106 East Schoolhouse Road
$1,140,000
10
6
—
—
—
Closed 1/2/25
Description
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...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!
- Listed by Mike Waseen • john greene Commercial
Sold By Provident Realty, Inc.
Property Details for 106 East Schoolhouse Road
Area
Yorkville / Bristol
ZoningCOMMR
LISTING UPDATED: 01/02/2025 01:30 PM
Property Details for 106 East Schoolhouse Road
Status | Closed |
---|---|
MLS # | 12164448 |
Days on Market | 24 |
Taxes | $19,085 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi Family 5+ / Multi Family 5+-Other |
Year Built | 1970 |
Lot Size | 1.06 AC / 46,139 SF |
County | Kendall County |
Building Information for 106 East Schoolhouse Road
Stories2Residences8Year Built1970Building Size-Lot Size1.06 AC / 46,139 SF
Property Information for 106 East Schoolhouse Road
Property History for 106 East Schoolhouse Road
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 106 East Schoolhouse Road
Taxable ValueLand$41,555Additions$169,026Total$210,581
Tax Record2023$19,085 ($1,590 / month)
Home Facts
Total Finished SqFt12,000 SqFtAbove Grade Finished SqFt12,000 SqFtStories2Lot Size44,431 SqFtStyleMiscellaneous CommercialCountyKENDALLAPN02-32-480-004
Schools near 106 East Schoolhouse Road
This home is within Yorkville Community Unit School District 115.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 3 | |||
Public - | 4 to 6 | |||
Public - | 7 to 8 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Circle Center Grade School PublicK to 3 | ||
Yorkville Intermediate School Public4 to 6 | ||
Yorkville Middle School Public7 to 8 | ||
Yorkville High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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