Investment Property in Johnsburg
2420 Johnsburg Road, Johnsburg, Illinois 60051
Sold: $445,000
Property Details
Property Type
Improved property
Building Type
Freestanding
Building Size
5,250 sqft
Land Size
34,848 sqft
Sewer
city
Water
well
Zoning
B2
Electric
separate meter
Year Built
1920
Parking
Common
Property Description
MIXED USE INVESTMENT 100% LEASED -
(4) RETAIL UNITS (1) 2 BR APARTMENT
Price Reduced! Mixed-use investment on busy Johnsburg Road. Low maintenance 5-unit neighborhood strip (4 stores and one 2 bedroom apartment) in the heart of Johnsburg. Original building completely rehabbed in 1992 and 3 units added at that time. Expansion possibilities with city sewer. 5-unit building on 0.8 acre lot.
Possibility of adding a small apartment building on the back surplus land on this 0.8 acre site. Owner is a licensed real estate broker.
9.3% CAP rate. Ask for rent roll and operating statement.