524 S Cross ST Active

Sycamore,IL 60178

$ 650000

- Bed

0 Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type Multi Family 5+

Listing Status Active

Purchase Type For Sale

MLS Listing ID 11402869

Maintenance Fees $3,002

Year Built 1940

Annual Tax Amount $13,325

Tax Year 2023

Lot Dimensions 68 X 105.04

Property Description

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!

Location

State IL

County Dekalb

Area Sycamore

Interior

Cooling Central Individual

Fireplace N

Exterior

Roof Type Composition

Building

Dwelling Type Multi Family 5+

Level or Stories 2

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