Well-Maintained Four-Unit Investment
247-253 N Cross Street, Sycamore, IL 60178
Low-maintenance, four-unit property with recent upgrades and strong rental demand.
Type:Multifamily
Property size:
5,200 SFPrice / SF:
$110/SF- Added:
- May 13, 2026
- Days on Market:
- 17
- Last Refresh:
- May 16 at 8:44 pm
Property Features for 247-253 N Cross Street
General Information
- Standard status
- Active
- Size
- 5,200 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 2005
Listing agent Ed Hall License #471008452
Listing office Baird & Warner Naperville
Listing date May 13, 2026
Source Crexi
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All listing content including descriptions, pricing, images are the copyrighted material of Baird & Warner Naperville
HighLights
- Turnkey 4‑unit investment property with low‑maintenance brick and vinyl construction.
- Each unit has 2 bedrooms, 2 full baths, and an attached 1‑car garage, approximately 1,300 sq. ft. per unit.
- Recent major improvements including new roof and siding (2023), newer furnaces and A/C (second floor), new water softeners (2024), washers and dryers (2025), and stoves.
- Tenants pay all utilities (gas, electric, water, sewer, scavenger), maximizing owner cash flow.
- Strong rental demand in a convenient location near downtown, shopping, and expressway access; market rents estimated at $1,700-$1,900 per unit.
- Oversized lot with fenced yard and storage shed.
Overview
This well-maintained, maintenance-free brick and vinyl four-unit investment property features four spacious units. Each unit offers 2 bedrooms, 2 full baths, and an attached 1-car garage. At approximately 1,300 sq. ft. per unit, these apartments offer a townhome-like layout and size. Each unit has its own private furnace, central A/C, hot water heater, water softener, washer, and dryer. Tenants pay all utilities, including gas, electric, water, sewer, and scavenger. Ground-level units include concrete crawl spaces for additional storage. Built in 2005, this building has seen major recent improvements, including a new roof and siding in 2023, newer furnaces and A/C units in the second-floor apartments (less than 3 years old), all new water softeners in 2024, washers and dryers in 2025, and all stoves recently replaced. Each unit features a spacious primary bedroom with private en-suite bath and walk-in closet. Kitchens are fully equipped with stove, refrigerator, and dishwasher. Situated on an oversized lot over 165 feet deep, the property offers a fenced yard and storage shed that will remain. Unit 247 is month-to-month; Unit 251 lease expires 6/30/26; Units 249 and 253 are currently vacant. Strong rental demand with easy-to-rent units in a convenient location near downtown, shopping, and expressway access. Market rents estimated at $1,800-$1,900 for first-floor units and $1,700 for second-floor units. This property is ideal for an investor or owner-occupant looking to build wealth while living on-site.
Location Intelligence
Current Use by Public Records
Quadplexes
Location Insight
- Map
- Local Demand
- City
- Sycamore
- County
- DeKalb
- State
- Illinois
- Longitude
- -88.69421
- Latitude
- 41.99256
Nearby Similar for Sale
FAQs
What type of property is this?
Quadplex - Low-maintenance, four-unit property with recent upgrades and strong rental demand.
Where is this quadplex located?
The property is located at 247-253 N Cross Street Sycamore, IL.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: Turnkey 4‑unit investment property with low‑maintenance brick and vinyl construction.; Each unit has **2 bedrooms, 2 full baths, and an attached 1‑car garage**, approximately 1,300 sq. ft. per unit.; Recent major improvements including new roof and siding (2023), newer furnaces and A/C (second floor), new water softeners (2024), washers and dryers (2025), and stoves.
