Address
48 E railroad Street, Sandwich, IL
Price
$ 395,000
Property Attributes
- MLS#12047692
- TypeCommercial
- CountyDEKALB
- CitySandwich
- AreaSandwich
- Zip60548
- Style
- Year Built1900
- Taxes$ 7974
- Price$ 395,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage8800
- Lot Size0.175 Acres
Data Source:
Midwest Real Estate Data (MRED)
Property Description
Multi-tenanted, fully leased three (3) apartments & bar/grill building located in the main Historic downtown area of the City of Sandwich. Building has been well maintained w/significant exterior & interior work completed to improve appearance & mechanicals. Such improvements include new roof, siding, painting as well as major upgrades underway in bar/grill area. Three (3) story building with 2 separate basement areas under first level. Three (3) apartments on second & third floors with bar and grill occupying the street level retail space. Small office area in basement & separate storage area. Apartments are all leased as is the bar/grill for several years. Plenty of parking for customers and guests.
| Price History | |
|---|---|
| 5/5/2024 | Listed $395,000 |
General Features
| Cooling | Central Air,Central Individual |
|---|---|
| Utilities | Electric to Site,Gas to Site,Sanitary Sewer,Water-Municipal |
| Possession | Closing |
| Roof | Membrane |
| Zoning | OTHER |
| Construction Materials | Brick |
| Year Built | 1900 |
| Electric | Circuit Breakers |
| Tenant Pays | Electricity,Heat,Sewer,Varies by Tenant |
| Stories | 3 |
| Township | Sandwich |
| Property SubType | Apts/Ofc/Store,Apts/Stores |
| Tax Year | 2022 |
| Current Use | Other |
| Gross Income | 60000 |
| County | DeKalb |
| Net Operating Income | 35000 |
| Operating Expense | 25000 |
| Insurance Expense | 4305 |
| Property Type | Commercial Sale |
| Possible Use | Commercial |
| Status | Active |
| Directions | SWC of Railroad and Wells St.,one block to the north of Rt. 34. |
| City | Sandwich |
| NumberOfUnitsTotal | 4 |
| MLS Area | Sandwich |
| Lot Size Square Feet | 7623 |
| Street Name | railroad |
| Tax Annual Amount | 7974 |
| Trash Expense | 500 |
| Additional Parcels Y/N | No |
| Days on Market | 7 |
| Lease Type | Modified Gross |
| Standard Status | Active |
| Property Type | Mixed Use |
Interior Features
| Flooring | Varies |
|---|---|
| Street Suffix | Street |
Exterior Features
| Foundation Details | Concrete Perimeter |
|---|---|
| Building Area Total | 8800 |
| Lot Dimensions | 66 X 115 |
| Frontage Type | City Street |
| Exterior | Brick,Stucco |
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
Taxes
Visits
Year Built
Midwest Real Estate Data (MRED) All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than NextHome Select Realty may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. Copyright ©2024 All rights reserved.Based on information submitted to the MLS GRID as of June 16, 2024 1:47 PM UTC All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice.
Data is updated as of June 16, 2024 1:47 PM UTC
