$590,000
$625,000
5.6%For more information regarding the value of a property, please contact us for a free consultation.
6,400 SqFt
SOLD DATE : 01/30/2020
Key Details
Sold Price $590,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 6,400 sqft
Price per Sqft $92
MLS Listing ID 10566906
Sold Date 01/30/20
Year Built 1941
Annual Tax Amount $15,377
Tax Year 2018
Lot Dimensions 41 X 178
Property Sub-Type Mixed Use
Property Description
Two story mixed use building with 3 ground floor retail stores and 5 2nd floor apartments. The building has been well taken care of by it's current owner who is moving into retirement. Mechanical systems are up to date with a steam boiler and hot water heater having been replaced in the last few years. Most of the apartments have been remodeled in the last few years and are all in excellent condition and fully occupied. The storefronts are occupied by long term tenants of 10 or more years and consist of an upholstery shop, a dry cleaning and tailoring establishment (no on site cleaning is done here), and a Real Estate office. There is also a 2 car garage which is is occupied by the upholstery shop (1/2) and the other half is used by the current owned who may want to stay on as a tenant for a while. Parking is available on site for tenants and on the street during business hours. This is a well maintained and smooth running building that generates consistent returns and should continue to do so for many years to come..
Location
State IL
County Du Page
Area Villa Park
Zoning COMMR
Interior
Cooling Wall Sleeve
Flooring Carpet, Varies
Fireplace N
Exterior
Utilities Available Electric to Site, Gas to Site, Sewer-Storm Available, Water-Municipal, Water to Site
Roof Type Membrane,Reflective Coating
Building
Level or Stories 2
Structure Type Brick
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Bought with Tom Fosnot • J.W. Reedy Realty
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "