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105 Depot St
$515,000
105 Depot St, Somonauk, IL 60552
For Sale
Multifamily
Active
Last Updated: 02/24/2025
7.71
Cap Rate
39,706
NOI
Details:
Cap Rate: 7.71%
NOI: $39,706
Building Size: 6,000 sqft
Lot Area: 0.2 acres
Units: 10
Year Built: 1920
Zoning: INC
MlsNumber: 12275449
Floors: 3
Parking Spots: 20
Year Last Renovated: 2019
Baths: 10
Highlights:
- Tax Roll Number: 1832478014
- Annual Tax: $ 8140.0
- Average Floor Size: 2000.0
- Average Occupancy Rate: 100.0
- Gross Income: $ 106920.0
- Age: Over 50 Years Old
- Lot Size: Under 1/2 Acre
- Sewer: City
- Water: City Water
Description:
This exceptional property presents a prime opportunity for a savvy multifamily/mid-rise investor. With 10 units offering versatile living spaces, this historic gem, originally built in 1920 and thoughtfully updated in 2019, stands as a testament to enduring quality. Zoned INC and enjoying full occupancy, this investment promises immediate returns as well as the opportunity for additional returns through increased rents. Investors seeking a lucrative addition to their portfolio will appreciate the stability, appeal, and potential for further growth offered by this meticulously maintained property.
Documents:
| Title | ||
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| 105 Depot | ||
| Brochure |
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Location
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