Property Listing No Longer Available for Sale

109 Cary Street, Cary, IL

Multi-family for Sale - $875,000 - 3,100 Sq. Ft.


Property Info

CIMLS#1166940
Location
  109 Cary Street
  Cary IL 60013
UpdatedApril 18th, 2025
TypeMulti-family
Price$875,000
Building3,100 Sq. Ft.

Property Description

Proano Commercial Group presents Cary Street Apartments, a fully occupied, seven-unit multifamily property in the heart of Cary, Illinois. The building features a mix of two studios and five one-bedroom units, with several recently updated, modernized apartments. With 100% occupancy, this well-maintained property ensures stable cash flow for investors, while offering additional income potential from an unfinished 408 sq. ft. basement that can be converted into storage or office space.

Capital Improvements: 2022 full renovation unit 104, 2022 full renovation Unit 111, 2023 full renovation unit 109C, 2023 full renovation unit 109 B, 2024 full renovation unit 109 D, 2022 new boiler, 2022 new water heater, 2024 new roof, 2024 new gutters, 2024 sealcoating, 2024 re-striped parking lot

Located just 200 feet from the Metra station, tenants enjoy easy access to downtown Cary and major transportation routes. The property also offers on-site laundry, private parking, and balconies in select units. With tenant-paid utilities such as water and electric, this is a prime investment opportunity for those seeking a reliable, income-generating asset in a highly accessible location.


Financials



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