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    1103 Main St Road

    Spring Grove, IL 60081
    • $189,900
    • STATUS: Active
    • ON SITE: 236 days
    • MLS #: 10687817
    UPDATED: 179 min ago
    $189,900
    • 2
      BEDS
    • 0.59
      ACRES
    • 1
      BATHS
    • 0
      1/2 BATHS
    • 1,100
      SQFT
    • $173
      $/SQFT
    Neighborhood:
    Type:
    Single-Family Home
    County:
    Area:

    School Information

    School District:
    2

    Description

    Excellent opportunity to live and work - B-1 zoning allows for a multitude of uses with a great location on a corner with stoplights and less than a 1/2 mile from busy Route 12. Big back yard, very clean 2 bedroom ranch, you can live here or rent it out for more income. The income from the billboard rental alone pays the real estate taxes! The house can also easily accommodate business offices if you don't need living quarters. If you've ever thought about running a business out of your home and like the idea of built in income with the adjacent buildings and billboards, this property has it all: a total of 4 buildings on .59/acre including the house, plus (2) 2+ car garages, one of which has 1 one car bay that's finished for an office including heat, plus a pole barn. The house and adjacent 2 car garage last rented for $1350/month and is now vacant and ready for you, the other 2 car garage and pole barn together rent for $250/month and are also vacant, PLUS billboards (4 - 4x8 sections) that can be rented for $150/each section for a total of $600/month when completely rented (currently 3 sections are rented) for a total of $2200/month income when fully rented. Superb cash flow. This is located in the County, not in the Village. 2019 furnace, 2018 water heater.

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    © 2020 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 Scott Schoon with Century 21 Affiliated. Based on information submitted to the MRED as of 2020-12-02T23:52:28.267 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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    1103 Main St Road Spring Grove, IL 60081

    • Price: $189,900
    • Status: Active
    • Updated: 179 min ago
    • MLS #: 10687817
    2
    Beds
    1
    Baths
    0
    ½ Baths
    0.59
    Acres
    1,100
    SQFT
    $173
    $/SQFT
    Neighborhood:
    Spring Grove
    County:
    McHenry
    Area:
    Spring Grove
    High School:
    Richmond-Burton Community High S
    School District:
    2
    Property Description
    Excellent opportunity to live and work - B-1 zoning allows for a multitude of uses with a great location on a corner with stoplights and less than a 1/2 mile from busy Route 12. Big back yard, very clean 2 bedroom ranch, you can live here or rent it out for more income. The income from the billboard rental alone pays the real estate taxes! The house can also easily accommodate business offices if you don't need living quarters. If you've ever thought about running a business out of your home and like the idea of built in income with the adjacent buildings and billboards, this property has it all: a total of 4 buildings on .59/acre including the house, plus (2) 2+ car garages, one of which has 1 one car bay that's finished for an office including heat, plus a pole barn. The house and adjacent 2 car garage last rented for $1350/month and is now vacant and ready for you, the other 2 car garage and pole barn together rent for $250/month and are also vacant, PLUS billboards (4 - 4x8 sections) that can be rented for $150/each section for a total of $600/month when completely rented (currently 3 sections are rented) for a total of $2200/month income when fully rented. Superb cash flow. This is located in the County, not in the Village. 2019 furnace, 2018 water heater.
    Exterior Features

    Architectural Style Ranch Driveway Asphalt Exterior Building Type Frame Exterior Features Workshop Foundation Details Concrete Perimeter Garage Details Multiple Garages Garage On Site Yes Garage Ownership Owned Garage Type Detached Is Parking Includedin Price Yes Lot Features Corner Lot Number Of Cars 6 Parking Garage Type Detached 1 Story Waterfront YN No

    Interior Features

    2nd Bedroom Level Main Level 3rd Bedroom Level Not Applicable 4th Bedroom Level Not Applicable Addtl Room1 Level Not Applicable Addtl Room2 Level Not Applicable Appliances RangeDishwasherRefrigeratorWasherDryer Basement None Basement Bathrooms YN No Basement Description Crawl Bedrooms Below Grade 0 Built Before1978 YN Yes Cooling Central Air Dining Room Level Not Applicable Family Room Level Main Level Heating Natural GasForced Air Kitchen Level Main Level Kitchen Type Eating Area-Table Space Laundry Level Not Applicable Living Room Level Main Level Master Bedroom Bath None Master Bedroom Level Main Level Room Type No Additional Rooms Rooms Total 5 Total Sq Ft 1100

    Property Features

    Additional Parcels YN Yes Age 51-60 Years Association Fee Frequency Not Applicable Association Fee Includes None Community Features Street Paved Corporate Limits Unincorporated Disability Access And Or Equipped No Electric Circuit Breakers100 Amp Service Holds Earnest Money Yes New Construction YN No Offeredfor Saleor Rent No Ownership Type Fee Simple Property Type Detached Single Rebuilt YN No Recent Rehab YN No Sewer Septic-Private Special Assessments No Special Listing Conditions None Special Service Area N Tax Annual Amount 4198.1 Tax Year 2019 Township Burton

    Listing information © 2020 Midwest Real Estate Data LLC.
    Listing provided courtesy of Re/Max Advantage Realty.


    © 2020 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 Scott Schoon with Century 21 Affiliated. Based on information submitted to the MRED as of 2020-12-02T23:52:28.267 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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