524 S Cross ST Active

Sycamore,IL 60178

$ 650000

- Bed

0 Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type Multi Family 5+

Listing Status Active

Purchase Type For Sale

MLS Listing ID 11402869

Maintenance Fees $3,002

Year Built 1940

Annual Tax Amount $13,325

Tax Year 2023

Property Description

Nice income producing 6 unit! Within the last few years this property has been improved with a new roof, gutters, fascia, major electrical update, lighting, doors, paint, landscaping, and individual heat and a/c installed (mini splits) in every unit! Tenants pay electric which includes their heat and a/c. There is a laundry room with 2 sets of washer/dryers for additional income and central boiler heat as a back up heating system. The property offers 5 spacious 1 bedroom units and a studio unit. Hardwood floors, walk in closets, and large room sizes are all features that make this property easy to rent. Garage parking for 4 vehicles and additional off street parking. Whether you are starting your rental property portfolio or adding to it, with a CAP rate of 10.9, you won't go wrong with this one!

Location

State IL

County Dekalb

Area Sycamore

Interior

Cooling Central Individual

Exterior

Roof Type Composition

Building

Dwelling Type Multi Family 5+

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