Well maintained six (6) unit apartment building with 100% occupancy. Excellent in town location across from St. Charles police department and one block south of Main Street retail corridor. Maintenance free exterior with brick facade and aluminum siding on sides and rear of building. Property consists of four (4) two bedroom units and two (2) one bedroom units. Clean units with many upgrade finishes and central air conditioning. All units are separately metered and tenants pay their own utilities. Storage and laundry room in basement. Keypad access for extra security into the building. Pitched shingle roof, asphalt parking lot, 11-12 parking spaces. NOI is estimated at $43,000 and priced at 5.9% cap rate. Potential for condominium conversion as well.
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For more information about 120 S 14th, St. Charles, IL 60174 contact Corcoran Urban Real Estate.
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Listing provided by Blue Chip Commercial Real Estate, LLC
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