John Ruhl
- Buy
- Sell
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
MLS ID: 12724269
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1032 Dean Street, Saint Charles, IL 60174.
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563-441-1862
toll free 866-441-1862
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 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 |
John Ruhl
REALTOR®
Cell: (563) 320-5488
NAI Ruhl Commercial
5111 Utica Ridge Road
Davenport, IA 52807
(563) 355-4000
Davenport, IA 52807
(563) 355-4000
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