$1,119,000
207 E Church Street Sandwich, IL 60548
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$1,119,000
Est. payment /mo
13,159 SqFt
UPDATED:
09/12/2024 05:38 PM
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 Description
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. LOI on file for unit B making this property fully rented with the exception of the basement which has the potential to bring additional income and already has a finished lobby, common bathrooms, and high ceilings make this space an easy build out. Well established tenants are made up of a nationally known company and there is even a federally back leased. No worries here with fly by night tenants. With a cap rate of 8.52%, this money making property would make a great start or addition to your income property portfolio. Income based on current owner doing a lease back on unit B.
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 Wood Frame
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Listed by Thomas Vierig • Castle View Real Estate
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Rich Ayers
Team Lead | Realtor | License ID: 470112432
Team Lead | Realtor License ID: 470112432