105 N Depot St
- - 6,000 SF building with 10 units
- - Built in 1920, renovated in 2019
- - Zoned INC for flexible use
- - Located in the desirable Somonauk area
- - Currently at 100% occupancy
- - Upside potential from below market rents
Property Description
This exceptional property presents a prime opportunity for a savvy multifamily/mid-rise investor. With 10 units offering versatile living spaces, this historic gem, originally built in 1920 and thoughtfully updated in 2019, stands as a testament to enduring quality. Zoned INC and enjoying full occupancy, this investment promises immediate returns as well as the opportunity for additional returns through increased rents. Investors seeking a lucrative addition to their portfolio will appreciate the stability, appeal, and potential for further growth offered by this meticulously maintained property.
Key Property Information
| Listing Status: | Unavailable |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $459,000 |
| No. of Units: | 10 |
| Average Occupancy: | 8.29 |
| Year Built: | 1920 |
| Lot Size: | 0.20 Acres |
| Opportunity Zone: | No |
| Price per unit: | $45,900 |
| Property Website | Click Here |
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