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503/507 Grundy Street

Mazon, Illinois 60444


Sheila Montet
847.381.0300

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$235,000


Square Footage
40,712
Sheila Montet
847.381.0300
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Property Type
Vacant Land
Neighborhood
Mazon


LOOKING FOR POSITIVE CASH FLOW?? THIS IS IT!! THREE BUILDINGS TOTALING 10,742 SQUARE FEET ON JUST UNDER 1-ACRE COMMERCIAL LOT. ONE BLDG, BUILT IN 1988, IS 30'X50' (1,500SF) W/(8) 4'X15' STORAGE UNITS RENTED FOR $25/MO PLUS (6) 8'X15' STORAGE UNITS RENTED FOR $50/MO. INCOME FOR THIS BLDG IS $500/MO. A 2ND BLDG, BUILT IN 1996, IS 20'X80' (1,600SF) W/(7) 10'X20' STORAGE UNITS RENTED FOR $50/MO & (4) 4'X10' UNITS RENTED FOR $25/MO FOR A TOTAL OF $450/MONTH. EVEN THOUGH RENTS ARE WELL BELOW MARKET RATES, THERE STILL IS MONTHLY POSITIVE CASH FLOW OF $950 MINIMUM FOR THESE 2 BLDGS ALONE. THE 3RD BLDG, BUILT IN 1957, IS INSULATED & HAS A TOTAL OF 7,642 SF INCLUDING 4 GAS HEATERS, 200 AMP SERVICE, OFFICE AREA W/NEW METAL ROOF, KITCHEN W/REFRIG, GAS STOVE, FREEZER, MICRO, DBL SINK, & POPCORN MACHINE, 2 HALF BATHS, 2 OVERHEAD DOORS (10'X12' & 12'X12'), & 5 STORAGE UNITS OF VARIOUS SIZES. SEE MLS #09494176 FOR A 2ND LISTING WHICH INCL ONLY 2 BLDGS TOTALING 9,142SF W/$500 MONTHLY INCOME



Full Features
Basement: None
Parking Spaces: 0
Water Front: No
Square Feet: 40
Tax Amount: $6,068
Tax Year: 2015


Taxes & Assessments
Taxes: $6,068

Listing Office: Century 21 Coleman-Hornsby

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Mazon

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School District(s)
Mazon-verona-kinsman Esd 2c, Seneca Twp Hsd 160
High School

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503/507 Grundy Street Mazon, Illinois 60444 is a vacant land property, currently listed at $235,000. Want to learn more about 503/507 Grundy Street Mazon, Illinois 60444? Contact an @properties agent to request more info.


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