207 E Church Street Active Save Request In-Person Tour Request Virtual Tour
Sandwich,IL 60548
Key Details
Property Type Commercial
Sub Type Retail/Stores
Listing Status Active
Purchase Type For Sale
Square Footage 13,159 sqft
Price per Sqft $85
MLS Listing ID 11951748
Year Built 2006
Annual Tax Amount $26,629
Tax Year 2023
Lot Dimensions 217 X 115
Property Sub-Type Retail/Stores
Property Description
Do you need space for your business and want other tenants to contribute towards mortgage? This property may be perfect for you! The upper floor has over 3,000, finished, sq. ft. available. 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. The basement has a finished lobby, common bathrooms, and high ceilings making this space an easy build out for even more additional income. Well established tenants are made up of a nationally known company. No worries here with fly by night tenants. POTENTIAL GROSS INCOME OF $153,065 with units B and F rented for a CAP RATE of 8.4%. Add a basement tenant or two for an even higher cap rate. Much potential here!
Location
State IL
County Dekalb
Interior
Cooling Central Air
Flooring Carpet,Concrete,Other
Fireplace N
Exterior
View Y/N true
Roof Type Composition
Building
Foundation Concrete Perimeter
Structure Type Frame