112 Railroad StGardner, IL 60424

Property Details for 112 Railroad St

Lot size

0.46 AC

Property size (Sq ft)

5,244 SF

Property type

Commercial real estate

APN

12-09-127-006

APU

1209127006

Description

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.

• Alternative Use

  Use

  Valuation

  Residential

  $1,659,669

  Hospitality

  $1,520,248

  Educational

  $1,264,829

  Medical

  $1,308,328

  Retail

  $1,967,511

Location Insight

City

Gardner

County

Grundy

State

Illinois

Latitude

41.1847

Longitude

-88.3126

CBSA code

16980

CBSA name

CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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