Investment Property in Johnsburg

  SOLD April 2022 for $445,000

2420 Johnsburg Road, Johnsburg, Illinois 60051


Documents
Building Size5,250 Square Feet
Land Size34,848 Square Feet
ZoningB2
ParkingCommon
Waterwell
Sewercity
Electricseparate meter
Year Built1920

MIXED USE INVESTMENT 100% LEASED -

(4) RETAIL UNITS (1) 2 BR APARTMENT

Price Reduced! Mixed-use investment on busy Johnsburg Road. Low maintenance 5-unit neighborhood strip (4 stores and one 2 bedroom apartment) in the heart of Johnsburg. Original building completely rehabbed in 1992 and 3 units added at that time. Expansion possibilities with city sewer. 5-unit building on 0.8 acre lot.

Possibility of adding a small apartment building on the back surplus land on this 0.8 acre site. Owner is a licensed real estate broker.

9.3% CAP rate. Ask for rent roll and operating statement.


The information contained herein is from sources deemed reliable, but is subject to errors, omissions, and withdrawal without notice.


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