34
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$650,000
Est. payment /mo
Active
524 S Cross Street Sycamore, IL 60178
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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 Sub-Type Multi Family 5+
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 6, 1 bedroom units. Hardwood floors in 4 units, 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 10.5, 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
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Listed by Thomas Vierig • Castle View Real Estate