- Investment For Sale
- 2420 Johnsburg Road, Johnsburg, IL 60051.
- Price: $499,000
- 5,250 sq. ft.
- 8.8% CAP
- Mixed Use
- Seller is a licensed real estate broker
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. Seller plans to sell building fully leased. 5-unit bldg on 0.8 acre lot. Pro-forma shows 8.8% CAP. Ask for rent roll and operating statement.
If you’re a candidate for being a user/investor, there is possibility for your own business. (Unit D 1,250 SF). Another possibility is adding a small apartment building on the back surplus land on this .8 are site and/or the adjacent 1 acre vacant site to the west (being sold separately. Owner is a licensed real estate broker.