Address
207 E Church Street, Sandwich, IL
Price
$ 1,119,000
Property Attributes
  • MLS#11951748
  • TypeCommercial
  • CountyDE KALB
  • CitySandwich
  • AreaSandwich
  • Zip60548
  • StyleCommercial
  • Year Built2006
  • Taxes$ 25381
  • Price$ 1,119,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage13159
  • Lot Size0.572888 Acres
Data Source:
Midwest Real Estate Data (MRED)
Property Description

Ideal commercial investment or lease opportunity with high visibility. Traffic counts between 9,600 and 11,000 per day (IDOT) Modern elevator building with ample parking. LOI on file for unit B making this property fully rented with the exception of the basement which has the potential to bring additional income and already has a finished lobby, common bathrooms, and high ceilings make this space an easy build out. Well established tenants are made up of a nationally known company and there is even a federally back leased. No worries here with fly by night tenants. With a cap rate of 9.13%, this money making property would make a great start or addition to your income property portfolio. Income based on current owner doing a lease back on unit B.

Price History
12/27/2023 Listed $1,119,000

General Features

Cooling Central Air
Possession Closing,Tenant's Rights
Roof Composition
Construction Materials Wood Frame
Year Built 2006
Electric Circuit Breakers
Tenant Pays Varies by Tenant
Stories 2
Township Sandwich
Tax Year 2022
Current Use Commercial
Gross Income 154440
County De Kalb
Net Operating Income 102192
Operating Expense 52248
Insurance Expense 4717
Property Type Commercial Sale
Status Active
Directions Rt,34 (Church St) Sandwich
City Sandwich
Total Units 8
MLS Area Sandwich
Lot Size Square Feet 24955
Street Name Church
Tax Annual Amount 25381
Electric Expense 3733
Fuel Expense 1431
Trash Expense 1833
Water Sewer Expense 4212
Additional Parcels Y/N No
Leasable Area 3054
Days on Market 44
Lease Type N/A
Standard Status Active
Property Type Retail/Stores

Interior Features

Flooring Carpet,Concrete,Other
Street Suffix Street

Exterior Features

Foundation Details Concrete Perimeter
Building Area Total 13159
Lot Dimensions 217 X 115
Frontage Type State Road
Exterior Stucco,Stone

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 60548

Price
AVG $360K
$1.12M
Taxes
AVG $13,214
$25,381
Visits
AVG 60
66
Data Provided by Inside Real Estate®
Year Built
AVG 1980
2006

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