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    300 Main Street

    Chana, IL 61015
    • $75,000
    • STATUS: Active
    • ON SITE: 76 days
    • MLS #: 11036506
    $75,000
    • 0
      BEDS
    • 0.18
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,400
      SQFT
    • $22
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1920
    County:
    Area:

    School Ratings & Info

    Description

    CALLING ALL INVESTORS! Turn key investment property with cap rate of over 10% located in Chana. Home to the US Postal Office with a large 3 bedroom apartment upstairs that also features a 1500 square feet garage space underneath. Rent the apartment out upstairs and you also have the option to turn the garage into storage rental space or use for storage of your own personal items. The post office has been a long term renter and has 2 years left on their lease. Tenants pay their own utilities. Unique opportunity to own a property with great cash flow!

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    © 2021 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or eXp Realty. Based on information submitted to the MRED as of 2021-06-14T23:52:33.71 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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    300 Main Street Chana, IL 61015

    • Price: $75,000
    • Status: Active
    • MLS #: 11036506
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.18
    Acres
    3,400
    SQFT
    $22
    $/SQFT
    1920
    Built
    Neighborhood:
    Chana
    County:
    Ogle
    Area:
    Chana
    Property Description
    CALLING ALL INVESTORS! Turn key investment property with cap rate of over 10% located in Chana. Home to the US Postal Office with a large 3 bedroom apartment upstairs that also features a 1500 square feet garage space underneath. Rent the apartment out upstairs and you also have the option to turn the garage into storage rental space or use for storage of your own personal items. The post office has been a long term renter and has 2 years left on their lease. Tenants pay their own utilities. Unique opportunity to own a property with great cash flow!
    Exterior Features

    Foundation Details Concrete Perimeter Parking Total 3 Roof Composition

    Interior Features

    Cooling None Electric 0-100 Amps Fire Protection Fire Extinguisher/S Heat Ventilation Propane Number Of Apts 1 Number Of Offices 1 Number Of Stores 2

    Property Features

    Additional Parcels YN No Built Before1978 YN Yes Electric Expense 0 Exterior Building Type Vinyl Siding Fuel Expense 0 Geographic Locale Out Of Area Gross Income 11640 Gross Scheduled Income 11640 Insurance Expense 0 Lot Size Dimensions 45X122X88X122 Other Expense 320 Tax Annual Amount 2101.68 Tax Year 2020 Tenant Pays ElectricityHeatScavengerSewer Total Monthly Income 1000 Trash Expense 0 Water Sewer Expense 0

    Listing information © 2021 Midwest Real Estate Data LLC.
    Listing provided courtesy of Re/Max Of Rock Valley.


    © 2021 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or eXp Realty. Based on information submitted to the MRED as of 2021-06-14T23:52:33.71 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

    Digital Millennium Copyright Act
     
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    eXp Realty
    1544 Shermer Road
    Northbrook IL, 60062