105 Depot StSomonauk, IL 60552

Property Details for 105 Depot St

Property type

Commercial real estate

APN

18-32-478-014

APU

1832478014

Description

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.

Location Insight

City

Somonauk

County

Dekalb

State

Illinois

Latitude

41.634

Longitude

-88.6824

CBSA code

16980

CBSA name

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

Property Tax & Assessments

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