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Fully Leased 3-Flat

22 E. Main Street, Cary, Illinois 60013
Sold: $255,000
Fully Leased 3-Flat

Property Details

Property Type
Improved property
Building Type
Freestanding
Building Size
2,539 sqft
Land Size
18,784 sqft
Sewer
city
Water
city
Zoning
B3R

Property Description

Investment Property
Fully Leased • 3 -Flat

Nice location for this 3 flat. Short walk to train, downtown shops, restaurants and bars. Easy access to I-90 from Route 14.

Unit C (2nd floor) has been recently remodeled and is on a 1 year lease. 2 downstairs units are mo. Zoning allows for office/retail down and apt. up. Units are separately metered for gas and electric. 3 furnaces and 3 water heaters. Landlord pays water and garbage. No hook up for washer/dryer. Window A/C units belong to tenants. Basement area available for tenant storage.

Sold in “as-is” condition. Great exposure for a business on Route 14 between the Marathon Station and Cary Bank and Trust. Large fenced rear yard for kids play area. 6.25% CAP rate. Contact broker for financials.

Location