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426 S 3rd Street # 1-2 Geneva, IL 60134
- Other / Resale (MLS)
Property Details for 426 S 3rd Street # 1-2, Geneva, IL 60134
Features
- Price/sqft: $203
- Total Units: 4
Facts
- Year Built: 01/01/1989
- Property ID: 898454766
- MLS Number: 12107851
- Property Type: Other
- County: KANE
- Listing Status: Active
Sale Type
This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.
Description
This listing is NOT a foreclosure. An exceptional investment opportunity. Current cap rate of 8.03% and a 10-year IRR of 15.94%. Fully leased with long-term, stable tenants, 3 of 4 on Absolute NNN terms all with 3% annual rent escalations. Steady income guaranteed. The strategic location within the thriving Chicago-Naperville-Elgin Metropolitan Statistical Area, combined with potential rental increases and market growth, positions this property for substantial value appreciation and robust returns for investors. Multiple PIN Numbers: 12-10-202-009 / 12-10-202-010
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Property Brokerage:
GC REALTY & DEVELOPMENT, LLC.
219 E. Irving Park Rd.
Roselle
IL
60172
Copyright © 2024 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
All information provided is deemed reliable, but is not guaranteed and should be independently verified.