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400 E Lafayette Street Somonauk, IL 60552 Multi Unit - Multiple Contingent

  • 400 E Lafayette Street, Somonauk, IL 60552 Main Photo

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Description

Rare opportunity to own a ranch duplex in Somonauk! This well-maintained property features two 2-bedroom, 1-bath units on the first floor, each offering approximately 750 square feet on the main level plus full basements - a hard-to-find layout that appeals to both tenants and owner-occupants alike. Unit A has been completely remodeled and truly stands out. The updated kitchen showcases custom gray cabinetry, quartz countertops, and stainless steel appliances. In addition to the 750 sq ft main level, this unit features a newly finished full basement and an additional full bathroom, bringing the total finished living space to nearly 1,500 square feet. Perfect for an owner-occupant looking for extra space while generating rental income. Unit B is occupied by a long-term tenant, providing immediate and consistent cash flow. Current rent is below market value, offering strong upside potential for future increases. The property also includes a detached 2-car garage and separate living spaces for simplified management. Whether you're looking to house hack or expand your investment portfolio, this ranch duplex offers flexibility, updates, and income potential in one attractive package.

Property Highlights

Property Type: Multi Unit - Multiple

General Information

Bedrooms: 4
Bathrooms: 3
County: DeKalb
Listed By:
iHome Real Estate 630-779-3963
MRED MLS
$309,900
Est. $1,978/mo
4beds
3baths
2cars
Contingent
BEDS4 BATHS3 full MLS#12564928
STATUSContingent PROPERTY TYPEMulti Unit - Multiple SCHOOLDistrict 432

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Ruhl&Ruhl Realtors
563.441.1776

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400 E Lafayette Street, Somonauk, IL 60552.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $309,900$309,900$309,900
Down Payment $61,980$10,847$77,475
Monthly Mortgage Amount $1,447$1,776$1,884
Taxes $431$431$431
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$136$0
Monthly Estimated Total $1,978$2,443$2,415

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