524 South Cross Street, Sycamore, IL

$650,000

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About 524 South Cross Street

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 over 11%, you won't go wrong with this one!

Features of 524 South Cross Street

MLS® # 11402869
Price $650,000
Bathrooms 0.00
Acres 0.00
Year Built 1940
Type Commercial Sale
Sub-Type Multi Family 5+
Status Active

Community Information

Address 524 South Cross Street
Area Sycamore
City Sycamore
County DeKalb
State IL
Zip Code 60178

Amenities

Is Waterfront No
Has Pool No

Interior

Cooling Central Individual
Fireplace No
Has Basement No

Exterior

Exterior Brick
Roof Composition
Foundation Concrete Perimeter

Additional Information

Days on Market 803
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeCastle View Real Estate

Listing Map

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