33-45 N 15 Street Active

St. Charles,IL 60174

$ 2500000

- Bed

- Bath

11620 SqFt


Key Details

Property Type Commercial

Sub Type Multi Family 5+

Listing Status Active

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 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

View More
Favorite Go Tour