207 Church St Sandwich, IL 60548

This exceptional mixed-use property in Sandwich, IL, presents a compelling investment opportunity. Located at 207 E Church St, this two-story, 13,159 square foot building boasts a strong 8.52% cap rate and a net operating income (NOI) of $95,362. The property features seven units, including executive and medical office spaces, and is situated on a 24,955 square foot lot. Built in 2006, the building includes a modern elevator and ample parking, catering to its diverse tenant base. Currently, the property enjoys high occupancy, with a Letter of Intent on file for one unit, resulting in nearly full occupancy. The unfinished basement offers significant potential for additional income generation, featuring a finished lobby, common bathrooms, and high ceilings, making it easily adaptable. The tenant roster includes a nationally recognized company and a federally backed lease, ensuring stability and minimizing risk. Daily traffic counts average between 9,600 and 11,000 vehicles (per IDOT data), providing excellent visibility and accessibility. The asking price is $1,119,000, translating to $85.04 per square foot. This property is offered on a gross lease basis and represents a strong addition to any income property portfolio. The current income is based on a lease-back arrangement for one unit. Prospective buyers are strongly encouraged to schedule a viewing appointment. Unauthorized entry is strictly prohibited.