Sheri Paper
- Buy
- Sell
https://www.ruhlmortgage.com/GregCotton.html
Description
Well-maintained two-unit investment property located on a corner lot, offering strong flexibility for owner-occupants or investors. The upstairs unit features 1 bed, 1 bath, while the downstairs unit offers 2 bedrooms, 1 bath, in-unit laundry, and a 1-car attached garage. The property includes a cellar basement with exterior entrance, providing convenient access to utilities and mechanical systems without entering tenant spaces. Major capital improvements have already been completed, including a new boiler heating system installed in December 2022 and a new roof replaced in October 2022, reducing near-term maintenance costs. An adjacent vacant lot (PIN: 1833302031) is included in the sale, creating opportunities for expansion, additional parking, outdoor space, or future development. The corner location enhances accessibility, visibility, and overall lot versatility. Ideal for house-hackers, long-term investors, or buyers seeking a multi-unit property with key updates already completed.
Property Highlights
Property Type: Multi Unit - Multiple
General Information
Bedrooms: 3
Bathrooms: 2
County: DeKalb
High School: Somonauk High School
Listed By:
Coldwell Banker Real Estate Group
815-433-5501
MRED MLS
MLS ID: 12532623
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415 N Sycamore Street, Somonauk, IL 60552.
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $260,000 | $260,000 | $260,000 |
| Down Payment | $52,000 | $9,100 | $65,000 |
| Monthly Mortgage Amount | $1,214 | $1,490 | $1,580 |
| Taxes | $362 | $362 | $362 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $114 | $0 |
| Monthly Estimated Total | $1,676 | $2,066 | $2,042 |
Sheri Paper
REALTOR®
Cell: (563) 343-7688
Licensed in IA & IL
Davenport Office
4545 Welcome Way
Davenport, IA 52806
(563) 441-5100
Davenport, IA 52806
(563) 441-5100
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