39 Church St Sandwich, IL 60548
- Commercial real estate
- 3,490 SF
Current Use by Public Records
- Commercial real estate
Property Details for 39 Church St
- Year built
- 1910
- Property size
- 3,490 SF
- Property type
- Commercial real estate
Description
This exceptional investment opportunity presents a fully leased, five-unit multi-family property ideally situated in the heart of Sandwich, Illinois, on Route 34. The property comprises two buildings: a four-unit structure at 39 E Church Street and a separate single-unit building located at 39 1/2 E Church Street. The combined total of 3,490 square feet offers eight bedrooms and six bathrooms across all five units. A significant advantage is the private parking lot and shared driveway, providing ample parking for residents. Currently, all units are occupied under month-to-month leases, generating substantial rental income. Tenants are responsible for all utilities except water, sewer, and garbage, minimizing operational expenses for the owner. Each unit features its own electric meter, further simplifying utility management and cost tracking. The property's strong cash flow potential, coupled with low overhead, makes it an attractive addition to any investment portfolio. An existing survey is available, confirming the property boundaries and the absence of any unpermitted improvements. This turnkey investment is priced at $350,000 and offers immediate return on investment. The property's prime location and strong tenant occupancy make this a rare opportunity in the Sandwich market.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Sandwich
- County
- DeKalb
- State
- Illinois
- Longitude
- -88.62089
- Latitude
- 41.64441
