3334 W Elm Street
MCHENRY, IL 60050

Status: Sold
Mixed Use
0 beds
0 baths
2,493 sq.ft
Listing Price: $145,000

About this home

High Visibility on Route 120 with a Corner Location for this Fully Rented Two Unit Building. First Floor is 1, 645 sq ft with Bathroom and access to the Basement for plenty of Storage. Main Floor tenant is a Resale Shop that pays all Utilities. 2nd Floor is a 848 sq ft 2 Bed/1 Bath Apartment and Tenant pays Electric. Separately Metered. Parking available on the West Side of Building(Park St), 4 spots plus parking on Park St and Rte 120. Property being sold As-Is

Property details

Property / Lot Details
Approximate Age Older
Number Of Apts 1
BuildingAreaTotal 2493
Property Type Mixed Use
CurrentUse Commercial
Lot Dimensions 66X82
Fire Protection None
FrontageType City Street, State Road
LotSizeSquareFeet 5412
Number Of Offices 0
Number Of Ranges 1
PropertySubType Apts/Stores
NumberOfUnitsTotal 2
School / Neighborhood, Utilities, Financing, Location Details
Air Conditioning Central Air
Area Major Holiday Hills / Johnsburg / McHenry / Lakemoor / McCullom Lake / Sunnyside / Ringwood
Zoning Type COMMR
Directions NE Corner of RT 12O(Elm St) and Park St
Electricity Circuit Breakers
Geographic Locale Northwest Suburban
Location Central Business District, Corner
Township MCHENRY
Unincorporated No
Virtual Tour, Parking / Garage, Exterior Features, Multi-Unit Information
Approx Year Built 1900
ConstructionMaterials Wood Frame
Exterior Building Type Aluminum Siding
Foundation Block, Concrete Perimeter
Parking Total 4
MRD Virtual Tour Image360+realtor
Virtual Tour Date 02/03/2019 7:55 pm
Interior Features
Heat/Ventilation Electric, Wall Unit
Fireplace Count 1
Number Of Refrigs 1
Stories 2

Financials

Investment Profile Commercial Sale
CapRate 8.59
Estimated Cam/Sf 0
ElectricExpense 0
Known Encumbrances None Known
Expense Year 2018
Total Annual Expense Source Actual
Financing Cash
Fuel Expense 0
Gross Rental Income $20,400
Gross Rent Multiplier 7.1
Insurance Expense $999
Insurance Expense Source Actual
ExistingLeaseType N/A
Net Oper Income $12,461
Net Operating Income Year 2018
Other Expense 0
Scavenger Expense $297
Total Monthly Income 1700
OperatingExpense 7939
Water Expense $469

Tax/Assessments/Liens

Multiple Pin Numbers 0
PIN 0926453007
Taxes $6,172
Tax Year 2017
$145,000 Listing Price:
MLS # 10258553
Investment Profile Commercial Sale
Listing Market Time 138 days
Basement
List Date 01/27/2019
Year Built 1900
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