Should you sell your home the Silicon Valley way?
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Should you sell your home the Silicon Valley way?

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MLS® ID: 09494179

503/507 GRUNDY Street

MAZON, Illinois, 60444

$210,000 Active
  • - SQFT
LOOKING FOR POSITIVE CASH FLOW?? THIS IS IT!! THREE BUILDINGS TOTALING 10,742 SQUARE FEET ON JUST UNDER 1-ACRE COMMERCIAL LOT. ONE BLDG, BUILT IN 1988, IS 30'X50' (1,500SF) W/(8) 4'X15' STORAGE UNITS RENTED FOR $25/MO PLUS (6) 8'X15' STORAGE UNITS RENTED FOR $50/MO. INCOME FOR THIS BLDG IS $500/MO. A 2ND BLDG, BUILT IN 1996, IS 20'X80' (1,600SF) W/(7) 10'X20' STORAGE UNITS RENTED FOR $50/MO & (4) 4'X10' UNITS RENTED FOR $25/MO FOR A TOTAL OF $450/MONTH. EVEN THOUGH RENTS ARE WELL BELOW MARKET RATES, THERE STILL IS MONTHLY POSITIVE CASH FLOW OF $950 MINIMUM FOR THESE 2 BLDGS ALONE. THE 3RD BLDG, BUILT IN 1957, IS INSULATED & HAS A TOTAL OF 7,642 SF INCLUDING 4 GAS HEATERS, 200 AMP SERVICE, OFFICE AREA W/NEW METAL ROOF, KITCHEN W/REFRIG, GAS STOVE, FREEZER, MICRO, DBL SINK, & POPCORN MACHINE, 2 HALF BATHS, 2 OVERHEAD DOORS (10'X12' & 12'X12'), & 5 STORAGE UNITS OF VARIOUS SIZES. SEE MLS #09494176 FOR A 2ND LISTING WHICH INCL ONLY 2 BLDGS TOTALING 9,142SF W/$500 MONTHLY INCOME
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Listing courtesy of Century 21 Coleman-Hornsby

Amenities

  • Full baths
    0
  • Half baths
    0
  • Zip
    60444
  • Office name
    Century 21 Coleman-Hornsby
  • Bedrooms
    0
  • Property type
    Land
  • Zoning type
    COMMR
  • Elementary school
    MAZON-VERONA-KINSMAN ELEMENTARY
  • Junior high
    MAZON-VERONA-KINSMAN MIDDLE SCHO
  • High school
    SENECA TOWNSHIP HIGH SCHOOL
  • Year built
    0
  • Lot size
    .50-.99 Acre
  • Waterfront
    No
  • Tax year
    2015
  • Agent name
    Rodney Baudino
  • Tax amount
    $ 6068.06
  • Purchase Type
    Active
  • Price Range
    $200k-$300k
  • Office ID
    79987
  • Agent ID
    702704

Location

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