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    112 N Chase Street

    Wheaton, IL 60187
    • $489,000
    • STATUS: Active Under Contract
    • ON SITE: 77 days
    • MLS #: 11092715
    Under Contract
    UPDATED: 31 min ago
    $489,000
    • 0
      BEDS
    • 0.13
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,000
      SQFT
    • $245
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1963
    County:
    Area:

    School Ratings & Info

    Description

    AWESOME OPPORTUNITY! Rarely available 5 unit (all studios), 1 block south of Wheaton College. Fully occupied (3 tenants have been there 15+ years) Smallest unit is leasing at $850/month, the other 4 at $700/month, which lends to a value add opportunity. Roof is 5 years old, hot water heater approximately 4 years, asphalt drive installed in 2020 (5 parking spaces). This will not last long!

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    © 2021 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or John Lyons Real Estate | Baird & Warner. Based on information submitted to the MRED as of 2021-08-05T10:51:54.19 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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    112 N Chase Street Wheaton, IL 60187

    • Price: $489,000
    • Status: Active Under Contract
    • Updated: 31 min ago
    • MLS #: 11092715
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.13
    Acres
    2,000
    SQFT
    $245
    $/SQFT
    1963
    Built
    Neighborhood:
    Wheaton
    County:
    DuPage
    Area:
    Wheaton
    Property Description
    AWESOME OPPORTUNITY! Rarely available 5 unit (all studios), 1 block south of Wheaton College. Fully occupied (3 tenants have been there 15+ years) Smallest unit is leasing at $850/month, the other 4 at $700/month, which lends to a value add opportunity. Roof is 5 years old, hot water heater approximately 4 years, asphalt drive installed in 2020 (5 parking spaces). This will not last long!
    Exterior Features

    Construction Materials BrickBlock Foundation Details BlockBrick/MortarConcrete Perimeter Frontage Type City Street Outdoor Parking 1-5 Spaces Parking Total 5

    Interior Features

    Cooling Window Unit(S) Electric 0-100 Amps Heat Ventilation Radiant Number Of Bedrooms Type5 0 Number Of Bedrooms Type6 0 Number Of Bedrooms Unit1 0 Number Of Bedrooms Unit2 0 Number Of Bedrooms Unit3 0 Number Of Bedrooms Unit4 0 Number Of Full Bathrooms Type1 1 Number Of Ranges 5 Number Of Refrigs 5 Number Of Rooms Unit Five 0 Number Of Rooms Unit Four 0 Number Of Rooms Unit Six 0 Number Of Rooms Unit1 2 Number Of Rooms Unit2 0 Number Of Rooms Unit3 0 Number Of Rooms Unit7 0 Number Of Units Apt Type1 5 Number Of Units Apt Type2 0 Number Of Units Apt Type3 0 Number Of Units Apt Type4 0 Number Of Units Apt Type5 0 Number Of Units Apt Type6 0 Number Of Units Apt Type7 0

    Property Features

    Additional Parcels YN No Built Before1978 YN Yes Cap Rate 5.24 Current Use Multi-Family Electric Expense 207 Expense Year 2020 Exterior Building Type BrickBlock Fuel Expense 1083 Gross Income 43800 Gross Scheduled Income 43800 Insurance Expense 2694 Janitor Expense 0 Lot Size Dimensions 12 X 170 X 55 X 164 Maintenance Expense 289 Monthly Income Max1 850 Net Operating Income Year 2020 Operating Expense 18159 Other Expense 0 Owners Assoc YN No Tax Annual Amount 9647 Tax Year 2020 Tenant Pays Air ConditioningElectricityVaries By Tenant Total Monthly Income 3650 Trash Expense 0 Type Multi Family Other Unincorporated YN No Utilities Water-CommunityWater-Municipal Washer Dryer Leased YN No Water Sewer Expense 2652 Zoning Multi

    Listing information © 2021 Midwest Real Estate Data LLC.
    Listing provided courtesy of Re/Max Suburban.


    © 2021 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or John Lyons Real Estate | Baird & Warner. Based on information submitted to the MRED as of 2021-08-05T10:51:54.19 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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