Cary, IL 60013,109 Cary ST
Cary, IL 60013,109 Cary ST
Cary, IL 60013,109 Cary ST
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$875,000
Est. payment /mo
3,600 SqFt
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UPDATED:

11/03/2024 07:05 PM

Key Details

Property Type Multi-Family

Sub Type Multi Family 5+

Listing Status Active

Purchase Type For Sale

Square Footage 3,600 sqft

Price per Sqft $243

MLS Listing ID 12187349

Maintenance Fees $999,999

Year Built 1865

Annual Tax Amount $15,512

Tax Year 2023

Lot Size 5,662 Sqft

Lot Dimensions 85X65

Property Description

Cary Street Apartments, a fully occupied, seven-unit multifamily property in the heart of Cary, Illinois. The building features a mix of two studios and five one-bedroom units, with several recently updated, modernized apartments. With full occupancy, this well-maintained property ensures stable cash flow for investors, while offering additional income potential from an unfinished 408 sq. ft. basement that can be converted into storage or office space. Located just 200 feet from the Metra station, tenants enjoy easy access to downtown Cary and major transportation routes. The property also offers on-site laundry, private parking, and balconies in select units. With tenant-paid utilities such as water and electric, this is a prime investment opportunity for those seeking a reliable, income-generating asset in a highly accessible location. Capital Improvements:Capital Improvements: 2022 full renovation Unit 104, 2022 full renovation Unit 111, 2023 full renovation unit 109C, 2023 full renovation unit 109 B, 2024 full renovation unit 109 D, 2022 new boiler, 2022 new water heater, 2024 new roof, 2024 new gutters, 2024 sealcoating, 2024 re-striped parking lot.

Location

State IL

County Mchenry

Area Cary / Oakwood Hills / Trout Valley

Zoning MULTI

Interior

Cooling Window Unit(s)

Fireplace N

Exterior

Utilities Available Sanitary Sewer, Water-Municipal, Water to Site, Cable Available

Roof Type Composition

Building

Dwelling Type Multi Family 5+

Level or Stories 2

Structure Type Other


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Midwest Real Estate Data (MRED) IDX
Listed by Paul Proano • Coldwell Banker Commercial NRT

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109 Cary ST