Downtown Sycamore - Investment Property - Location, Location, Location! 4 units, fully rented, annual income $42,300.00. Main building has 3 apartments with hardwood floors. The Coach House at 124 W Elm was built in 1900, 720 square feet is also included in the parcel. New hardi-board siding 2008, new windows 2008, new roof 2007. All tenants pay their own utilities. The building has individual furnaces, water lines, electric meters. The zoning for this building is Legal Non-Conforming for it's current use because it is zoned C 2 - Central Business. So it can be used for really nice office spaces, etc., you can look it up on the City of Sycamore site under Development - Unified Development Ordinance. Owner is selling because he wants to retire. Please see the list of improvements and rents under the 'additional information' tab. Tenants pay all utilities. Owner pays $11,500 annually for property taxes and insurance.
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Property Details
Utilities
Heating Gas, Forced Air, 2+ Sep Heating Systems
Cooling
Water Public
Sewer Sewer-Public
Additional Information
Parking
Owned
Payment Calculator
Listing History
06-23-2018
Listed at $350,000
09-15-2018
Status changed to Cancelled
Last Modified 9/15/18 4:12 PM
For More Information
(312) 528-9200
For more information about 204 S Maple, Sycamore, IL 60178 contact Corcoran Urban Real Estate.
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Listing provided by Coldwell Banker The Real Estate Group
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