Listed by Sue Englert of Elm Street,REALTORS
Wonderful 4 unit property one block from downtown Sycamore with restaurants, shops, library, courthouse and post office. Property generates annual income of appox. $44,100. Large building has 3, 2 bedroom, two story apartments with hardwood floors. New hardi-board siding 2008, new windows 2008, new roof 2007. This property includes these addresses: 202 & 204 W Maple St. and 124 & 126 Elm St. The Coach House at 124 W Elm is a two bedroom with 720 square feet and washer and dryer in unit. Unit 126 is freshly painted and has new carpet. All utilities are serarate and tenants pay their own utilities. The building has individual furnaces, water meters and electric meters. The zoning for this building is Legal Non-Conforming for it's current use because it is zoned C 2 - Central Business. It could be used for office spaces, etc. All units access the basement where each unit has its own washer and dryer. NOTE: This property has a CAP RATE of over 12% at list price.

Sycamore, IL Demographics

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Sycamore, IL Schools

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Based on information submitted to MRED  as of October 23, 2021 . All data is obtained from various sources and has not been, and will not be, verified by broker or MRED.   All information should be independently reviewed and verified for accuracy.  Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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