Calling all investors and contractors! This legal 4 unit property is 80% complete - bring your finishing touches and ideas. Build your own equity. The exterior is so close to completion - just a few finishing touches. Interior is framed. $100,000+ of on-site materials for this building---a real bonus---Seller's loss is your gain! Sellers built this property to use the Loft/2nd Floor as their home, the walkout basement as their office and have two apartments on the 1st floor. Total square footage is 3,694 with additional 1641 square feet in the walkout basement. Loft is the 2nd floor with 1 bedroom. 1st floor has 2 bedrooms with the in-law/studio apartment. The walkout basement with 1 bedroom. Great opportunity to purchase as an owner occupied. Minimum of 9' ceilings throughout. Plans drawn by St. Charles Batir Architecture. All permits have been submitted to the county. All rough inspections have been passed including the HVAC inspection. Property has 5 electric meters - the fifth meter is for the property, the fireproof utility room in basement and box alarm for the fire department (box alarm has not been installed). Property is plumbed for 5 washer & dryers located in the utility room. 3 pressure tanks (2 for the property and 1 for the 3rd floor), 4 water heaters and 3 furnaces. Plat of Survey and floor plans are attached and available. Fully permitted in desirable Kane Zoning classification R-9 (4 Units). New septic will support a 9 bedroom property. No equipment is included in the sale of the property but may be available for purchase. "Summer House" shed on the south side of the property and the north side shed to the right of the vending machine is included in the sale of the property.
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Property Details
Utilities
Heating Natural Gas, Forced Air
Cooling
Water Private Well
Sewer Septic-Private
Additional Information
Exterior Features
Deck, Patio
Sub/Complex
Fox River Heights
Parking
10 Parking Spaces, Off Street, Driveway, Owned
Schools
St Charles North High School (303), Wredling Middle School (303), Anderson Elementary School (303)
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Listing History
10-21-2022
Listed at $800,000
11-22-2022
Price decreased by $200,000 to $600,000
12-09-2022
Price decreased by $50,000 to $550,000
12-23-2022
Status changed to Under Contract
05-02-2023
Price decreased by $550,000 to $0
05-02-2023
Status changed to Unset
05-02-2023
Price increased by $550,000 to $550,000
05-02-2023
Status changed to Under Contract
08-10-2023
Status changed to Closed
08-09-2023
Sold at $225,000
Last Modified 8/10/23 11:55 AM
Nearby Transportation
Hwy 20 East
3.7 mi
Hwy 20 West
3.8 mi
For More Information
(312) 528-9200
For more information about 6N766 Tuscola, St. Charles, IL 60174 contact Corcoran Urban Real Estate.
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Listing provided by RE/MAX Excels
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