645 East Lasalle Street

Somonauk, IL 60552

$495,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Located just a few miles from Lake Holiday! 100% Occupied! Unique Mixed-Use Property with additional income potential in Somonauk, IL. Discover an exceptional opportunity to own this two-story building as a versatile investment that includes three apartments, three office storefronts, and eight garage storage units. The apartments, each featuring 1 bedroom, 1 bathroom, laundry facilities, and an open-concept living room and kitchen, are designed for comfortable living. They offer both a main entrance...Located just a few miles from Lake Holiday! 100% Occupied! Unique Mixed-Use Property with additional income potential in Somonauk, IL. Discover an exceptional opportunity to own this two-story building as a versatile investment that includes three apartments, three office storefronts, and eight garage storage units. The apartments, each featuring 1 bedroom, 1 bathroom, laundry facilities, and an open-concept living room and kitchen, are designed for comfortable living. They offer both a main entrance with stairs or chair lift access and individual entrances from the upper deck. Notably, all apartments and offices are equipped with a 2-hour fire rating, ensuring safety and security. The retail/office spaces come with dedicated bathrooms and have been tailored to the unique needs of their current occupants, making this property suitable for various business ventures. Ample parking space for up to 26 cars is provided in the expansive concrete parking lot. All apartments, offices, and garages are fully occupied, having maintained a continuous rental history. Current rental rates are below the market average, offering a compelling opportunity for increased income and return on investment. Enjoy this low maintenance investment w newer improvements included-new roof, siding, deck (2023) and 3 newer patio sliding doors, 3 furnaces, 4 hot water heaters replaced in approx (2021). This is an excellent addition to your investment portfolio, offering both immediate rental income and potential for future growth.
  1. Listed by Alison Rosenow • American Realty Illinois LLC

Property Details for 645 East Lasalle Street

Area
Somonauk
Township
Northville
Zoning
COMMR

Location

Listing Courtesy of American Realty Illinois LLC
Add your commute
LISTING UPDATED: 03/04/2024 12:52 PM

Property Details for 645 East Lasalle Street

StatusActive
MLS #11927218
Days on Market165
Taxes$7,551 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale
Year Built1993
Lot Size0.95 AC / 41,477 SF
CountyLaSalle County

Location

Listing Courtesy of American Realty Illinois LLC
Add your commute

Building Information for 645 East Lasalle Street

Stories-Residences6Year Built1993Lot Size0.95 AC / 41,477 SF

Payment Calculator

$3,331 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,701

Property Taxes

$629

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 645 East Lasalle Street

General Information
Addtl Parking Information
  • Outdoor Parking: 19-30 Spaces
  • Open Parking Spaces: 26.0
Location and General Information
  • Frontage Type: County Road, Frontage Road
  • Geographic Locale: Far West
  • Information: 24-Hr Notice Required,List Broker Must Accompany
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: Central Air
  • Electric: Circuit Breakers
  • # Of Washers: 3
  • Heat/Ventilation: Central Heat/Indiv Controls
  • # Of Refrigerators: 3
  • # Of Dryers: 3
  • Num of Baths: 0.0
Exterior Features
  • # Of Apts: 3
  • Misc Outside: Balcony/ies,Enclosed Stairs
Utilities / Equipment
  • Utilities: Electric to Site, Gas to Site, Septic-Private, Well Private
Property/Lot Information
  • Tenant Pays: Air Conditioning, Electricity, Heat
  • Built Before 1978: No
  • Approximate Age: 26-35 Years
  • Lot Dimensions: 115X298X164X299
  • Lot Size Square Feet: 41477.0
  • Stories: 2
  • Exterior Building Type: Vinyl Siding
  • Construction: Wood Frame
  • Roof Type: Composition
  • Fire Protection: Smoke or Fire Protectors,Other
  • Roof Structure: Truss
  • Foundation Details: Concrete Perimeter
  • Building Area Total: 5120
  • # Of Offices: 3
  • Office SqFt: 2560
  • Other SqFt: 2400
  • # Of Ranges: 3
  • # Of Stores: 0
  • MRD_UNC: No
Property and Assessments
  • Possible Use: Commercial, Retail
  • Public Document Count: 2
  • Document Date: 2024-01-25T23:01:51
  • Photos Count: 47
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 6
Income & Expenses
  • Electric Expense: $.00
  • Fuel Expense: $.00
  • Gross Income: $4,135.00
  • Gross Scheduled Income: $49,620.00
  • Insurance Expense: $.00
  • Total Monthly Income: 4135
  • Other Expense: $.00
  • Trash Expense: $1,200.00
  • Water Sewer Expense: $.00

Property History for 645 East Lasalle 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 645 East Lasalle Street

Taxable ValueLand$18,534Additions$63,927Total$82,461
Tax Record2022$7,376 ($615 / month)
Home Facts
Total Finished SqFt5,550 SqFtAbove Grade Finished SqFt5,550 SqFtLot Size53,579 SqFtStyleMiscellaneous CommercialYear Built1993CountyLASALLEAPN05-04-220-000

Schools near 645 East Lasalle Street

This home is within Somonauk Community Unit School District 432.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - 5 to 8
Public - 9 to 12
Private - PK to 12
Rating
School
Distance
James R Wood Elementary School
PublicPK to 4

Somonauk Middle School
Public5 to 8

Somonauk High School
Public9 to 12

Somonauk Christian School
PrivatePK 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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645 East Lasalle Street is a mixed use property for sale in Somonauk, IL 60552. This property was listed for sale on November 14, 2023 by American Realty Illinois LLC, it's currently listed at $495,000. It has been on the market for a total of 165 days and was last sold on February 13, 2024. This listing's school district is Somonauk Community Unit School District 432. Nearby schools include James R Wood Elementary School, Somonauk Middle School and Somonauk High School. 645 East Lasalle Street is a 0-bed, 0-bath, mixed use property built in 1993.

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 American Realty Illinois LLC

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.