351 Chicago Road, PAW PAW IL 61353 Photo 1 351 Chicago Road, PAW PAW IL 61353 Photo 2 351 Chicago Road, PAW PAW IL 61353 Photo 3 351 Chicago Road, PAW PAW IL 61353 Photo 4 351 Chicago Road, PAW PAW IL 61353 Photo 5 351 Chicago Road, PAW PAW IL 61353 Photo 6 351 Chicago Road, PAW PAW IL 61353 Photo 7 351 Chicago Road, PAW PAW IL 61353 Photo 8
Listing Courtesy of Coldwell Banker Honig-Bell

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351 Chicago Road - Great investment opportunity! 10 unit apartment building with 2 commercial units on the main level - 8 residential units are currently rented and 1 commercial unit is currently rented - Coin laundry on site for additional income - Rent roll available upon request. Easy access to RT 39 Virtual Tour

Listing information

  • MLS® ID: 09281079
  • Status: Active
  • New Construction: No
  • County: Lee
  • Style: Mixed Use
  • Stories: 2
  • Foreclosure: No
  • Year Built: 1887
  • Parking Type Description: None 0 cars
  • Estimated Annual Taxes: $3,594

Features

Air Conditioning Central Air
Approximate Age Older
Backup Info Appraisal
Built Before 1978 (Y/N) Yes
Construction Brick
Current Use Commercial
Electrical Service Circuit Breakers
Exterior Building Type Brick, Vinyl Siding
Fire Protection Other
Floor Finish Other
Franchisor Feed(y/n) No
Frontage/Access City Street
Fuel Expense Source Actual
Geographic Locale Far West
Heat/Ventilation Electric, Gas
Indoor Parking 1-5 Spaces
Information 24-Hr Notice Required, REO/Lender Owned
Location Central Business District
Other # Of Apts - 10, # Of Dryers - 2, # Of Offices - 2, # Of Tenants - 10, # Of Units - 12, # Of Washers - 2, Approx Total Bldg Sq Ft - 8,640, Electricity Expense - 15677, Expense Year - 2013, Fuel Expense - 1885, Green Supporting Documents - N, Gross Rent Multiplier - 2.99, Gross Rental Income $ - 86940, Insurance Expense - 2400, Net Oper Income $ - 68, Other Expenses - 1055, Scavenger Expense - 1470, Tax Year - 2015, Total Annual Exp - 22573, Total Annual Income - 86100, Total Monthly Income - 7245, Township - Wyoming, Water Expense - 1140, Zoning Type - Commr
Outdoor Parking 1-5 Spaces
Owners Assoc (Y/N) No
Ownership Type Other
Possession Closing
Potential Use Commercial, Condominium, Office and Research, Residential-Multi-Family, Retail, Special Use
Property Type Mixed Use
Roof Coverings Other
Roof Structure Other
Sale Terms Conventional
Tenant Pays Varies by Tenant
Utilities To Site Electric to Site, Gas to Site, Sanitary Sewer to Site, Water to Site
Washer/Dryer Lsd (Y/N) No
Water Drainage Other
Listing Courtesy of Coldwell Banker Honig-Bell