Shelly Phares
- Buy
- Sell
https://www.ruhlmortgage.com/LawrenceDavis.html
Description
3/4 acre lot on State rt 120. Property has two legal addresses on one lot. 800 Washington is a 5 unit apartment building with an attached garage and a 5 car parking garage for the apartment building. The apartments have been stripped down to the studs and all rewired and drywalled. Bathrooms all have one piece fiberglass shower enclosures. New roof being installed on the apartment building now. All units have individual gas and electric meters. Lower English basement apartment needs total rehab. Owner has 40 years accumulation of construction stuff stored in unit. 782 Washington is a 30x90 office/workshop with separate gas, electric and a bathroom. This area is heated. Also a large storage area attached that is unheated. There is also another separate two car garage with electric that could be rented out or kept for owners use. Currently rented way below market rent, proper management could raise income substantially. Shop could be rented to a contractor or landscaper that needs room to park trucks or excavator that needs to move equipment without reduced load limit restrictions Legal non-conforming zoning in the city of Woodstock
Property Highlights
Property Type: Multi Unit - Industrial
General Information
Sqft: 3,336
County: McHenry
Listed By:
RE/MAX Plaza
815-385-6770
MRED MLS
MLS ID: 12772138
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782 Washington Street, Woodstock, IL 60098.
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $500,000 | $500,000 | $500,000 |
| Down Payment | $100,000 | $17,500 | $125,000 |
| Monthly Mortgage Amount | $2,763 | $3,349 | $3,318 |
| Taxes | $696 | $696 | $696 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $220 | $0 |
| Monthly Estimated Total | $3,605 | $4,411 | $4,160 |
Shelly Phares
REALTOR®
Cell: (309) 269-2669
Licensed in IL & IA
Moline Office
1701 52nd Avenue
Moline, IL 61265
(309) 743-8000
Moline, IL 61265
(309) 743-8000
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