Property for Sale: 106 E SchoolhouseE, Yorkville, IL 60560

$1,200,000
$1,200,000
106 E SchoolhouseE, Yorkville, IL 60560
$1,200,000
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Price:
$1,200,000

Type Commercial
Lot Size 1.06 acres
Year Built 1970

City Yorkville
County Kendall

MLS 12164448
Status Active Under Contract
Rare opportunity to purchase a fully leased 12,000 SF multi-tenant building in rapidly growing Yorkville! Selling due to retirement after 30+ years of ownership, this actively managed asset is now primed for continued cash flow with considerable appreciation lying between a lively downtown and ever expanding residential development to the south. A total of 8 office/retail units comprise the first floor including a new five year lease to a child daycare occupying 3,150 SF. The second floor consists of six fully leased apartments: 2-one bedroom units and 4-two bedroom units. Units are spacious, mostly updated, and very easy to rent. All but one unit has a balcony. Coin operated laundry and storage lockers are located on main level. All tenants in the building are on year-to-year leases or longer; many of whom have been leasing their unit for 4 years or greater. Contact agent for rent roll details including tenants, lease rates, expenses, etc. Major improvements completed in 2024: complete tear off and replacement of roof, 2 furnaces, 1 new A/C, new flooring and paint in daycare. On site is a fenced in playground for the daycare, 2 car garage with attached storage space, two additional storage sheds, as well as a large green space that could be utilized for future development or expanded parking. Do not disturb the tenants- list agent must be present for all showings. Showings will typically require a 48 hour notice. Don't let this one pass you by- call for private showing!

Room Features

Basement Description None

Lot & Building Features

Construction Brick, Wood Frame
Cooling Central Air, Window Unit(s), Central Individual
Tax Year 2023
Lot Dimensions 1.06AC ft

Price History of 106 SchoolhouseE, Yorkville, IL

Date Name Price Difference
12/31/1969 Listing Price $1,200,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.
Photo of Laura Freeman
Laura Freeman
Broker
Direct: 708-296-4665
Office
3580 W 95th Street
Evergreen Park, IL 60805
708-422-0011
Listed by john greene Commercial, Mike Waseen
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106 SchoolhouseE (MLS #12164448) is a commercial listing located in Yorkville, IL. This is a commercial listing with a lot of 46,174 sqft (or 1.06 acres). This property was listed on 09/15/2024 and has been priced for sale at $1,200,000.

Nearby zip codes are 60450, 60512, 60538, 60543 and 60545. This property neighbors other cities such as Bristol, Montgomery, Morris, Oswego and Plano.

Midwest Real Estate Data

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: john greene Commercial