Updated Six-Unit Apartment
For Sale
Contact for pricing
524 S Cross St, Sycamore, IL 60178
Income-producing multifamily property with renovated interiors, in-unit climate control, laundry income, and parking improvements.
Property SizeContact for details
Days on Market145
Property Features for 524 S Cross St
General Information
Standard status
Active
Property subtype
Multifamily
Units
Unit Mix
6 x 1BR
Multifamily Units
6
Additional Details
Cap Rate
10.5%
Amenities
laundry room
Listing Agency:
Castle View Real Estate
Listed By:
Tom Vierig · License #IL 478.026440
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Aug 31 at 3:57AM
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 Castle View Real Estate
Investment Insights
Based on property information with market context.
This six-unit apartment building contains spacious one-bedroom residences with large rooms, walk-in closets, and hardwood flooring in four units. Recent improvements include a new roof, gutters, fascia, electrical work, lighting, doors, paint, landscaping, and individual mini-split heating and air conditioning in each unit. Tenants pay their own electric service, including unit heating and cooling, while a central boiler provides backup heat.
A dedicated laundry room includes two washer-and-dryer sets, creating an additional income source. The property also provides garage parking for 4 vehicles along with additional off-street parking. Located at 524 S Cross St in Sycamore, Illinois, the building is offered with a stated 10.5 CAP Rate.
A dedicated laundry room includes two washer-and-dryer sets, creating an additional income source. The property also provides garage parking for 4 vehicles along with additional off-street parking. Located at 524 S Cross St in Sycamore, Illinois, the building is offered with a stated 10.5 CAP Rate.
Key Highlights
- Six spacious 1‑bedroom apartment units
- Renovations within the last 3 years include roof, electrical, lighting, doors, paint, and landscaping
- Individual mini‑split heat and A/C installed in every unit
Property Analytics
Property Profile
Current Use
Lease Details
6
Residential units
Location Intelligence
Trade Area within ½ mile
777
Businesses Nearby
Explore this area
Business Placement
Demographics for 60178, IL
22,386
Population
9,151
Households
2.4
Avg Household Size
39
Median Age
44%
College-Educated
96%
High-School Grad
67.2 sq mi
ZIP Area
333
Density / Sq Mi
$88,314
Median Household Income
$47,157
Median Earnings
$1,084
Median Rent
$262,700
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Apartment building - Income-producing multifamily property with renovated interiors, in-unit climate control, laundry income, and parking improvements.
Where is this apartment building located?
The property is located at 524 S Cross St Sycamore, IL.
What are key features of this property?
This property features: Six spacious 1‑bedroom apartment units; Renovations within the last 3 years include roof, electrical, lighting, doors, paint, and landscaping; Individual mini‑split heat and A/C installed in every unit
