207 E Church Street Sandwich, IL ^$ 1,119,000

207 E Church Street

^$ 1,119,000

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207 E Church Street

Sandwich, IL, 60548

^$ 1,119,000

Studio Baths0.0 Sq 13,159

Monthly Estimate*

^$ 7,817

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Studio

Commercial Property for sale in Sandwich, IL

for $1,119,000. This 13,159 square foot building was built in 2006 on a lot size of 0.572888.

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. LOI on file for unit B making this property fully rented with the exception of the basement which has the potential to bring additional income and already has a finished lobby, common bathrooms, and high ceilings make this space an easy build out. Well established tenants are made up of a nationally known company and there is even a federally back leased. No worries here with fly by night tenants. With a cap rate of 9.13%, this money making property would make a great start or addition to your income property portfolio. Income based on current owner doing a lease back on unit B.

Commercial Active

Price

^$ 1,119,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 25,381

Style

Commercial

Lot Size

0.572888

Year Built

2006

Town/City

Sandwich

County/Region

De Kalb

MLS | Web ID

11951748

Features

General

Cooling Central Air

Possession Closing Tenant's Rights

Roof Composition

Construction Materials Wood Frame

Year Built 2006

Electric Circuit Breakers

Tenant Pays Varies by Tenant

Stories 2

Township Sandwich

Tax Year 2022

Current Use Commercial

Gross Income 154440

County De Kalb

Net Operating Income 102192

Operating Expense 52248

Insurance Expense 4717

Property Type Commercial Sale Retail/Stores

Status Active

Directions Rt 34 (Church St) Sandwich

City Sandwich

Total Units 8

MLS Area Sandwich

Lot Size Square Feet 24955

Street Name Church

Tax Annual Amount 25381

Electric Expense 3733

Fuel Expense 1431

Trash Expense 1833

Water Sewer Expense 4212

Additional Parcels Y/N N

Leasable Area 3054

Days on Market 44

Lease Type N/A

Standard Status Active

Interior

Flooring Carpet Concrete Other

Street Suffix Street

Exterior

Foundation Details Concrete Perimeter

Building Area Total 13159

Lot Dimensions 217 X 115

Frontage Type State Road

Exterior Stucco Stone

* Excluded Features

List By

Castle View Real Estate

Broker

realtortomv@gmail.com

Affordability Calculator

$9,932

Per Month

Monthly Principal & Interest: $7,817
Monthly Property Taxes: $2,115
Monthly Home Insurance: --

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Down Payment

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Yearly 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

Trends
Schools

Commerical listings in Sandwich, IL

Average List Price ^$434,933

Percent of Sale Price 61%

About Sandwich, IL

7,181 Population

9% Since 2002

^$59,093 Median Income

38.41 Median Age

31% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
12/27/2023	$1,119,000		Listed Price

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207 E Church Street, Sandwich, IL, 60548 is a Commercial Property for sale at $1,119,000 with 13,159 sqft and a lot size of 0.572888. 207 E Church Street is a studio with 0.0 baths and was built in 2006. The property's zip code is 60548 which is in Sandwich, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is 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.

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Data is updated as of 5/23/2024.

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207 E Church Street

Commercial Property for sale in Sandwich, IL

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