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$2,500,000
Est. payment /mo
11,620 SqFt
UPDATED:
02/05/2025 08:01 AM
Key Details
Property Type Commercial
Sub Type Multi Family 5+
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 11,620 sqft
Price per Sqft $215
MLS Listing ID 12257068
Year Built 1964
Annual Tax Amount $34,216
Tax Year 2023
Lot Size 0.990 Acres
Lot Dimensions 277.8 X 152 X 277.6 X 152
Property Sub-Type Multi Family 5+
Property Description
Rarely available! Exceptional investment opportunity located close to downtown St. Charles. 16 fully occupied units include 15 (2 bed/1 bath) units with approx. 704 sf and 1 (1 bed/1 bath) unit with approx. 572 sf. Property has 16+ parking spots, laundry room with coin washers/dryers and 1 car garage providing additional rental income potential. All units have patios either backing to grassy areas or private patios. All are individually metered, and 15 tenants are responsible for all utilities-owner pays utilities for laundry room and unit adjacent to laundry room, as well as garage utilities. All units have their own furnaces, air conditioners and water heaters as well as pull down-stairs to attic. The property presents a compelling value-added opportunity through rent increases as current rates are below market value for the area. PLEASE NOTE TWO SEPARATE PIN NUMBERS (33 N 15th Street is 09-28-377-005) and (45 N 15th Street is 09-28-377-004.) This well-located complex is minutes to Randall Road, with easy access to shopping, restaurants and transportation.
Location
State IL
County Kane
Zoning MULTI
Interior
Cooling Wall Sleeve
Fireplace N
Exterior
View Y/N true
Building
Foundation Other
Structure Type Other
Others
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Listed by Julie Goodyear • @properties Christie's International Real Estate