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Rich Ayers

rich@ayersteam.com +1(630) 430-5927

$575,000

Est. payment - /mo

8 Beds

8 Baths

7,840 Sqft Lot

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Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12638637

Bedrooms 8

Year Built 2005

Annual Tax Amount $12,422

Tax Year 2025

Lot Size 7,840 Sqft

Lot Dimensions 50.76 X 167.64 X 44.02 X 165.50

Property Sub-Type Two to Four Units

Property Description

Investor's dream! Well-maintained, maintenance-free brick and vinyl 4-unit investment property featuring four spacious units, each offering 2 bedrooms, 2 full baths, and an attached 1-car garage. At approximately 1,300 sq. ft. per unit, these apartments offer a townhome-like layout and size, making them highly desirable to tenants. This turnkey investment is designed for low-maintenance ownership, with each unit having its own private furnace, central A/C, hot water heater, water softener, washer, and dryer. Tenants pay all utilities, including gas, electric, water, sewer, and scavenger, maximizing owner cash flow. Ground-level units include concrete crawl spaces for additional storage. Built in 2005, this newer building has seen major recent improvements, including a new roof and siding (2023), newer furnaces and A/C units in the second-floor apartments (less than 3 years old), all new water softeners (2024), washers and dryers (2025), and all stoves recently replaced. Each unit features a spacious primary bedroom with private en-suite bath and walk-in closet. Kitchens are fully equipped with stove, refrigerator, and dishwasher. Situated on an oversized lot over 165 feet deep, the property offers a fenced yard and storage shed that will remain. Ideal for the armchair investor or owner-occupant looking to build wealth while living on-site. Unit 247 is month-to-month; Unit 251 lease expires 6/30/26; Units 249 and 253 are currently vacant for easy showings and immediate rental opportunity. Market rents estimated at $1,800-$1,900 for first-floor units and $1,700 for second-floor units. Strong rental demand with easy-to-rent units in a convenient location near downtown, shopping, and expressway access.

Location

State IL

County Dekalb

Area Sycamore

Zoning MULTI

Rooms

Basement Crawl Space

Interior

Heating Natural Gas, Forced Air

Equipment Water-Softener Owned, TV-Cable, CO Detectors, Ceiling Fan(s), Sump Pump

Fireplace N

Exterior

Garage Spaces 4.0

Community Features Curbs, Sidewalks, Street Lights, Street Paved

Roof Type Asphalt

Building

Lot Description Landscaped

Dwelling Type Two to Four Units

Building Description Vinyl Siding,Brick, No

Sewer Public Sewer

Water Public

Structure Type Vinyl Siding,Brick

New Construction false

Schools

Middle Schools Sycamore Middle School

High Schools Sycamore High School

School District 427 , 427, 427

Others

Ownership Fee Simple

Special Listing Condition None

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Listed by Edward Hall of Baird & Warner

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Rich Ayers

+1(630) 430-5927

Team Lead | Realtor | License ID: 471.001732

Team Lead | Realtor License ID: 471.001732

247-253 N Cross ST Sycamore, IL 60178

Rich Ayers

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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247-253 N Cross ST