Y
Exterior
View Y/N true
Building
Structure Type Brick
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Joanna Lewkowicz
Designated Managing Broker | Owner | 471.018027 471018027
+1(708) 226-4848 | joanna@boutiquehomerealty.com