Cary, IL 60013,109 Cary ST
Cary, IL 60013,109 Cary ST
Cary, IL 60013,109 Cary ST
Cary, IL 60013,109 Cary ST
Cary, IL 60013,109 Cary ST
Cary, IL 60013,109 Cary ST
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$737,500

$850,000

13.2%
Est.Price: ?

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Est. payment /mo

3,600 SqFt


SOLD DATE : 04/23/2025

Key Details

Sold Price $737,500

Property Type Multi-Family

Sub Type Multi Family 5+

Listing Status Sold

Purchase Type For Sale

Square Footage 3,600 sqft

Price per Sqft $204

MLS Listing ID 12187349

Sold Date 04/23/25

Maintenance Fees $999,999

Year Built 1865

Annual Tax Amount $15,512

Tax Year 2023

Lot Size 5,662 Sqft

Lot Dimensions 85X65

Property Sub-Type Multi Family 5+

Property Description

Cary Street Apartments, a fully occupied, seven-unit multifamily property in the heart of Cary, Illinois. The building features a mix of two studios and five one-bedroom units, with several recently updated, modernized apartments. With full occupancy, this well-maintained property ensures stable cash flow for investors, while offering additional income potential from an unfinished 408 sq. ft. basement that can be converted into storage or office space. Located just 200 feet from the Metra station, tenants enjoy easy access to downtown Cary and major transportation routes. The property also offers on-site laundry, private parking, and balconies in select units. With tenant-paid utilities such as water and electric, this is a prime investment opportunity for those seeking a reliable, income-generating asset in a highly accessible location. Capital Improvements:Capital Improvements: 2022 full renovation Unit 104, 2022 full renovation Unit 111, 2023 full renovation unit 109C, 2023 full renovation unit 109 B, 2024 full renovation unit 109 D, 2022 new boiler, 2022 new water heater, 2024 new roof, 2024 new gutters, 2024 sealcoating, 2024 re-striped parking lot.

Location

State IL

County Mchenry

Area Cary / Oakwood Hills / Trout Valley

Zoning MULTI

Rooms

Basement Partially Finished, Exterior Entry, Concrete, Storage Space

Interior

Cooling Window Unit(s)

Fireplace N

Exterior

Utilities Available Sewer Connected, Water Available, Cable Available

Roof Type Composition

Building

Water Municipal Water

Level or Stories 2

Structure Type Other,Stucco

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Midwest Real Estate Data (MRED) IDX
Listed by Paul Proano • Coldwell Banker Commercial NRT
Bought with Jacqueline Wendt • Compass
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9755 W 143rd St, Park, IL, 60462

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