503/507 Grundy St., Mazon, IL 60444

503/507 Grundy St., Mazon, IL 60444
Photo 1 of 25
$175,000
Sold on 11/06/19
Beds Baths Sq. Ft. Taxes Built
0.00 0 $6,068.06
On the market: 1006 days
View full details, 15 photos, school info, and price history
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
Listing courtesy of Rodney Baudino, Century 21 Coleman-Hornsby