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112 N Chase Street

Wheaton, IL 60187
  • $489,000
  • STATUS: Active Under Contract
  • ON SITE: 74 days
  • MLS #: 11092715
Under Contract
UPDATED: 69 min ago
$489,000
  • 0
    BEDS
  • 0.13
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,000
    SQFT
  • $245
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1963
County:
Area:

School Ratings & Info

Description

AWESOME OPPORTUNITY! Rarely available 5 unit (all studios), 1 block south of Wheaton College. Fully occupied (3 tenants have been there 15+ years) Smallest unit is leasing at $850/month, the other 4 at $700/month, which lends to a value add opportunity. Roof is 5 years old, hot water heater approximately 4 years, asphalt drive installed in 2020 (5 parking spaces). This will not last long!

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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 Schoon Family Group with Keller Williams Elite. Based on information submitted to the MRED as of 2021-08-02T15:55:05.463 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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112 N Chase Street Wheaton, IL 60187

  • Price: $489,000
  • Status: Active Under Contract
  • Updated: 69 min ago
  • MLS #: 11092715
0
Beds
0
Baths
0
½ Baths
0.13
Acres
2,000
SQFT
$245
$/SQFT
1963
Built
Neighborhood:
Wheaton
County:
DuPage
Area:
Wheaton
Property Description
AWESOME OPPORTUNITY! Rarely available 5 unit (all studios), 1 block south of Wheaton College. Fully occupied (3 tenants have been there 15+ years) Smallest unit is leasing at $850/month, the other 4 at $700/month, which lends to a value add opportunity. Roof is 5 years old, hot water heater approximately 4 years, asphalt drive installed in 2020 (5 parking spaces). This will not last long!
Exterior Features

Construction Materials BrickBlock Foundation Details BlockBrick/MortarConcrete Perimeter Frontage Type City Street Outdoor Parking 1-5 Spaces Parking Total 5

Interior Features

Cooling Window Unit(S) Electric 0-100 Amps Heat Ventilation Radiant Number Of Bedrooms Type5 0 Number Of Bedrooms Type6 0 Number Of Bedrooms Unit1 0 Number Of Bedrooms Unit2 0 Number Of Bedrooms Unit3 0 Number Of Bedrooms Unit4 0 Number Of Full Bathrooms Type1 1 Number Of Ranges 5 Number Of Refrigs 5 Number Of Rooms Unit Five 0 Number Of Rooms Unit Four 0 Number Of Rooms Unit Six 0 Number Of Rooms Unit1 2 Number Of Rooms Unit2 0 Number Of Rooms Unit3 0 Number Of Rooms Unit7 0 Number Of Units Apt Type1 5 Number Of Units Apt Type2 0 Number Of Units Apt Type3 0 Number Of Units Apt Type4 0 Number Of Units Apt Type5 0 Number Of Units Apt Type6 0 Number Of Units Apt Type7 0

Property Features

Additional Parcels YN No Built Before1978 YN Yes Cap Rate 5.24 Current Use Multi-Family Electric Expense 207 Expense Year 2020 Exterior Building Type BrickBlock Fuel Expense 1083 Gross Income 43800 Gross Scheduled Income 43800 Insurance Expense 2694 Janitor Expense 0 Lot Size Dimensions 12 X 170 X 55 X 164 Maintenance Expense 289 Monthly Income Max1 850 Net Operating Income Year 2020 Operating Expense 18159 Other Expense 0 Owners Assoc YN No Tax Annual Amount 9647 Tax Year 2020 Tenant Pays Air ConditioningElectricityVaries By Tenant Total Monthly Income 3650 Trash Expense 0 Type Multi Family Other Unincorporated YN No Utilities Water-CommunityWater-Municipal Washer Dryer Leased YN No Water Sewer Expense 2652 Zoning Multi

Listing information © 2021 Midwest Real Estate Data LLC.
Listing provided courtesy of Re/Max Suburban.


© 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 Schoon Family Group with Keller Williams Elite. Based on information submitted to the MRED as of 2021-08-02T15:55:05.463 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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