645 E Lasalle St, Somonauk, IL

Others for Sale - $525,000


Agent Info

Marcy Kinney
Coldwell Banker Real Estate Group

Property Info

CIMLS#1118803
Location
  645 E Lasalle St
  Somonauk IL 60552
UpdatedSeptember 19th, 2022
TypeOthers
Price$525,000

Property Description

Custom-built, one-owner, mixed-use site in Somonauk. This is a unique opportunity to buy a commercial property on County Line Rd just East of Somonauk. This two-story building offers 3-apartments, 3 office storefronts, and 8 garage storage units. Each apartment is 1 bedroom, 1 bath with laundry, and open concept living room/kitchen. Apartments have a main entrance with stairs/chair lift and individual entrances from the upper deck. Each office space has a bathroom and has been customized for the current business owners. Apartments and offices have a 2 hour fire rating. Large concrete parking lot has space for 26 cars. The property is over an acre, with only half of it being utilized for the current building and parking lot. There is still plenty of room to add additional storage units or for other types of expansion. All of the apartments, offices, and garages are currently rented. They have had full occupancy for the entire life of the building since 1993. Rent has not been increased for the long term tenants and is below the current rental rates. This is a great rental property to add to your portfolio.


Financials


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