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Property profile & analytics
OFF-MARKET
Commercial real estate

205 Sandra Ave Mendota, IL 61342-2409

3,432 SF 3.32 ac lot
Entity Owned 7-yr Hold ~ Est. High Equity
Property ID
US28-4297547
Property summary
AI-generated overview

Exceptional turnkey investment opportunity awaits at Wentworth Commons, a sprawling 3.32-acre property in Mendota, Illinois. This remarkable complex comprises 14 buildings encompassing a total of 56 individual rental units, offering a diverse mix of floor plans to cater to a wide range of tenants. The property boasts a substantial 49,711 square feet of rentable space, distributed across 12 one-bedroom, 18 two-bedroom, and 26 three-bedroom apartments. This established multi-family complex presents a compelling investment prospect due to its strong tenant base and strategic location. Situated in Mendota, the property benefits from proximity to local employers, providing a readily available pool of potential renters. Furthermore, the convenient location near the neighboring towns of Rochelle and LaSalle, which house a variety of employers including food processing and chemical companies, further enhances the property's appeal and potential for consistent rental income. The property's size and established tenant base make it an ideal investment for those seeking a stable and profitable venture in the Illinois commercial real estate market. This turnkey opportunity requires minimal upfront effort, allowing investors to capitalize on the existing infrastructure and established rental income stream. The asking price for this exceptional property is $5,600,000.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Total area 3,432 SF
Lot 3.32 ac (144,619 SF)
APN 01-32-421-015
UPID US28-4297547
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Paragon Stays Hotel & Motel Vacation Rental
  • Wentworth Commons Apartment Building Apartment Rental Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Sandra Ave LLC · 7 yrs held
Sandra Ave LLC
since 2019
3 recorded transactions
2019
$300,000
2018
$2.3M
2006
$2.3M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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