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Key Details
Sold Price $925,000
Property Type Commercial
Sub Type Multi Family 5+
Listing Status Sold
Purchase Type For Sale
Square Footage 6,376 sqft
Price per Sqft $145
MLS Listing ID 12080901
Sold Date 07/17/24
Year Built 1960
Annual Tax Amount $12,219
Tax Year 2023
Lot Size 0.620 Acres
Lot Dimensions 137X120X110X15X27X105
Property Description
A rare opportunity to invest in a very well managed and maintained 12 unit apartment complex in a low traffic area of Plano. Each unit consists of one bedroom, 1 full bathroom, with an open concept living room and kitchen. Front and rear entrances for each apartment. The two heating systems that supply all the heat are about 3 to 4 years old. Roof in 2010. This entire property shows pride in ownership and is extremely well organized and maintained. The center section has a basement with the laundry facilities with 3 sets of coin operated washers and dryers. Office and mechanical room. The 2 wings are crawl space for easy access if needed. All leases are month to month. Some long term tenants. Tenants pay their own electric, landlord pays everything else. The present owners have owned this property for a long time and have enjoyed owning this property. But its time for something new, so Here is your chance to purchase a well run investment property that is turn key and ready to go!
Location
State IL
County Kendall
Zoning MULTI
Interior
Cooling Window Unit(s)
Fireplace Y
Exterior
View Y/N true
Roof Type Composition
Building
Foundation Concrete Perimeter
Structure Type Brick,Wood Frame
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© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Bought with Cindy Pierce • Baird & Warner
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Designated Managing Broker | Owner | 471.018027 471018027
+1(708) 226-4848 | joanna@boutiquehomerealty.com