524 S CROSS ST SYCAMORE, IL 60178

Features

• Lot Size: 7143
• Total Units: 6
• Stories: 200
• Roof Type: Asphalt
• Heating: Yes
• Construction Type: Masonry
• Exterior Walls: Brick

Facts

• Year Built: 01/01/1940
• Property ID: 877821048
• MLS Number: 11402869
• Parcel Number: 06-32-378-001
• Property Type: Commercial
• County: DEKALB
• Listing Status: Active

Sale Type

This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.

Description

This listing is NOT a foreclosure. 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 5 spacious 1 bedroom units and a studio unit. Hardwood floors, 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 10.9, you won't go wrong with this one!