1928 Main Street Road

Spring Grove, IL 60081

$305,000
Last Sold Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

2 buildings for sale. ONE Duplex and ONE Commercial building w/ an apartment above. Great investment opportunity. Approx 1000 sq ft of prime retail space in historic downtown Spring Grove w/rental unit above. Total commercial building space 4400. Loading dock, Original ceiling tiles, Rehabbed in 2014. Updates include, new well, concrete sidewalk, well pump, basement floors, pads and 8x8 support beams, electric, plumbing, hot water heater, ADA bathroom, hard wood flooring, lighting, drywall, windows,...2 buildings for sale. ONE Duplex and ONE Commercial building w/ an apartment above. Great investment opportunity. Approx 1000 sq ft of prime retail space in historic downtown Spring Grove w/rental unit above. Total commercial building space 4400. Loading dock, Original ceiling tiles, Rehabbed in 2014. Updates include, new well, concrete sidewalk, well pump, basement floors, pads and 8x8 support beams, electric, plumbing, hot water heater, ADA bathroom, hard wood flooring, lighting, drywall, windows, doors, hvac, duct work, water filtration, gutters, flat roof & pitched roof. Rental Unit updates include new kitchen floor, cabinets, sink, faucet, appliances, carpet & deck. Must be sold with 8016 blivin 8016 Blivin is a fully rented duplex. The upper unit was rehabbed in 2014 and the lower unit was rehabbed in 2020. Updates include, electric, plumbing, hot water heater, water filtration, roof, flooring, cabinets, counters, siding, entry doors, exterior stairs. 2.5 car garage has new siding and roof. shared well & septic, sewer available.
  1. Listed by Dawn Koenigseder • Berkshire Hathaway HomeServices Starck Real Estate

Sold By Re/Max 1st

Property Details for 1928 Main Street Road

Area
Spring Grove
Township
Burton
Num Of Parking Spaces
2.0
Zoning
COMMR
LISTING UPDATED: 05/05/2021 10:06 AM

Property Details for 1928 Main Street Road

StatusClosed
MLS #10884403
Days on Market213
Taxes$2,603 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale
Year Built1900
Lot Size0.52 AC / 22,707 SF
CountyMc Henry

Building Information for 1928 Main Street Road

Stories-Residences4Year Built1900Lot Size0.52 AC / 22,707 SF

Payment Calculator

$1,881 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,665

Property Taxes

$217

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1928 Main Street Road

General Information
Addtl Parking Information
  • Outdoor Parking: 1-5 Spaces
Location and General Information
  • Frontage Type: Public Road
  • Geographic Locale: North Suburban
  • Information: 24-Hr Notice Required
Taxes and HOA Information
  • Additional Parcels: Yes
Property Information
Interior Features
  • Air Conditioning: Central Air
  • Electric: Circuit Breakers, 101-200 Amps
  • Flooring: Carpet, Wood, Other
  • Heat/Ventilation: Forced Air,Gas
  • # Of Refrigerators: 2
  • Misc Inside: Basement
  • Num of Baths: 0.0
Exterior Features
  • # Of Apts: 3
Utilities / Equipment
  • Utilities: Sewer-Storm Available, Well-Shared, Shared Septic Connected
Property/Lot Information
  • Tenant Pays: Electricity, Heat, Scavenger
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Lot Dimensions: 87X261
  • Lot Size Square Feet: 22707.0
  • Stories: 2
  • Construction: Wood Frame
  • Fire Protection: Smoke or Fire Protectors
  • Roof Structure: Flat,Pitched
  • Foundation Details: Stone
  • Building Area Total: 6188
  • # Of Offices: 0
  • Retail SqFt: 1000
  • # Of Ranges: 2
  • # Of Stores: 1
  • Property Sub Type: Mixed Use
  • MRD_UNC: Yes
Property and Assessments
  • Docks: Interior
  • Public Document Count: 0
  • Photos Count: 31
Miscellaneous
  • Current Use: Commercial
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 4
Income & Expenses
  • Electric Expense: $.00
  • Fuel Expense: $.00
  • Gross Income: $4,110.00
  • Gross Scheduled Income: $49,320.00
  • Insurance Expense: $2,000.00
  • Total Monthly Income: 4110
  • Net Operating Income: $44,000.00
  • Operating Expense: $.00
  • Other Expense: $.00
  • Trash Expense: $.00
  • Water Sewer Expense: $.00

Property History for 1928 Main Street Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Similar 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 Berkshire Hathaway HomeServices Starck Real Estate

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. Based on information submitted to the MLS GRID as of 05/05/2021 10:06 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.