205 Sandra Ave

Mendota, IL 61342

$5,000,000
Price
126
Beds
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

An exceptional investment opportunity awaits at 205 Sandra Avenue, Mendota, IL! This expansive 41,184 SF multifamily property offers incredible potential for investors in a burgeoning market. Strategically located in a community experiencing growth, this asset provides an ideal blend of stability and potential appreciation. The property's generous size allows for diverse tenant options, maximizing occupancy and revenue streams. With convenient access to local amenities and transportation, it promises...An exceptional investment opportunity awaits at 205 Sandra Avenue, Mendota, IL! This expansive 41,184 SF multifamily property offers incredible potential for investors in a burgeoning market. Strategically located in a community experiencing growth, this asset provides an ideal blend of stability and potential appreciation. The property's generous size allows for diverse tenant options, maximizing occupancy and revenue streams. With convenient access to local amenities and transportation, it promises to attract a steady tenant base. Investors will appreciate the opportunity to capitalize on the area's upward trajectory, ensuring long-term returns and portfolio growth. Secure your stake in this promising market today!
  1. Listed by Karen Kramford • Century 21 Circle

Property Details for 205 Sandra Avenue

Area
Mendota
LISTING UPDATED: 04/15/2025 03:02 AM

Property Details for 205 Sandra Avenue

StatusActive
MLS #12151805
Days on Market394
Taxes$45,510 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family 5+ / Corridor-Interior Entrance
Year Built1978
Lot Size-
CountyLaSalle County

Location

Listing Courtesy of Century 21 Circle
Add your commute

Building Information for 205 Sandra Avenue

Stories2Residences56Year Built1978Building Size-Lot Size-

Payment Calculator

$29,990 per month

30 year fixed, 6.845% Interest

Principal and Interest

$26,197

Property Taxes

$3,793

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 205 Sandra Avenue

General Information
Location and General Information
  • Information: List Broker Must Accompany,No Sign on Property
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Heat/Ventilation: Electric
  • Num of Baths: 0.0
Property/Lot Information
  • Tenant Pays: Air Conditioning, Electricity, Heat
  • Built Before 1978: No
  • Approximate Age: 36-50 Years
  • Multi-Family Type: Corridor-Interior Entrance,Garden Complex
  • Lot Dimensions: 272 X 530 X 272 X 532
  • Stories: 2
Property and Assessments
  • Public Document Count: 0
  • Photos Count: 6
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 56
Income & Expenses
  • Electric Expense: $11,137.00
  • Fuel Expense: $11,014.00
  • Gross Income: $480,549.00
  • Gross Scheduled Income: $484,788.00
  • Insurance Expense: $22,224.00
  • Maintenance Expense: $200.00
  • Manager Expense: $40,895.00
  • Janitor Expense: 2628
  • Total Monthly Income: 40380
  • Net Operating Income: $313,218.00
  • Operating Expense: $186,782.00
  • Other Expense: $23,610.00
  • Trash Expense: $10,160.00
  • Water Sewer Expense: $21,412.00
Unit 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 1
  • Unit Type Units Total: 12
Unit 2
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 2
  • Unit Type Units Total: 18
Unit 3
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 3
  • Unit Type Units Total: 26
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 205 Sandra Avenue

DateEvent & SourcePriceAppreciation
Mar 6, 2025

Price Change

MRED #12151805

$5,000,000
Aug 30, 2024

Listed (Active)

MRED #12151805

$5,600,000
Jun 6, 2019

Sold (Public Record)

Public Record #1317910725

$300,000

-96.0% / yr

Oct 17, 2018

Sold (Public Record)

Public Record #1300623399

$2,300,000
Oct 20, 2006

Sold (Public Record)

Public Record #1116956817

$2,300,000
DateEvent & SourcePrice
03/06/2025

Price Change

MRED #12151805

$5,000,000
08/30/2024

Listed (Active)

MRED #12151805

$5,600,000
06/06/2019

Sold (Public Record)

Public Record #1317910725

$300,000

-96.0% / yr

10/17/2018

Sold (Public Record)

Public Record #1300623399

$2,300,000
10/20/2006

Sold (Public Record)

Public Record #1116956817

$2,300,000

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

Public Records for 205 Sandra Avenue

Taxable ValueLand$14,458Additions$462,542Total$477,000
Tax Record2024$41,319 ($3,443 / month)
Home Facts
Total Finished SqFt3,432 SqFtAbove Grade Finished SqFt3,432 SqFtLot Size144,619 SqFtStyleMiscellaneous CommercialCountyLASALLEAPN01-32-421-015

Schools near 205 Sandra Avenue

This home is within Mendota Central Consolidated School District 289.
Rating
School
Type
Grades
Distance
Public - K to 1
Public - 2 to 4
Public - 5 to 8
Public - 9 to 12
Rating
School
Distance
Blackstone Elementary School
PublicK to 1

Lincoln Elementary School
Public2 to 4

Northbrook School
Public5 to 8

Mendota Twp 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.

Similar Homes

Similar Sold Homes

205 Sandra Avenue is a multi-family home for sale in Mendota, IL 61342. This property was listed for sale on August 30, 2024 by Century 21 Circle, it's currently listed at $5,000,000. It has been on the market for a total of 394 days and was last sold on June 6, 2019. This listing's school districts are Mendota Central Consolidated School District 289, Mendota Twp Hsd 280 School District. Nearby schools include Blackstone Elementary School, Lincoln Elementary School and Northbrook School. 205 Sandra Avenue is a 126-bed, 0-bath, multi-family home built in 1978.

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. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Century 21 Circle

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. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 04/15/2025 03:02 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.