1. Illinois
  2. Sandwich
  3. 207 E Church Street
$1,119,000

207 E Church Street, Sandwich, IL 60548

  • 13,159 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 2006
  • Property Lot Size Icon0.57acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $85/sqft
  • Property List Date Icon Listed 1 year ago

Property Description

Do you need space for your business and want other tenants to contribute towards mortgage? This property may be perfect for you! The upper floor has over 3,000, finished, sq. ft. available. Ideal commercial investment or lease opportunity with high visibility. Traffic counts between 9,600 and 11,000 per day (IDOT) Modern elevator building with ample parking. The basement has a finished lobby, common bathrooms, and high ceilings making this space an easy build out for even more additional income. Well established tenants are made up of a nationally known company. No worries here with fly by night tenants. POTENTIAL GROSS INCOME OF $153,065 with units B and F rented for a CAP RATE of 8.4%. Add a basement tenant or two for an even higher cap rate. Much potential here!

Listing Status:
Active
Listing Office:
Castle View Real Estate : 815-508-1918
Listing Agent:
Thomas Vierig : 815-508-1918
MLS ID:
11951748
  • Flooring: CarpetConcreteOther
  • A/C: Central Air

This listing courtesy of Thomas Vierig, Castle View Real Estate

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

H

Herman E Dummer

422 S Wells St, Sandwich, IL, 60548

Grades 4-5

0.21 miles away

S

Sandwich Middle School

600 S Wells St, Sandwich, IL, 60548

Grades 6-8

0.26 miles away

S

Sandwich Community High School

515 Lions Rd, Sandwich, IL, 60548

Grades 9-12

0.40 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.