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645 E Lasalle Street,  Somonauk IL, 60552

(Active)
$475,000
|
5,120 sqft
|
MLS# 11927218
Last Updated: 5/19/2024 11:34 AM
Description for 645 E Lasalle Street Somonauk, IL 60552
Located just a few miles from Lake Holiday! 100% Occupied! Unique Mixed-Use Property with additional income potential in Somonauk, IL. Discover an exceptional opportunity to own this two-story building as a versatile investment that includes three apartments, three office storefronts, and eight garage storage units. The apartments, each featuring 1 bedroom, 1 bathroom, laundry facilities, and an open-concept living room and kitchen, are designed for comfortable living. They offer both a main entrance with stairs or chair lift access and individual entrances from the upper deck. Notably, all apartments and offices are equipped with a 2-hour fire rating, ensuring safety and security. The retail/office spaces come with dedicated bathrooms and have been tailored to the unique needs of their current occupants, making this property suitable for various business ventures. Ample parking space for up to 26 cars is provided in the expansive concrete parking lot. All apartments, offices, and garages are fully occupied, having maintained a continuous rental history. Current rental rates are below the market average, offering a compelling opportunity for increased income and return on investment. Enjoy this low maintenance investment w newer improvements included-new roof, siding, deck (2023) and 3 newer patio sliding doors, 3 furnaces, 4 hot water heaters replaced in approx (2021). This is an excellent addition to your investment portfolio, offering both immediate rental income and potential for future growth.
Price
$475,000
LaSalle
5,120 (approx)
11927218
Active
Description
Located just a few miles from Lake Holiday! 100% Occupied! Unique Mixed-Use Property with additional income potential in Somonauk, IL. Discover an exceptional opportunity to own this two-story building as a versatile investment that includes three apartments, three office storefronts, and eight garage storage units. The apartments, each featuring 1 bedroom, 1 bathroom, laundry facilities, and an open-concept living room and kitchen, are designed for comfortable living. They offer both a main entrance with stairs or chair lift access and individual entrances from the upper deck. Notably, all apartments and offices are equipped with a 2-hour fire rating, ensuring safety and security. The retail/office spaces come with dedicated bathrooms and have been tailored to the unique needs of their current occupants, making this property suitable for various business ventures. Ample parking space for up to 26 cars is provided in the expansive concrete parking lot. All apartments, offices, and garages are fully occupied, having maintained a continuous rental history. Current rental rates are below the market average, offering a compelling opportunity for increased income and return on investment. Enjoy this low maintenance investment w newer improvements included-new roof, siding, deck (2023) and 3 newer patio sliding doors, 3 furnaces, 4 hot water heaters replaced in approx (2021). This is an excellent addition to your investment portfolio, offering both immediate rental income and potential for future growth.
Listing Information
Property Type: Mixed Use, Business Opportunities, 2 Story
0.95 Acres 5,120 (approx) 1993
2 Vinyl siding Commercial, Retail
Northville//
Concrete Perimeter
Well
Septic Tank
9 Total
Neighborhood
Room Information
Interior Features
Vinyl, Concrete, Carpet
Central Air
Exterior / Lot Features
Vinyl
Composition
115X298X164X299
COMMR
Driving Directions
Route 34, South on East St, left (East) on Lasalle st to property on the south side
Financial Considerations
0504220000
$7,551
Listing Price History

Somonauk Real Estate

Somonauk is located in Illinois. Somonauk, Illinois 60552 has a population of 1,904.

The median household income in Somonauk, Illinois 60552 is $78,836. The median household income for the surrounding county is $64,842 compared to the national median of $66,222. The median age of people living in Somonauk 60552 is 33 years.

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Courtesy: American Realty Illinois LLC
Listings courtesy of MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 5/19/2024. 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. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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This content last refreshed on 5/19/2024 11:34 AM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.

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