401 South 2nd Street

St. Charles, IL 60174

$465,000
Last Sold Price
3
Beds
3
Baths
1
1/2 Bath
2,683 Sq. Ft.
$173 / Sq. Ft.
2,683
Sq. Ft.
$173
per Sq. Ft.

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"
  1. Listed by Katie Hemming • Hemming & Sylvester Properties

Sold By Hemming & Sylvester Properties

Property Details for 401 South 2nd Street

Area
Campton Hills / St. Charles
Township
St. Charles
Ownership
Fee Simple
Num Of Parking Spaces
4.0
Num Of Cars
4.0
Heat/Fuel
Hot Water/Steam
Zoning
COMMR

Location

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LISTING UPDATED: 12/01/2023 08:43 PM

Property Details for 401 South 2nd Street

StatusClosed
MLS #11904831
Days on Market46
Taxes$8,937 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeTwo to Four Units / 2 Story Unit/S
Year Built1870
Lot Size0.16 AC / 6,969 SF
CountyKane County

Location

Add your commute

Building Information for 401 South 2nd Street

Stories-Residences3Year Built1870Building Size-Lot Size0.16 AC / 6,969 SF

Payment Calculator

$3,282 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,538

Property Taxes

$745

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 401 South 2nd Street

General Information
School Information
  • Elementary School District: 303
  • High School District: 303
  • Middle Or Junior School District: 303
Addtl Parking Information
  • Parking: Space/s
  • Parking Details: Off Street, Driveway
  • Parking On Site: true
  • Parking Ownership: N/A
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Num Of Rooms: 10
  • Bedrooms (Below Grade): 0
  • Community Features: Sidewalks, Street Lights, Street Paved
  • Basement Type: Full
  • Bedrooms Possible: 3
  • Basement Description: Unfinished
  • # Full Baths in Building: 3
  • # Half Baths in Building: 1
  • Num of Baths: 3.1
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Public
Property/Lot Information
  • Exterior Property Features: Porch
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: Yes
  • Rehab Year: 2022
  • Built Before 1978: Yes
  • Age: 100+ Years
  • Lot Size: Less Than .25 Acre
  • Lot Dimensions: 7043
  • Total # Units in Building: 3.0
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding, Brick
  • Foundation Details: Concrete Perimeter
  • General Information: School Bus Service
  • Lot Size Source: Survey
  • 3 Br Un In Bldg: No
  • Conversion: N
Property and Assessments
  • Public Document Count: 3
  • Document Date: 2023-10-17T16:06:06
  • Photos Count: 33
  • Deconversion: N
  • OpenHouse Count: 1
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Unit 1
  • Unit Type Actual Rent: $1,330.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 1
  • Lease Expiration Date: 02/24
Unit 2
  • Unit Type Actual Rent: $1,425.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 2
  • Lease Expiration Date: 03/24
Unit 3
  • Unit Type Actual Rent: $1,000.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 3
  • Lease Expiration Date: 05/24

Property History for 401 South 2nd Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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.

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 Hemming & Sylvester Properties

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 12/01/2023 08:43 PM. 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.