For Sale
$650,000

112 Railroad St Gardner, IL 60424

Six-unit building, prime location, great return.

Overview

Added:
Feb 3
Days on market:
78
This exceptional investment opportunity presents a six-unit commercial building ideally situated at 112 S Railroad Street in Gardner, Illinois. Constructed in 1996, the property boasts a solid all-brick exterior with vinyl-clad windows, ensuring both durability and aesthetic appeal. The building sits on a crawl space foundation. Heating is provided by a gas system, and several units have recently benefited from upgraded furnaces and air conditioning units, minimizing future maintenance concerns for the new owner. Each unit offers convenient laundry hookups located in a dedicated mudroom area, adding to the overall tenant appeal. The property encompasses a sizable 0.46-acre lot, providing ample space and potential for future expansion or outdoor amenities. Priced at $650,000, this multi-unit building represents a compelling investment prospect in a desirable location. The strong construction, recent upgrades, and convenient features make this property an attractive option for both seasoned investors and those seeking a stable, income-generating asset. The existing tenant base provides immediate cash flow, making this a turnkey investment ready for a new owner to step in and manage. The location in Gardner, IL offers a strong potential for continued growth and rental income. This is a rare opportunity to acquire a well-maintained, income-producing property in a thriving market.

Property Details for 112 Railroad St

Property type
Commercial real estate
Year Built
1996
Lot Size (sq. ft)
20,038 SF

Location Insight

City
Gardner
County
Grundy
State
Illinois
Latitude
41.18473
Longitude
-88.31261

FAQs

What type of property is this?
Commercial real estate - Six-unit building, prime location, great return.
Where is the commercial real estate located?
The property is located at 112 Railroad St Gardner, IL.
What is the asking price?
The asking price for this property is $650,000.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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112 Railroad St
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