613 West Main Street

Cary, IL 60013

$450,000
Last Sold Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Great investment opportunity! 8 studio units (2 adjacent 4-flats) with 8 garage spaces on 1.25 acres Park-like setting with mature trees New roofs (2020) Parking lot repaired & seal coated (2020) Fully Rented Never a Vacancy Some long-term tenants (30 years) 2 utility rooms with washer & dryer Great rental location - close to town, walk to Metra station, close to shopping, restaurants & park district facilities Please note: taxes have been reduced from $13,844 to $11,300 (est) & property is zoned...Great investment opportunity! 8 studio units (2 adjacent 4-flats) with 8 garage spaces on 1.25 acres Park-like setting with mature trees New roofs (2020) Parking lot repaired & seal coated (2020) Fully Rented Never a Vacancy Some long-term tenants (30 years) 2 utility rooms with washer & dryer Great rental location - close to town, walk to Metra station, close to shopping, restaurants & park district facilities Please note: taxes have been reduced from $13,844 to $11,300 (est) & property is zoned R2 & is legal non-conforming
  1. Listed by Richard Dawidiuk • RE/MAX Central Inc.

Property Details for 613 West Main Street

Area
Cary / Oakwood Hills / Trout Valley
Township
Algonquin
Num Of Parking Spaces
16.0
Zoning
MULTI

Location

Listing Courtesy of RE/MAX Central Inc.

Sold By Greystone Realty

Add your commute
LISTING UPDATED: 09/14/2021 12:33 PM

Property Details for 613 West Main Street

StatusClosed
MLS #10992090
Days on Market93
Taxes$13,844 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family 5+ / Corridor-Exterior Entrance
Year Built1940
Lot Size1.25 AC / 54,450 SF
CountyMcHenry County

Location

Listing Courtesy of RE/MAX Central Inc.

Sold By Greystone Realty

Add your commute

Building Information for 613 West Main Street

Stories-Residences8Year Built1940Building Size-Lot Size1.25 AC / 54,450 SF

Payment Calculator

$3,610 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,456

Property Taxes

$1,154

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 613 West Main Street

General Information
Addtl Parking Information
  • Outdoor Parking: 13-18 Spaces,Paved,Private Lot
Location and General Information
  • Information: Other-See Remarks,No Sign on Property
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • # Of Washers: 2
  • Heat/Ventilation: Hot Water,Baseboard
  • # Of Refrigerators: 8
  • Misc Inside: Laundry Room
  • # Of Dryers: 2
  • Num of Baths: 0.0
Property/Lot Information
  • Tenant Pays: Electricity
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Multi-Family Type: Corridor-Exterior Entrance
  • Lot Dimensions: 282X242X190X116X125
  • Lot Size Square Feet: 54450.0
  • Stories: 1
  • Roof Structure: Gable
  • # Of Ranges: 8
  • MRD_UNC: No
Property and Assessments
  • Public Document Count: 1
  • Document Date: 2021-04-01T21:10:47
  • Photos Count: 1
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 8
Income & Expenses
  • Electric Expense: $468.00
  • Fuel Expense: $1,110.00
  • Gross Income: $69,456.00
  • Gross Scheduled Income: $69,456.00
  • Insurance Expense: $2,400.00
  • Maintenance Expense: $.00
  • Janitor Expense: 0
  • Total Monthly Income: 5788
  • Net Operating Income: $48,994.00
  • Operating Expense: $20,462.00
  • Other Expense: $.00
  • Trash Expense: $1,080.00
  • Water Sewer Expense: $1,560.00
Unit 1
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 1
  • Unit Type Units Total: 1
  • # Of Rooms - Unit 1: 2
  • # Of Full Bthrms - Type 1: 1
  • Monthly Income - 1: 748
Unit 2
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 2
  • Unit Type Units Total: 2
  • # Of Rooms - Unit 2: 2
  • # Of Full Bthrms - Type 2: 1
  • Monthly Income - 2: 702
Unit 3
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 3
  • Unit Type Units Total: 2
  • # Of Rooms - Unit 3: 2
  • # Of Full Bthrms - Type 3: 1
  • Monthly Income - 3: 725
  • Monthly Income Max - 3: 725
Unit 4
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 4
  • Unit Type Units Total: 1
  • # Of Rooms - Unit 4: 2
  • # Of Full Bthrms - Type 4: 1
  • Monthly Income - 4: 728
  • Monthly Income Max - 4: 728
Unit 5
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 5
  • Unit Type Units Total: 1
  • # Of Rooms - Unit 5: 2
  • # Of Full Bthrms - Type 5: 1
  • Monthly Income - 5: 708
  • Monthly Income Max - 5: 708
Unit 6
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 6
  • Unit Type Units Total: 1
  • # Of Full Bthrms - Type 6: 1
  • Monthly Income - 6: 750
  • Monthly Income Max - 6: 750
Unit 7
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 7
  • Unit Type Units Total: 0
  • # Of Rooms - Unit 7: 0
  • Monthly Income - 7: 0

Property History for 613 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 613 West Main Street

Taxable ValueLand$47,127Additions$80,832Total$127,959
Home Facts
Total Finished SqFt2,508 SqFtAbove Grade Finished SqFt2,508 SqFtStories1Lot Size54,450 SqFtStyleMulti-Family Dwelling (2-4)Year Built1940CountyMCHENRYAPN19-13-153-001Fireplace TypeHas Fireplace

Schools near 613 West Main Street

This home is within Chsd 155 School District.
Rating
School
Type
Grades
Distance
Public - 1 to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Briargate Elementary School
Public1 to 5

Cary Jr High School
Public6 to 8

Cary-Grove Community High School
Public9 to 12

Haber Oaks Campus
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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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 RE/MAX Central Inc.

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.