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1032 Dean Street Saint Charles, IL 60174 Multi Unit - Multiple Contingent

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Description

Well located BRICK 5-Flat For Sale on northwest side St. Charles. Fully occupied. Current tenant rents range from $750 to $1,200, depending on length of occupancy, and the on-site services tenants provide. A first year tenant pays the highest rent and has the most recently updated apartment. One 15-yr tenant does gardening and another 10-yr tenant mows the yard and plants flowers. All apartments are 1-br 1-bath, each with a storage locker and access to a free single set of washer-dryer and there is a 5-car carport. Value add opportunities... estimated market rents should be $1,400 to $1,500pm. Tenants pay their own electric, but owner pays water, sewer, trash removal, and gas even though the boiler is zoned for each unit. AC is provided by tenant-owned window units. A portion of the carport is within the 100-yr flood plain, but not the residential structure. Building is being sold as-is.

Property Highlights

Property Type: Multi Unit - Multiple

General Information

County: Kane
Listed By:
Coleman Land Company 630-377-1600
MRED MLS
$550,000
Est. $3,670/mo
Contingent
BEDS0 BATHS MLS#12724269
STATUSContingent PROPERTY TYPEMulti Unit - Multiple

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Ruhl&Ruhl Realtors
563.441.1776

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1032 Dean Street, Saint Charles, IL 60174.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $550,000$550,000$550,000
Down Payment $110,000$19,250$137,500
Monthly Mortgage Amount $2,745$3,369$3,453
Taxes $765$765$765
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$242$0
Monthly Estimated Total $3,670$4,536$4,378

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