18-20 West Main Street

Plano, IL 60545

$355,000
Last Sold Price
10
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Located in the heart of Plano, this property consists of 9 residential units, 1 commercial unit and a two car garage. Offered at a 10.23% Cap Rate, this unique value-add investment opportunity is currently 84% occupied.Located in the heart of Plano, this property consists of 9 residential units, 1 commercial unit and a two car garage. Offered at a 10.23% Cap Rate, this unique value-add investment opportunity is currently 84% occupied.
  1. Listed by Donna Beth Petri • Caton Realty

Property Details for 18-20 West Main Street

Area
Plano
Township
Little Rock
Num Of Parking Spaces
0.0
Zoning
OTHER

Location

Listing Courtesy of Caton Realty

Sold By eXp Realty, LLC

Add your commute
LISTING UPDATED: 06/10/2021 02:48 PM

Property Details for 18-20 West Main Street

StatusClosed
MLS #10971156
Days on Market147
Taxes$10,742 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family 5+ / Multi Family 5+-Other
Year Built1920
Lot Size0.01 AC / 398 SF
CountyKendall County

Location

Listing Courtesy of Caton Realty

Sold By eXp Realty, LLC

Add your commute

Building Information for 18-20 West Main Street

Stories-Residences9Year Built1920Building Size-Lot Size0.01 AC / 398 SF

Payment Calculator

$2,833 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,937

Property Taxes

$895

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 18-20 West Main Street

General Information
Addtl Parking Information
  • Indoor Parking: 1-5 Spaces
  • Outdoor Parking: Other
Location and General Information
  • Information: 24-Hr Notice Required,List Broker Must Accompany
Taxes and HOA Information
  • Additional Parcels: Yes
Property Information
Interior Features
  • Air Conditioning: Central Individual, Office Only, Window Unit(s), Zoned
  • Heat/Ventilation: Electric,Forced Air,Gas,Wall Unit
  • Misc Inside: Inside Corridor/s
  • Num of Baths: 0.0
Property/Lot Information
  • Owners Association: No
  • Tenant Pays: Air Conditioning, Electricity, Heat, Other
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Multi-Family Type: Other
  • Lot Dimensions: 40 X 99 APPROX
  • Lot Size Square Feet: 398.0
  • Stories: 2
  • Construction: Brick
  • MRD_UNC: No
Property and Assessments
  • Possible Use: Commercial, Multi-Family, Retail, Other
  • Public Document Count: 0
  • Photos Count: 1
Miscellaneous
  • Current Use: Other
  • Location: Central Business District,Public Transport Avail
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 9
Income & Expenses
  • Electric Expense: $2,878.00
  • Fuel Expense: $672.00
  • Gross Income: $74,400.00
  • Gross Scheduled Income: $74,400.00
  • Insurance Expense: $3,400.00
  • Maintenance Expense: $.00
  • Manager Expense: $3,105.00
  • Electric Expense Source: Actual
  • Expense Year: 2020
  • Total Annual Expense Source: Actual
  • Fuel Expense Source: Actual
  • Insurance Expense Source: Actual
  • Janitor Expense: 0
  • Manager Expense Source: AC
  • Net Operating Income Year: 2020
  • Other Expense Source: Actual
  • Trash Expense Source: Actual
  • Total Monthly Income: 0
  • Water Expense Source: Actual
  • Net Operating Income: $37,783.00
  • Operating Expense: $18,212.00
  • Other Expense: $.00
  • Trash Expense: $1,725.00
  • Water Sewer Expense: $1,795.00
Unit 1
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 1
  • Unit Type Units Total: 2
  • # Of Rooms - Unit 1: 5
  • # Of Full Bthrms - Type 1: 1
  • Monthly Income - 1: 600
Unit 2
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 2
  • Unit Type Units Total: 3
  • # Of Rooms - Unit 2: 4
  • # Of Full Bthrms - Type 2: 1
  • Monthly Income - 2: 575
Unit 3
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 3
  • Unit Type Units Total: 1
  • # Of Rooms - Unit 3: 4
  • # Of Full Bthrms - Type 3: 1
  • Monthly Income - 3: 550
  • Monthly Income Max - 3: 550
Unit 4
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 4
  • Unit Type Units Total: 1
  • # Of Rooms - Unit 4: 2
  • # Of Full Bthrms - Type 4: 1
  • Monthly Income - 4: 550
  • Monthly Income Max - 4: 550
Unit 5
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 5
  • Unit Type Units Total: 1
  • # Of Rooms - Unit 5: 2
  • # Of Full Bthrms - Type 5: 1
  • Monthly Income - 5: 500
  • Monthly Income Max - 5: 500
Unit 6
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 6
  • Unit Type Units Total: 1
  • # Of Full Bthrms - Type 6: 0
  • Monthly Income - 6: 0
  • Monthly Income Max - 6: 0
Unit 7
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 7
  • Unit Type Units Total: 0
  • # Of Rooms - Unit 7: 0
  • Monthly Income - 7: 0

Property History for 18-20 West Main Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 18-20 West Main Street

This home is within Plano Community Unit School District 88.
Rating
School
Type
Grades
Distance
Public - PK to 1
Public - 2 to 3
Public - 4 to 6
Public - 7 to 8
Rating
School
Distance
P H Miller Elementary School
PublicPK to 1

Centennial Elementary School
Public2 to 3

Emily G Johns School
Public4 to 6

Plano Middle School
Public7 to 8

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.

Similar Homes

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Similar Sold Homes

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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 Caton Realty

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.