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109 Cary Street

Cary, IL 60013
  • $604,998
  • STATUS: Active
  • ON SITE: 79 Days
  • MLS #: 11201099
Price Reduced
UPDATED: 18 min ago
$604,998
  • 0
    BEDS
  • 0.12
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1865
County:

School Ratings & Info

Description

Paul Proano of the ParkPro Group is pleased to present an eight (8) unit multifamily/Office building located in Cary, Illinois with the capability of rezoning the office unit into a legal apartment unit. The property consists of one office in the basement, two studio units and five one-bedroom, one bathroom units. All units are in great shape with hardwood floors and built-in microwaves. Property has newer windows, new roof, new paved parking lot and side street parking. There is also a laundry room. The subject property is a three (3) minute walk to the Union Pacific Northwest Metra station in down-town Cary. Upside of this deal is to rehab the units to give them a more modern look and take advantage of the strong rental market. Location:LOCATION The village covers 5.9 square miles and is bordered by the Village of Algonquin to the south, the City of Crystal Lake to the northwest, the Village of Lake in the Hills to the west, the Village of Oakwood Hills to the north, and the Village of Fox River Grove on the east. The beautiful Fox River borders the southern boundary of Cary. The village is a recipient of the Governor's Home Town Award and has been recog-nized as a Tree City USA community since 2008. With its small town character and professional, state of the art services, the Village of Cary offers abun-dant opportunities to residents and businesses!

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© 2021 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Keller Williams Realty. Based on information submitted to the MRED as of 2021-11-28T14:58:58.4 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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109 Cary Street Cary, IL 60013

  • Price: $604,998
  • Status: Active
  • On Site: 79 Days
  • Updated: 18 min ago
  • MLS #: 11201099
0
Beds
0
Baths
0
½ Baths
0.12
Acres
1865
Built
Neighborhood:
Cary / Oakwood Hills / Trout Valley
County:
Lake
Area:
Cary / Oakwood Hills / Trout Valley
Property Description
Paul Proano of the ParkPro Group is pleased to present an eight (8) unit multifamily/Office building located in Cary, Illinois with the capability of rezoning the office unit into a legal apartment unit. The property consists of one office in the basement, two studio units and five one-bedroom, one bathroom units. All units are in great shape with hardwood floors and built-in microwaves. Property has newer windows, new roof, new paved parking lot and side street parking. There is also a laundry room. The subject property is a three (3) minute walk to the Union Pacific Northwest Metra station in down-town Cary. Upside of this deal is to rehab the units to give them a more modern look and take advantage of the strong rental market. Location:LOCATION The village covers 5.9 square miles and is bordered by the Village of Algonquin to the south, the City of Crystal Lake to the northwest, the Village of Lake in the Hills to the west, the Village of Oakwood Hills to the north, and the Village of Fox River Grove on the east. The beautiful Fox River borders the southern boundary of Cary. The village is a recipient of the Governor's Home Town Award and has been recog-nized as a Tree City USA community since 2008. With its small town character and professional, state of the art services, the Village of Cary offers abun-dant opportunities to residents and businesses!
Exterior Features

Land Amenities Sidewalks Outdoor Parking 1-5 Spaces Parking Total 5 Roof Structure Pitched

Interior Features

Cooling Window Unit(S) Heat Ventilation Radiators

Property Features

Additional Parcels YN No Approximate Age Older Building Area Total 3668 Built Before1978 YN Yes Electric Fuses Fire Protection Alarm On SiteFire Extinguisher/S Gross Income 73800 Gross Scheduled Income 73800 Insurance Expense 2400 Maintenance Expense 1915 Net Operating Income 47150 Operating Expense 27611 Tax Annual Amount 10950 Tax Year 2020 Tenant Pays ElectricityVaries By Tenant Total Monthly Income 6150 Township Cuba Type Multi Family 5+

Listing information © 2021 Midwest Real Estate Data LLC.
Listing provided courtesy of Coldwell Banker Commercial Nrt.


© 2021 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Keller Williams Realty. Based on information submitted to the MRED as of 2021-11-28T14:58:58.4 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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Keller Williams Realty
2401 East Empire
Bloomington IL, 61704