Skip To Content

160 Sherman Avenue

Montgomery, IL 60538
  • $975,000
  • STATUS: Active Under Contract
  • ON SITE: 35 Days
  • MLS #: 11917560
Under Contract
UPDATED: 68 min ago
$975,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1910
County:
Area:

School Ratings & Info

Description

Here is the opportunity of a lifetime to own an unique investment rental property in Montgomery. There are 4-1BR/1B, 1-2BR/1B, 1-3BR/1.5B. The 3-BR unit has a deck and an enclosed porch looking out onto a beautiful park-like setting. Four units are completely remodeled while plans are available for the other 2 units. The 2 buildings are on 1+ acre with a huge open space to the north. The 3 BR unit is vacant so a buyer can rent or live in it. Both buildings have new roofs, new siding, and many new windows. Rentals equal +/- $8700 per mo. All is ready for a new owner to be successful! At the owner's request there is no sign posted. Only agent accompanied clients with a scheduled appointment are permitted on the property. Qualified buyers only.

Monthly Payment Calculator



© 2023 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 Keller Williams Success Realty. Based on information submitted to the MRED as of 2023-12-01T22:58:24.953 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
www.lewkepartners.com/homes/144772773
Print Image

160 Sherman Avenue Montgomery, IL 60538

  • Price: $975,000
  • Status: Active Under Contract
  • On Site: 35 Days
  • Updated: 68 min ago
  • MLS #: 11917560
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1910
Built
Neighborhood:
Montgomery
County:
Kane
Area:
Montgomery
Property Description
Here is the opportunity of a lifetime to own an unique investment rental property in Montgomery. There are 4-1BR/1B, 1-2BR/1B, 1-3BR/1.5B. The 3-BR unit has a deck and an enclosed porch looking out onto a beautiful park-like setting. Four units are completely remodeled while plans are available for the other 2 units. The 2 buildings are on 1+ acre with a huge open space to the north. The 3 BR unit is vacant so a buyer can rent or live in it. Both buildings have new roofs, new siding, and many new windows. Rentals equal +/- $8700 per mo. All is ready for a new owner to be successful! At the owner's request there is no sign posted. Only agent accompanied clients with a scheduled appointment are permitted on the property. Qualified buyers only.
Exterior Features

Exterior Building Type Vinyl Siding Frontage Type City Street Land Amenities Other Outdoor Parking 6-12 Spaces Parking Total 12 Roof Structure Gable

Interior Features

Heat Ventilation Forced Air

Property Features

Additional Parcels YN No Approximate Age Older Building Area Total 3602 Built Before1978 YN Yes Contingency Other Contingency Continue To Show No - has seller written direction Current Use Multi-Family Gross Income 105000 Gross Scheduled Income 105000 Insurance Expense 0 Maintenance Expense 0 Mls Actual Status Contingent Net Operating Income 85000 Operating Expense 19500 Ownership Types Limited Liability Corp Possible Use Multi-Family Tax Annual Amount 9848.9 Tax Year 2022 Total Monthly Income 8700 Township Aurora Type Multi Family 5+ Zoning MULTI

Listing information © 2023 Midwest Real Estate Data LLC.
Listing provided courtesy of On The Mark Realty, Llc: 630-340-3105.


© 2023 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 Keller Williams Success Realty. Based on information submitted to the MRED as of 2023-12-01T22:58:24.953 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
 
https://bt-photos.global.ssl.fastly.net/mred/1280_boomver_1_11917560-1.jpg https://bt-photos.global.ssl.fastly.net/mred/1280_boomver_1_11917560-1.jpg https://bt-photos.global.ssl.fastly.net/mred/1280_boomver_1_11917560-1.jpg
Logo
Keller Williams Success Realty
43 E Crystal Lake Ave
Crystal Lake IL, 60014