Description
A rare opportunity to own a well-maintained four unit ranch style apartment building in Sandwich! Each unit features a spacious living room, a functional kitchen, two bedrooms, and a full bathroom. Tenants also have access to a partial basement with individual laundry hookups and dedicated storage space. The property includes a detached four car garage, with one garage bay assigned to each apartment. Each unit is equipped with electric baseboard heat, a wall mounted air conditioning unit, and separately metered electric and water service, allowing tenants to be responsible for their own utilities. The building is connected to city water and is served by a private septic system. Recent improvements include a new roof installed on the apartment building in 2023, reflecting the property's excellent maintenance. Ideally located next to Edgebrook Golf Course, across from the Sandwich Fairgrounds, and on the edge of the city limits, this property offers a desirable setting with convenient access to local amenities. Current rents are below market for the area, providing an excellent opportunity for future income growth. Multifamily properties of this type are rarely available in Sandwich, especially those offering an attractive floor plan, prime location, and exceptional condition. Don't miss this outstanding investment opportunity, schedule your showing today before it's gone! Note, new garage doors will be installed soon.
Details
| MLS # | 12695962 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1973 |
| Days On Site | 55 |
| Listing Provided By | Swanson Real Estate | Joseph Frieders |
Features
| Bed(s) | 8 |
|---|---|
| Bath(s) | 4 |
| Garage | 4 |
| Basement | Y |
| Zoning | MULTI |
| Acreage | 0.66 |
Interior
| Rooms Total | 16 |
|---|---|
| Heating | Electric, Baseboard |
Exterior
| Roof | Asphalt |
|---|---|
| Foundation Details | Block |
| Lot Features | Irregular Lot |
| Construction Materials | Vinyl Siding |
Parking
| Parking Features | Yes, Garage Owned, Detached, Garage |
|---|---|
| Garage Spaces | 4 |
Utilities
| Sewer | Septic Tank |
|---|
Taxes
| Tax Year | 2025 |
|---|---|
| Tax Annual Amount | 11910.68 |
Area Information
| State | IL |
|---|---|
| County | DeKalb |
| City | Sandwich |
| Zip Code | 60548 |
| Area | Sandwich |
| School District | Sandwich Community High School |
| Elementary School | Prairie View Elementary School |
| High School | Sandwich Community High School |
| Listing VS Median (in 60548) | |
Price: $599,700 low | high Med: $377,500 On site: 55 low | high Med: 128.5 | |
Market Activity 60548
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Learn More About This Property
| State | IL |
|---|---|
| County | DeKalb |
| City | Sandwich |
| Zip Code | 60548 |
| Area | Sandwich |
| School District | Sandwich Community High School |
| Elementary School | Prairie View Elementary School |
| High School | Sandwich Community High School |
| Listing VS Median (in 60548) | |
Price: $599,700 low | high Med: $377,500 On site: 55 low | high Med: 128.5 | |