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Casey Voris
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(847) 934-1153
Direct Office:
(815) 482-8200
kcv@mc.net
IL Lic # 475.098690
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SOLD
$850,000
Date 08/17/2023

115 E Main Street
Saint Charles, IL 60174

Mixed Use, Business Opportunities
Residence
Courtesy: Coleman Land Company

Description for 115 E Main Street Saint Charles, IL 60174

MIXED-USE building available, in historic downtown St. Charles. Available For Sale as an investment in the rapidly appreciating riverside commercial sector of St. Charles... THE Pride of the Fox. This property is primed for an investor featuring a cap rate of 8.55% and a gross rent multiplier of 9.25 Three commercial units are on the first floor and 4 residential apartments are on the second, and all are leased with long-term tenants and with typical expiration dates. There is also a partial 2,300sf basement. The financial information contained herein is believed to be correct, but buyer's verification is recommended via the due diligence process.

Property Details

11734156
Mixed Use, Business Opportunities, Other
Kane
1900
Brick
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Courtesy: Coleman Land Company
Listings courtesy of MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 5/13/2024. All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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.

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Casey Voris

330 W. Virginia St., Crystal Lake, IL 60014 | Phone: (815) 482-8200 | Email: kcv@mc.net

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