501 West Main Street

West Dundee, IL 60118

$369,900
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Great opportunity to own this perfectly located building sitting on double corner lot with great visibility and plenty of parking space. Many permitted uses including- office, restaurant, retail, antique shops, beauty shop etc. Building is also zoned residential.Great opportunity to own this perfectly located building sitting on double corner lot with great visibility and plenty of parking space. Many permitted uses including- office, restaurant, retail, antique shops, beauty shop etc. Building is also zoned residential.
  1. Listed by Michalina Tac • Baird & Warner

Property Details for 501 West Main Street

Area
Dundee / East Dundee / Sleepy Hollow / West Dundee
Township
Dundee
Num of Interior Fireplaces
0
Zoning
COMMR

Location

Listing Courtesy of Baird & Warner
Add your commute
LISTING UPDATED: 12/18/2023 12:06 AM

Property Details for 501 West Main Street

StatusActive
MLS #11831846
Days on Market407
Taxes$7,531 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale
Year Built1881
Lot Size0.16 AC / 7,008 SF
CountyKane County

Location

Listing Courtesy of Baird & Warner
Add your commute

Building Information for 501 West Main Street

Stories-Residences2Year Built1881Lot Size0.16 AC / 7,008 SF

Payment Calculator

$2,646 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,019

Property Taxes

$628

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 501 West Main Street

General Information
Addtl Parking Information
  • Outdoor Parking: 6-12 Spaces
Location and General Information
  • Frontage Type: City Street
  • Geographic Locale: Northwest Suburban
  • Information: None
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: Central Air
  • Electric: Circuit Breakers
  • Flooring: Wood
  • Heat/Ventilation: Forced Air,Gas
  • Washer/Dryer Lsd: No
  • Misc Inside: Accessible Entrance,Storage Inside,Basement
  • Num of Baths: 0.0
Exterior Features
  • # Of Apts: 0
  • Misc Outside: Accessible Entrance
Property/Lot Information
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Lot Dimensions: 0
  • Lot Size Square Feet: 7008.0
  • Stories: 2
  • Exterior Building Type: Steel Siding
  • Fire Protection: Fire Extinguisher/s,Carbon Monoxide Detector(s)
  • Building Area Total: 1644
  • # Of Offices: 3
  • # Of Stores: 0
Property and Assessments
  • Possible Use: Commercial, Conditional Use, Retail, Special Use, Other
  • Public Document Count: 0
  • Photos Count: 20
Miscellaneous
  • Location: Corner,Mixed Use Area
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 2
Income & Expenses
  • Electric Expense: $1,000.00
  • Fuel Expense: $1,000.00
  • Gross Income: $2,700.00
  • Gross Scheduled Income: $40,000.00
  • Insurance Expense: $1,500.00
  • Electric Expense Source: Broker Projection
  • Fuel Expense Source: Broker Projection
  • Insurance Expense Source: Broker Projection
  • Trash Expense Source: Broker Projection
  • Total Monthly Income: 2700
  • Water Expense Source: Broker Projection
  • Other Expense: $.00
  • Trash Expense: $1,000.00
  • Water Sewer Expense: $500.00

Property History for 501 West Main 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 501 West Main Street

Taxable ValueLand$28,739Additions$56,744Total$85,483
Tax Record2022$7,531 ($628 / month)
Home Facts
Total Finished SqFt1,644 SqFtAbove Grade Finished SqFt1,644 SqFtStories2StyleMiscellaneous CommercialYear Built1881CountyKANEAPN03-22-456-004

Schools near 501 West Main Street

This home is within Community Unit School District 300.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 12
Rating
School
Distance
Dundee Highlands Elementary School
PublicK to 5

Dundee Middle School
Public6 to 8

Dundee-Crown High School
Public9 to 12

Oak Ridge School
Public6 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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501 West Main Street is a mixed use property for sale in West Dundee, IL 60118. This property was listed for sale on July 20, 2023 by Baird & Warner, it's currently listed at $369,900. This listing's school district is Community Unit School District 300. Nearby schools include Dundee Highlands Elementary School, Dundee Middle School and Dundee-Crown High School. 501 West Main Street is a 0-bed, 0-bath, mixed use property built in 1881.

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 Baird & Warner

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.