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Key Details
Sold Price $1,275,000
Property Type Commercial
Sub Type Multi Family 5+
Listing Status Sold
Purchase Type For Sale
Square Footage 45,000 sqft
Price per Sqft $28
MLS Listing ID 11699335
Sold Date 03/31/23
Year Built 1920
Annual Tax Amount $22,290
Tax Year 2021
Lot Size 5.330 Acres
Lot Dimensions 5.33 ACRES
Property Sub-Type Multi Family 5+
Property Description
Eighteen total residential units and one church in this updated historic structure. Units range from 1400 square feet to 2400 square feet. The building has extra wide hallways and stairways for the ease of tenant move-in/out. The 5 story structure is serviced by an elevator. Within this offering is a Catholic Church which occupies a portion of ground level. The building has been totally renovated top to bottom within the last 15 years. Great rent history, with many long term tenants including three units that are corporate leases year after year. Also included is an out building at 2900 square feet which could be easily built out to 2 or 3 additional units. Two parking lots give ample space for residential and church parking. There is individual gas forced air heat and central air conditioning per unit. Gas, electric, etc. are all separately metered. Come take a look at this well maintained historic building situated along the Fox River in Ottawa/LaSalle County Illinois.
Location
State IL
County La Salle
Interior
Cooling Central Air, Central Individual
Fireplace N
Exterior
View Y/N true
Building
Structure Type Brick
Others
HOA Fee Include None
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Bought with Daniel Ferraro • Garry Real Estate