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115 E Main Street St. Charles, IL 60174
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Key Details
Sold Price $850,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 4,600 sqft
Price per Sqft $184
MLS Listing ID 11734156
Sold Date 08/17/23
Year Built 1900
Annual Tax Amount $17,422
Tax Year 2021
Lot Dimensions 50 X 62
Property Description
MIXED-USE building available, in historic downtown St. Charles. Available For Sale as an investment in the rapidly appreciating riverside commercial sector of St. Charles... THE Pride of the Fox. This property is primed for an investor featuring a cap rate of 8.55% and a gross rent multiplier of 9.25 Three commercial units are on the first floor and 4 residential apartments are on the second, and all are leased with long-term tenants and with typical expiration dates. There is also a partial 2,300sf basement. The financial information contained herein is believed to be correct, but buyer's verification is recommended via the due diligence process.
Location
State IL
County Kane
Zoning OTHER
Interior
Cooling Central Air, Window Unit(s)
Fireplace N
Exterior
View Y/N true
Roof Type Membrane
Building
Foundation Concrete Perimeter
Structure Type Brick
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Bought with Joseph Freeman • Long Realty
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