Proud to announce this opportunity to purchase this successful by the month apartment building on busy Route 30 in Sugar Grove. Fully occupied with many long term tenants. Features 11 studio apartments and a two bedroom house on 5.41 acres of land with lots of room for more development. 11,000 vehicles per day via IDOT. Major recent improvements including roof 2019, exterior paint 2020, patch/seal/stripe parking lot 2020, 5 units remodeled 2022-2023, 4 bathroom remodels 2020, garage door 2020, enclosure for dumpster 2019, back stoop 2021, carpet 4 rooms 2020, 4 AC units 2020, 3 electric heat units 2020, 100 gallon hot water tank 2021, repipe well 2020. Financials available upon request. Can purchase the entity and maintain existing by the month apartment use, or also this lot is prime for redevelopment. Easy to tour. DO NOT DISTURB TENANTS - ALL QUESTIONS GO TO THE LIST BROKER
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For more information about 1650 Us 30, Sugar Grove, IL 60554 contact Corcoran Urban Real Estate.
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Listing provided by O'Neil Property Group, LLC
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