Income-Generating Triplex with
221 Castle Street Sandwich, IL 60548
New
221 Castle Street, Sandwich, IL, 60548
$270,000
For Sale
$270,000
Fully occupied triplex includes a detached garage with 10-foot overhead doors and separately metered units.
Property Size2,705 SF
Price / SF$99.82
Days on Market4
Property Features for 221 Castle Street
General Information
- Standard status
- Active
- Size
- 2,705 SF
- Property subtype
- Two to Four Units / 1 Story Unit/S
Listing Agency
john greene, Realtor
(630) 251-5386
Listed by
Ryan Kurtz · License #475157708
(630) 251-5386
Source
Compass
Added: Jul 14 Checked: Jul 17 at 3:50 am
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 john greene, Realtor
Investment Insights
Based on property information with market context.
This fully occupied triplex provides three separate income streams with separately metered units. The main-floor apartment features two bedrooms and one full bathroom, an eat-in kitchen with abundant cabinet space, in-unit laundry, basement storage access, a covered front porch, and use of the attached one-car garage.
The second-floor apartment offers one bedroom and one full bathroom, a private entrance, a living room, kitchen, and a private balcony deck. In addition, a detached 26' x 30' garage (780 square feet) with 10-foot overhead doors is leased as a third rental income source.
Tenancies are in place with one residential lease extending through December, while the second-floor apartment and the garage tenant are month-to-month. Recent improvements include extensive renovations to the main-floor apartment with new drywall and insulation, five new main-floor windows, a roof and gutters replaced approximately six years ago, and an 8-year-old furnace. The property has historically had tenants handle exterior maintenance.
The second-floor apartment offers one bedroom and one full bathroom, a private entrance, a living room, kitchen, and a private balcony deck. In addition, a detached 26' x 30' garage (780 square feet) with 10-foot overhead doors is leased as a third rental income source.
Tenancies are in place with one residential lease extending through December, while the second-floor apartment and the garage tenant are month-to-month. Recent improvements include extensive renovations to the main-floor apartment with new drywall and insulation, five new main-floor windows, a roof and gutters replaced approximately six years ago, and an 8-year-old furnace. The property has historically had tenants handle exterior maintenance.
Key Highlights
- Fully occupied triplex with 3 separate income streams: main‑floor apartment, second‑floor apartment, and a leased detached 26' x 30' garage
- Main‑floor unit: 2 bedrooms, 1 full bathroom, eat‑in kitchen, in‑unit laundry, basement storage access, covered front porch, and use of the attached one‑car garage
- Second‑floor unit: 1 bedroom, 1 full bathroom, private entrance, living room, kitchen, and private balcony deck
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Triplex - Fully occupied triplex includes a detached garage with 10-foot overhead doors and separately metered units.
Where is this triplex located?
The property is located at 221 Castle Street Sandwich, IL.
What is the asking price?
The asking price for this property is $270,000.
What are key features of this property?
This property features: Fully occupied triplex with 3 separate income streams: main‑floor apartment, second‑floor apartment, and a leased detached 26' x 30' garage; Main‑floor unit: 2 bedrooms, 1 full bathroom, eat‑in kitchen, in‑unit laundry, basement storage access, covered front porch, and use of the attached one‑car garage; Second‑floor unit: 1 bedroom, 1 full bathroom, private entrance, living room, kitchen, and private balcony deck
