105 Depot St
$515,000
105 Depot St Somonauk, IL 60552
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About this listing
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.
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Cap Rate
7.71%
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NOI
$39,706
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Building Size
6,000 sqft
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Lot Area
0.2 acres
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Units
10
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Year Built
1920
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Zoning
INC
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MLS ID
12275449
DESCRIPTION
- • Tax Roll Number: 1832478014
- • Annual Tax: $ 8140.0
- • Average Floor Size: 2000.0
- • Average Occupancy Rate: 100.0
- • Gross Income: $ 106920.0
- • Age: Over 50 Years Old
- • Lot Size: Under 1/2 Acre
- • Sewer: City
- • Water: City Water
