$370,000
$375,000Two buildings, zoned B1...Large unit has available two units, smaller one in back has a exterior fire on the back wall which needs to be corrected. Unincorporated, code violation from McHenry concerns the damage and will need to be remediated for that unit. Three separate utilities, city water, septic behind smaller unit which is a garage with bathroom and small office. Inside needs updating, office area, upstairs dining area, washrooms in all three units. Large overhead door in main units. Billboard sign on property pays owner rent which has separate electric which sign company pays for. See pictures on inside needs. Huge potential for owner occupied, rental on the two other units, monthly income from billboard. Large back area for possible rental income on vehicles, boats, etc. As is, will entertain a short due diligence period. with qualified financing.
Beds & Baths
Size & Structure
Location
Financial
Cooling
Electric
1045 Algonquin Road, Algonquin, IL 60102 — McHenry County
IL License 475.178467 · (847) 810-8438
* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.
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