Two-Unit Residential Income
202 North 5th Street St Charles, IL 60174
For Sale
$389,000
Pending
Well-maintained two-flat offers two 2-bedroom, 1-bath units with private entrances and off-street parking.
Property Size2,050 SF
Days on Market30
Property Features for 202 North 5th Street
General Information
- Standard status
- Pending
- Size
- 2,050 SF
- Property subtype
- Two to Four Units / 2 Flat
Building Details
- Year Built
- 1910
Listing Agency:
Karen Douglas Realty
(630) 232-1234
Listed By:
Susan Kalina · License #475130370
(630) 232-1234
Source:
Compass
Added: Jun 24
Changed: Jul 22
Last Checked: Jul 23 at 8:00AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Karen Douglas Realty
Investment Insights
Based on property information with market context.
This well-maintained two-flat residential income property features two spacious 2-bedroom, 1-bath units. The first-floor unit is vacant and has a private entrance, a large front porch, and a rear deck and patio. The second-floor unit is rented through May 2027 and includes a private entrance, a small deck, and attic storage with pull-down stairs.
The building also includes a large fenced yard with a shed, a full basement with shared washer and dryer, and a driveway providing off-street parking. Public remarks note multiple improvements over the last 12 years, including roof and windows, furnace, water heater, two 100-amp electric panels, tuckpointing, and some appliances.
Both units are configured as two-bedroom, one-bath spaces, supported by a shared basement laundry setup and separate exterior access through private entrances.
The building also includes a large fenced yard with a shed, a full basement with shared washer and dryer, and a driveway providing off-street parking. Public remarks note multiple improvements over the last 12 years, including roof and windows, furnace, water heater, two 100-amp electric panels, tuckpointing, and some appliances.
Both units are configured as two-bedroom, one-bath spaces, supported by a shared basement laundry setup and separate exterior access through private entrances.
Key Highlights
- Two‑flat built in 1910 with two 2‑bedroom, 1‑bath units in downtown St. Charles
- 2nd floor unit is rented through May 2027 at $1,600/month plus electric
- 1st floor unit is vacant and features a private entrance, large front porch, rear deck, and patio
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $41.1k | $20.04 |
| − Vacancy | −$3.1k | −$1.50 |
| EGI | $38.0k | $18.54 |
| − OpEx | −$11.4k | −$5.56 |
| NOI | $26.6k | $12.98 |
2,050 SF · lease $20.04/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$380.0K
$332.5K – $443.4K
NOI $26,601 @ 7.0% cap · market cap 6.84%
Second Best
Apartment 5plus
$339.7K
$297.3K – $396.4K
NOI $23,782 @ 7.0% cap · market cap 6.11%
Theoretical Best
Office A
$707.8K
$619.3K – $825.7K
NOI $49,544 @ 7.0% cap · market cap 12.74%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Well-maintained two-flat offers two 2-bedroom, 1-bath units with private entrances and off-street parking.
Where is this duplex located?
The property is located at 202 North 5th Street St Charles, IL.
What is the asking price?
The asking price for this property is $389,000.
What are key features of this property?
This property features: Two‑flat built in 1910 with two 2‑bedroom, 1‑bath units in downtown St. Charles; 2nd floor unit is rented through May 2027 at $1,600/month plus electric; 1st floor unit is vacant and features a private entrance, large front porch, rear deck, and patio
