Back to search
48 E railroad Street Sandwich, IL $ 395,000
Share Save
$ 395,000 Get more info
48 E railroad Street
$ 395,000
Back to search
Recently Listed
Share Save

48 E railroad Street

Sandwich, IL, 60548
$ 395,000
Baths0.0 Sq 8,800

Monthly Estimate*

$ 2,759

48 E railroad Street, Sandwich, IL 60548 - Image 1
48 E railroad Street, Sandwich, IL 60548 - Image 2
48 E railroad Street, Sandwich, IL 60548 - Image 3
48 E railroad Street, Sandwich, IL 60548 - Image 4
48 E railroad Street, Sandwich, IL 60548 - Image 5
48 E railroad Street, Sandwich, IL 60548 - Image 6
48 E railroad Street, Sandwich, IL 60548 - Image 7
48 E railroad Street, Sandwich, IL 60548 - Image 8
48 E railroad Street, Sandwich, IL 60548 - Image 9
48 E railroad Street, Sandwich, IL 60548 - Image 10
48 E railroad Street, Sandwich, IL 60548 - Image 11
48 E railroad Street, Sandwich, IL 60548 - Image 12
48 E railroad Street, Sandwich, IL 60548 - Image 13
48 E railroad Street, Sandwich, IL 60548 - Image 14
48 E railroad Street, Sandwich, IL 60548 - Image 15
Studio

Commercial Property for sale in Sandwich, IL

for $395,000. This 8,800 square foot building was built in 1900 on a lot size of 0.175.

Multi-tenanted, fully leased three (3) apartments & bar/grill building located in the main Historic downtown area of the City of Sandwich. Building has been well maintained w/significant exterior & interior work completed to improve appearance & mechanicals. Such improvements include new roof, siding, painting as well as major upgrades underway in bar/grill area. Three (3) story building with 2 separate basement areas under first level. Three (3) apartments on second & third floors with bar and grill occupying the street level retail space. Small office area in basement & separate storage area. Apartments are all leased as is the bar/grill for several years. Plenty of parking for customers and guests.

See more
Commercial Active

Price

$ 395,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 7,974

Style

Lot Size

0.175

Year Built

1900

Town/City

Sandwich

County/Region

De Kalb

MLS | Web ID

12047692
Features
General
Cooling Central Air Central Individual
Utilities Electric to Site Gas to Site Sanitary Sewer Water-Municipal
Possession Closing
Roof Membrane
Zoning OTHER
Construction Materials Brick
Year Built 1900
Electric Circuit Breakers
Tenant Pays Electricity Heat Sewer Varies by Tenant
Stories 3
Township Sandwich
Property SubType Apts/Ofc/Store Apts/Stores
Tax Year 2022
Current Use Other
Gross Income 60000
County DeKalb
Net Operating Income 35000
Operating Expense 25000
Insurance Expense 4305
Property Type Commercial Sale Mixed Use
Possible Use Commercial
Status Active
Directions SWC of Railroad and Wells St. one block to the north of Rt. 34.
City Sandwich
Total Units 4
MLS Area Sandwich
Lot Size Square Feet 7623
Street Name railroad
Tax Annual Amount 7974
Electric Expense 0
Fuel Expense 0
Trash Expense 500
Water Sewer Expense 0
Additional Parcels Y/N N
Days on Market 7
Lease Type Modified Gross
Standard Status Active
See more
Interior
Flooring Varies
Total Fireplaces 0
Street Suffix Street
See more
Exterior
Foundation Details Concrete Perimeter
Building Area Total 8800
Lot Dimensions 66 X 115
Frontage Type City Street
Exterior Brick Stucco
See more
* Excluded Features
List By
Baird & Warner

Broker

rblomgren264@aol.com

Email

Affordability Calculator

$3,424
Per Month
81%
19%
0%
Monthly Principal & Interest
$2,759
Monthly Property Taxes
$665
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
5/5/2024$395,000 Listed Price

Map

More homes like this one

homes for you

See all
See all

48 E railroad Street, Sandwich, IL, 60548 is a Commercial Property for sale at $395,000 with 8,800 sqft and a lot size of 0.175. 48 E railroad Street is a studio with 0.0 baths and was built in 1900. The property's zip code is 60548 which is in Sandwich, IL

Get more info