Wonderful 4 unit property one block from downtown Sycamore with restaurants, shops, library, courthouse and post office. Property generates annual income of approx.. $45,300. Large building has 3, 2 bedroom, two story apartments with hardwood floors. New hardi-board siding 2008, new windows 2008, new roof 2007. This property includes these addresses: 202 & 204 W Maple St. and 124 & 126 Elm St. The Coach House at 124 W Elm is a two bedroom with 720 square feet and washer and dryer in unit. Unit 126 is freshly painted and has new carpet. All utilities are separate and tenants pay their own utilities. The building has individual furnaces, water meters and electric meters. The zoning for this building is Legal Non-Conforming for it's current use because it is zoned C 2 - Central Business. It could be used for office spaces, etc. All units access the basement where each unit has its own washer and dryer. NOTE: This property has a CAP RATE of over 12% at list price.
Property Map
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Property Details
Utilities
Heating Natural Gas, Forced Air, Sep Heating Systems - 2+
Cooling
Water Public
Sewer Public Sewer
Additional Information
Exterior Features
Porch
Parking
2 Parking Spaces, Driveway, Owned, Parking included in price
Schools
District 427
Payment Calculator
Listing History
10-14-2021
Listed at $360,000
10-25-2021
Status changed to Under Contract
11-07-2021
Status changed to Active
12-31-2021
Status changed to Under Contract
02-16-2022
Status changed to Closed
02-16-2022
Sold at $360,000
Last Modified 3/15/23 9:35 AM
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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