401 South 2nd Street
401 South 2nd Street
$465,000
3
3
1
2,683
2,683
$173
Closed 12/1/23
Description
Amazing investment opportunity! Here's your chance to own a prime property in downtown St. Charles. This 3 unit multi-family conversion property has recently been renovated & is within walking distance to the highly acclaimed river corridor in St. Charles with restaurants, shops & breweries. Across the street from where the new Whole Foods will be sits this gem of a property. A gracious front porch adds to the curb appeal and is accessed by units 1 & 3. Unit 2 is in the back and has its own private...Amazing investment opportunity! Here's your chance to own a prime property in downtown St. Charles. This 3 unit multi-family conversion property has recently been renovated & is within walking distance to the highly acclaimed river corridor in St. Charles with restaurants, shops & breweries. Across the street from where the new Whole Foods will be sits this gem of a property. A gracious front porch adds to the curb appeal and is accessed by units 1 & 3. Unit 2 is in the back and has its own private patio. The home offers two first floor units and one second floor unit. Both lower units offer complete electrical upgrades and renovated bathrooms and kitchens in 2022. Most of the plumbing was updated and the hardwood floors were refinished as well The second floor unit was totally remodeled in 2016 with new windows, hardwood floors, full kitchen & new appliances. All of the water heaters were replaced in 2018 & 2 of the boilers were replaced in 2019. The home has been recently painted both on the interior and the exterior and is fully rented with timely paying tenants. There are 4 off street parking spaces. Since it is zoned CBD-2, these properties allow full residential uses with an option of mixed retail services. Worth the look for a savvy investor - live in one unit and rent the other two. A stairway to an unfinished attic provides expansion opportunity. Tenants pay all utilities - separate meters for each apartment. The chimney was completely rebuilt in 2022. A pre-approval letter must be presented before showings will be arranged. More information uploaded in Add'l Info. PLEASE NOTE - There was a parcel split in September 2023 so the taxes are approximate. Also, there is a shared driveway with the parcel to the south. There is an egress/ingress easement recorded. The Plat of Survey is uploaded. This property is being sold "as is"
- Listed by Katie Hemming • Hemming & Sylvester Properties
Sold By Hemming & Sylvester Properties
Property Details for 401 South 2nd Street
Area
Campton Hills / St. Charles
TownshipSt. Charles
OwnershipFee Simple
Num Of Parking Spaces4.0
Num Of Cars4.0
Heat/FuelHot Water/Steam
ZoningCOMMR
Location
LISTING UPDATED: 12/01/2023 08:43 PM
Property Details for 401 South 2nd Street
Status | Closed |
---|---|
MLS # | 11904831 |
Days on Market | 46 |
Taxes | $8,937 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Two to Four Units / 2 Story Unit/S |
Year Built | 1870 |
Lot Size | 0.16 AC / 6,969 SF |
County | Kane County |
Location
Building Information for 401 South 2nd Street
Stories-Residences3Year Built1870Building Size-Lot Size0.16 AC / 6,969 SF
Payment Calculator
$3,282 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 401 South 2nd Street
Property History for 401 South 2nd Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 401 South 2nd Street
Taxable ValueLand$63,455Additions$121,018Total$184,473
Tax Record2022$14,895 ($1,241 / month)
Home Facts
Beds0Total Finished SqFt2,686 SqFtAbove Grade Finished SqFt2,686 SqFtStories2Lot Size13,504 SqFtStyleSingle Family ResidenceYear Built1870Year Renovated1969CountyKANEAPN09-34-131-014
Schools near 401 South 2nd Street
This home is within Community Unit School District 303.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 2 | |||
Public - | 3 to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Davis Primary School PublicK to 2 | ||
Richmond Intermediate School Public3 to 5 | ||
Thompson Middle School Public6 to 8 | ||
St Charles East 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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