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    202 Northwest Highway

    Fox River Grove, IL 60021
    • $265,000
    • STATUS: Active
    • ON SITE: 15 days
    • MLS #: 11061195
    UPDATED: 32 min ago
    $265,000
    • 0
      BEDS
    • 0.11
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,397
      SQFT
    • $78
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1925
    County:

    School Ratings & Info

    Description

    INVESTORS WILL LIKE THIS 80% LEASED MIXED USE 4-UNIT PROPERTY ON RT. 14. 1-SMALL OFFICE (CURRENTLY VACANT) AND 3 LEASED APARTMENTS. CURRENTLY GENERATES $43,200/YEAR IN RENTAL INCOME. APPROXIMATELY 7.0% CAP RATE AT 100% OCCUPANCY. (SEE OPERATING STATEMENT AND RENT ROLL). PARKING IN REAR, PAVED LOT, BASEMENT FOR STORAGE. GREAT STARTER INVESTMENT. FOR OFFICE RENTAL, SEE MLS# 11056066.REAR PARKING LOT PLUS STREET PARKING.

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    © 2021 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ani Real Estate. Based on information submitted to the MRED as of 2021-05-07T20:52:54.237 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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    202 Northwest Highway Fox River Grove, IL 60021

    • Price: $265,000
    • Status: Active
    • Updated: 32 min ago
    • MLS #: 11061195
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.11
    Acres
    3,397
    SQFT
    $78
    $/SQFT
    1925
    Built
    Neighborhood:
    Fox River Grove
    County:
    McHenry
    Area:
    Fox River Grove
    Property Description
    INVESTORS WILL LIKE THIS 80% LEASED MIXED USE 4-UNIT PROPERTY ON RT. 14. 1-SMALL OFFICE (CURRENTLY VACANT) AND 3 LEASED APARTMENTS. CURRENTLY GENERATES $43,200/YEAR IN RENTAL INCOME. APPROXIMATELY 7.0% CAP RATE AT 100% OCCUPANCY. (SEE OPERATING STATEMENT AND RENT ROLL). PARKING IN REAR, PAVED LOT, BASEMENT FOR STORAGE. GREAT STARTER INVESTMENT. FOR OFFICE RENTAL, SEE MLS# 11056066.REAR PARKING LOT PLUS STREET PARKING.
    Exterior Features

    Construction Materials Wood Frame Docks None Foundation Details Concrete Perimeter Frontage Type City StreetState Road Location Mixed Use AreaPublic Transport Avail Miscellaneous Outside Handicapped Access Outdoor Parking 1-5 SpacesOpenPavedPrivate LotOther Parking Total 2 Roof Composition Roof Structure Pitched

    Interior Features

    Cooling Central Air Electric Circuit BreakersSeparate Meters0-100 Amps Fire Protection Fire Extinguisher/SOther Flooring CarpetVariesVinyl Heat Ventilation Forced AirGas Miscellaneous Inside Handicapped AccessHandicapped Equip Washroom/SPrivate Restroom/SStorage InsideBasement Number Of Apts 3 Number Of Offices 1 Number Of Stores 0

    Property Features

    Additional Parcels YN No Built Before1978 YN Yes Cap Rate 7 Current Use OfficeOther Electric Expense 0 Existing Lease Type N/A Expense Year 2020 Exterior Building Type Vinyl Siding Fuel Expense 0 Geographic Locale Northwest Suburban Gross Income 43200 Gross Scheduled Income 43200 Insurance Expense 3104 Lot Size Dimensions 34 X 135 Net Operating Income Year 2020 Number Of Tenants 4 Operating Expense 23395 Other Expense 10351 Owners Assoc YN No Possible Use CommercialOffice And ResearchMulti-Family Tax Annual Amount 8990 Tax Year 2019 Tenant Pays Air ConditioningElectricityHeatScavengerVaries By Tenant Total Monthly Income 3600 Trash Expense 0 Unincorporated YN No Utilities Electric To SiteGas To SiteSanitary SewerWater-Municipal Water Drainage Storm Sewers Water Sewer Expense 0 Zoning Commr

    Listing information © 2021 Midwest Real Estate Data LLC.
    Listing provided courtesy of Premier Commercial Realty.


    © 2021 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ani Real Estate. Based on information submitted to the MRED as of 2021-05-07T20:52:54.237 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

    Digital Millennium Copyright Act
     
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