109 Cary Street , Cary, IL 60013
Cary, IL 60013
Description
Cary Street Apartments, a fully occupied, seven-unit multifamily property in the heart of Cary, Illinois. The building features a mix of two studios and five one-bedroom units, with several recently updated, modernized apartments. With full occupancy, this well-maintained property ensures stable cash flow for investors, while offering additional income potential from an unfinished 408 sq. ft. basement that can be converted into storage or office space. Located just 200 feet from the Metra station, tenants enjoy easy access to downtown Cary and major transportation routes. The property also offers on-site laundry, private parking, and balconies in select units. With tenant-paid utilities such as water and electric, this is a prime investment opportunity for those seeking a reliable, income-generating asset in a highly accessible location. Capital Improvements:Capital Improvements: 2022 full renovation Unit 104, 2022 full renovation Unit 111, 2023 full renovation unit 109C, 2023 full renovation unit 109 B, 2024 full renovation unit 109 D, 2022 new boiler, 2022 new water heater, 2024 new roof, 2024 new gutters, 2024 sealcoating, 2024 re-striped parking lot.
Details
| MLS# | 12187349 |
|---|---|
| Listing Type | For Sale |
| Style | Town House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1865 |
| Days On Site | 95 |
| Listing Provided By | Coldwell Banker Commercial NRT | Paul Proano |
Features
| SQ Feet | 3,600 |
|---|---|
| Story(s) | 2 |
| Units | 7 |
| Zoning | MULTI |
| Acreage | 0.13 |
Market Activity 60013
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Learn More About This Property
| State | IL |
|---|---|
| County | McHenry |
| City | Cary |
| Zip Code | 60013 |
| Area | Cary | Oakwood Hills | Trout Valley |
| Listing VS Median (in 60013) | |
Price: $875,000 low | high Med: $324,900 SqFt: 3,600 low | high Med: 1,902 $ / SqFt: $243 low | high Med: $171 On Site: 95 low | high Med: 131.000000 | |