1650 Highway 30

Sugar Grove, IL 60554

$650,000
Price
2
Beds
12
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Proud to announce this opportunity to purchase this successful by the month apartment building on busy Route 30 in Sugar Grove. Fully occupied with many long term tenants. Features 11 studio apartments and a two bedroom house on 5.41 acres of land with lots of room for more development. 11,000 vehicles per day via IDOT. Major recent improvements including roof 2019, exterior paint 2020, patch/seal/stripe parking lot 2020, 5 units remodeled 2022-2023, 4 bathroom remodels 2020, garage door 2020, enclosure...Proud to announce this opportunity to purchase this successful by the month apartment building on busy Route 30 in Sugar Grove. Fully occupied with many long term tenants. Features 11 studio apartments and a two bedroom house on 5.41 acres of land with lots of room for more development. 11,000 vehicles per day via IDOT. Major recent improvements including roof 2019, exterior paint 2020, patch/seal/stripe parking lot 2020, 5 units remodeled 2022-2023, 4 bathroom remodels 2020, garage door 2020, enclosure for dumpster 2019, back stoop 2021, carpet 4 rooms 2020, 4 AC units 2020, 3 electric heat units 2020, 100 gallon hot water tank 2021, repipe well 2020. Financials available upon request. Can purchase the entity and maintain existing by the month apartment use, or also this lot is prime for redevelopment. Easy to tour. Do not disturb tenants - all questions go to the list broker
  1. Listed by Franklin Peterson • O'Neil Property Group, LLC

Property Details for 1650 Highway 30

Area
Sugar Grove
Township
Sugar Grove

Location

Listing Courtesy of O'Neil Property Group, LLC
Add your commute
LISTING UPDATED: 04/03/2024 01:52 AM

Property Details for 1650 Highway 30

StatusActive
MLS #12014045
Days on Market47
Taxes$7,842 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family 5+ / Corridor-Exterior Entrance
Year Built1970
Lot Size5.41 AC / 235,659 SF
CountyKane County

Location

Listing Courtesy of O'Neil Property Group, LLC
Add your commute

Building Information for 1650 Highway 30

Stories-Residences12Year Built1970Building Size-Lot Size5.41 AC / 235,659 SF

Payment Calculator

$4,201 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,547

Property Taxes

$654

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1650 Highway 30

General Information
Addtl Parking Information
  • Open Parking Spaces: 24.0
Location and General Information
  • Information: 24-Hr Notice Required,List Broker Must Accompany
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Heat/Ventilation: Electric
  • Num of Baths: 12.0
Property/Lot Information
  • Tenant Pays: None
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Multi-Family Type: Corridor-Exterior Entrance,Other
  • Lot Dimensions: 240 X 982
  • Lot Size Square Feet: 235659.0
  • Stories: 1
Property and Assessments
  • Documents Available: Aerial Map,Rent Roll,Floor Plan,Existing Survey,Tax Bill,Traffic Counts,Backup Package
  • Public Document Count: 0
  • Photos Count: 12
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 12
Income & Expenses
  • Electric Expense: $.00
  • Fuel Expense: $.00
  • Gross Income: $.00
  • Gross Scheduled Income: $.00
  • Insurance Expense: $.00
  • Maintenance Expense: $.00
  • Janitor Expense: 0
  • Total Monthly Income: 0
  • Net Operating Income: $.00
  • Operating Expense: $.00
  • Other Expense: $.00
  • Trash Expense: $.00
  • Water Sewer Expense: $.00
Unit 1
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 1
  • Unit Type Units Total: 11
Unit 2
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 2
  • Unit Type Units Total: 1
Unit 3
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 3
  • Unit Type Units Total: 0
Unit 4
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 4
  • Unit Type Units Total: 0
Unit 5
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 5
  • Unit Type Units Total: 0
Unit 6
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 6
  • Unit Type Units Total: 0
Unit 7
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 7
  • Unit Type Units Total: 0

Property History for 1650 Highway 30

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 1650 Highway 30

This home is within Kaneland Community Unit School District 302.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Kaneland Mcdole Elementary School
PublicPK to 5

Harter Middle School
Public6 to 8

Kaneland Senior High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1650 Highway 30 is a multi-family home for sale in Sugar Grove, IL 60554. This property was listed for sale on March 26, 2024 by O'Neil Property Group, LLC, it's currently listed at $650,000. This listing's school district is Kaneland Community Unit School District 302. Nearby schools include Kaneland Mcdole Elementary School, Harter Middle School and Kaneland Senior High School. 1650 Highway 30 is a 2-bed, 12-bath, multi-family home built in 1970.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of O'Neil Property Group, LLC

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.