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$175,000
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503/507 Grundy Street

Mazon, Illinois 60444
Closed / MLS #9494179 / Vacant Land / Mazon
Listing information updated 11/6/2019 at 4:03pm
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
Water Front:
No
Square Feet:
N/A
Lot Size:
.50-.99 Acre
Acreage:
.93

Taxes & Assessments

Tax Amount:
$6,068
Tax Year:
2015

Location

Zip Code:
60444
City:
Mazon
County:
Grundy

Schools

School District(s):
2, 160
Elementary School:
Mazon-Verona-Kinsman Elementary
Middle School:
Mazon-Verona-Kinsman Middle Scho
High School:
Seneca Township High School

Listing Office: Century 21 Coleman-Hornsby

Listing Office Phone: 815.942.9190

Disclaimer: The data relating to real estate for sale on this website comes courtesy of Midwest Real Estate Data, LLC as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 11/6/2019 at 4:03pm. 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.

$201,744
Average Sale Price
117
Average Days On The Market
95%
Sales Prices VS. List Price
Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.
Map of 503/507 Grundy Street, Mazon, IL 60444

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503/507 Grundy Street is a vacant land which sold for $175,000. This vacant land has been listed on @properties since February 3rd, 2017. Nearby schools include Mazon-Verona-Kinsman Elementary, Mazon-Verona-Kinsman Middle Scho, and Seneca Township High School.

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