247-253 Cross Street, Sycamore, Illinois 60178
$575,000
|
For Sale
|
|
| Status: | Contingent |
| Sqft: | 0 |
| Cost/Sqft: | — |
| Beds: | 8 |
| Baths: | 0 |
| Year Built: | 2005 |
| Property Taxes: | $12,422 |
| Lot Size: | 0,18 |
Description
Investor's dream! Well-maintained, maintenance-free brick and vinyl 4-unit investment property featuring four spacious units, each offering 2 bedrooms, 2 full baths, and an attached 1-car garage. At approximately 1,300 sq. ft. per unit, these apartments offer a townhome-like layout and size, making them highly desirable to tenants. This turnkey investment is designed for low-maintenance ownership, with each unit having its own private furnace, central A/C, hot water heater, water softener, washer, and dryer. Tenants pay all utilities, including gas, electric, water, sewer, and scavenger, maximizing owner cash flow. Ground-level units include concrete crawl spaces for additional storage. Built in 2005, this newer building has seen major recent improvements, including a new roof and siding (2023), newer furnaces and A/C units in the second-floor apartments (less than 3 years old), all new water softeners (2024), washers and dryers (2025), and all stoves recently replaced. Each unit features a spacious primary bedroom with private en-suite bath and walk-in closet. Kitchens are fully equipped with stove, refrigerator, and dishwasher. Situated on an oversized lot over 165 feet deep, the property offers a fenced yard and storage shed that will remain. Ideal for the armchair investor or owner-occupant looking to build wealth while living on-site. Unit 247 is month-to-month; Unit 251 lease expires 6/30/26; Units 249 and 253 are currently vacant for easy showings and immediate rental opportunity. Market rents estimated at $1,800-$1,900 for first-floor units and $1,700 for second-floor units. Strong rental demand with easy-to-rent units in a convenient location near downtown, shopping, and expressway access.
Property Specifics
| Multi-unit | |
| — | |
| — | |
| 2005 | |
| — | |
| — | |
| No | |
| 0.18 |
| — | |
| — | |
| — / — | |
| — | |
| — | |
| — | |
| 12638637 | |
| 0632104027 |
Nearby Schools
| NAME: | DISTRICT: | DISTANCE: | |
|---|---|---|---|
|
Middle School
Sycamore Middle School |
427 | Not in DB | |
|
High School
Sycamore High School |
427 | Not in DB | |
Room Specifics
Total Bedrooms: 8
Bedrooms Above Ground: 8
Bedrooms Below Ground: 0
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Full Bathrooms: 8
Bathroom Amenities: —
Bathroom in Basement: 0
Rooms: —
Basement Description: —
Other Specifics
| 4 | |
| — | |
| — | |
| — | |
| — | |
| 50.76 X 167.64 X 44.02 X 1 | |
| — | |
| — | |
| — | |
| — | |
| Not in DB | |
| — | |
| — | |
| — | |
| — |
Contact Agent
Nearby Similar Homes
Nearby Sold Comparables
Contact Agent
Listing Provided By
Baird & Warner
