For Sale
$515,000

105 Depot St Somonauk, IL 60552

Ten-unit building, high occupancy, strong returns.

Overview

Added:
Feb 3
Days on market:
80
This exceptional 6,000 square foot commercial property located at 105 N Depot Street, Somonauk, IL, presents a compelling investment opportunity. Situated on a 0.2-acre lot, this multifamily building boasts ten units, offering versatile living spaces ideal for a variety of tenants. Originally constructed in 1920, the building underwent thoughtful renovations in 2019, ensuring a blend of historic charm and modern functionality. Currently enjoying full occupancy, this investment promises immediate and substantial returns. The property is zoned INC, providing flexibility for potential future uses. Meticulously maintained, this property represents a stable and attractive investment for those seeking a lucrative addition to their portfolio. The strong occupancy rate and proven rental income stream demonstrate the inherent value and potential for further growth. This is a rare opportunity to acquire a well-maintained, income-producing property in a desirable location. The combination of historical character, recent updates, and strong rental demand makes this a truly exceptional investment prospect. The property's size and location offer significant potential for long-term appreciation. Don't miss this chance to secure a profitable and stable investment in a thriving community.

Property Details for 105 Depot St

Property type
Commercial real estate
Square Feet
6,000 SF
Year Built
1920
Lot Size (sq. ft)
8,712 SF

Location Insight

City
Somonauk
County
DeKalb
State
Illinois
Latitude
41.63395
Longitude
-88.68237

FAQs

What type of property is this?
Commercial real estate - Ten-unit building, high occupancy, strong returns.
Where is the commercial real estate located?
The property is located at 105 Depot St Somonauk, IL.
What is the asking price?
The asking price for this property is $515,000.
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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105 Depot St
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