1650 US 30 Sugar Grove, IL $ 650,000
1650 US 30
$ 650,000
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1650 US 30

Sugar Grove, IL, 60554
$ 650,000
Bedrooms2 Baths0.0

Monthly Estimate*

$ 4,540

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Multi-Family Home for sale in Sugar Grove, IL

for $650,000 with 2 bedrooms. This home was built in 1970 on a lot size of 5.41.

Proud to announce this opportunity to purchase this successful by the month apartment building on busy Route 30 in Sugar Grove. Fully occupied with many long term tenants. Features 11 studio apartments and a two bedroom house on 5.41 acres of land with lots of room for more development. 11,000 vehicles per day via IDOT. Major recent improvements including roof 2019, exterior paint 2020, patch/seal/stripe parking lot 2020, 5 units remodeled 2022-2023, 4 bathroom remodels 2020, garage door 2020, enclosure for dumpster 2019, back stoop 2021, carpet 4 rooms 2020, 4 AC units 2020, 3 electric heat units 2020, 100 gallon hot water tank 2021, repipe well 2020. Financials available upon request. Can purchase the entity and maintain existing by the month apartment use, or also this lot is prime for redevelopment. Easy to tour. DO NOT DISTURB TENANTS - ALL QUESTIONS GO TO THE LIST BROKER

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Multi-Family Active

Price

$ 650,000

Bedrooms

2

Property Type

Multi-Family

Taxes

$ 7,842

Style

Lot Size

5.41

Year Built

1970

Town/City

Sugar Grove

County/Region

Kane

MLS | Web ID

12014045

Features
General
Possession Closing
Year Built 1970
Tenant Pays None
Stories 1
Township Sugar Grove
Tax Year 2022
Gross Income 0
County Kane
Net Operating Income 0
Operating Expense 0
Insurance Expense 0
Property Type Commercial Sale Multi Family 5+
Status Active
Directions IL Route 30 between IL 47 and Dugan Rd across from the airport museum
City Sugar Grove
Total Units 12
MLS Area Sugar Grove
Lot Size Square Feet 235659
Street Name US 30
Tax Annual Amount 7842
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N N
Days on Market 9
Standard Status Active
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Exterior
Lot Dimensions 240 X 982
Lot Size Acres 5.41
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* Excluded Features
List By
O'neil Property Group, Llc

Broker

frank@frankpetersonbroker.com

Email

Affordability Calculator

$5,194
Per Month
87%
13%
0%
Monthly Principal & Interest
$4,540
Monthly Property Taxes
$654
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/26/2024$650,000 Listed Price

Map


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1650 US 30, Sugar Grove, IL, 60554 is a Multi-Family Home for sale at $650,000 with a lot size of 5.41. 1650 US 30 has 2 bedrooms, 0.0 baths, and was built in 1970. The property's zip code is 60554 which is in Sugar Grove, IL