10715 Commercial Street

Richmond, IL 60071

$220,000
Price
4
Beds
2
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Great property for either an investor or an owner occupant at an affordable price and POSITIVE CASH FLOW! Two side by side large two bedroom apartments each with their own laundry. The building is on village water and sewer and is located walking distance to downtown Richmond shopping district, shops and restaurants. Backs up to bike path. Tenants responsible for their own gas, electric and garbage. The owner pays for water and sewer. Many recent improvements include newer furnaces within 5 years...Great property for either an investor or an owner occupant at an affordable price and POSITIVE CASH FLOW! Two side by side large two bedroom apartments each with their own laundry. The building is on village water and sewer and is located walking distance to downtown Richmond shopping district, shops and restaurants. Backs up to bike path. Tenants responsible for their own gas, electric and garbage. The owner pays for water and sewer. Many recent improvements include newer furnaces within 5 years and a new roof in 2015. Low rents with upside potential. Fantastic opportunity! Keep as investment property, live in 1, rent out other or convert to 4 br 2 bath home. either way a great deal!
  1. Listed by Heidi Peterson • RE/MAX Plaza

Property Details for 10715 Commercial Street

Area
Richmond
Township
Richmond
Ownership
Fee Simple
Num Of Parking Spaces
3.0
Heat/Fuel
Natural Gas, Forced Air
Architectural Style
Ranch
Zoning
INDUS
LISTING UPDATED: 11/28/2024 12:07 AM

Property Details for 10715 Commercial Street

StatusActive
MLS #12120299
Days on Market150
Taxes$5,522 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeTwo to Four Units / 1 Story Unit/S
Year Built1950
Lot Size0.15 AC / 6,534 SF
CountyMcHenry County

Building Information for 10715 Commercial Street

Stories-Residences2Year Built1950Building Size-Lot Size0.15 AC / 6,534 SF

Property Information for 10715 Commercial Street

General Information
School Information
  • Elementary School District: 2
  • Elementary School: Richmond Grade School
  • Jr High Middle School: Nippersink Middle School
  • High School District: 157
  • High School: Richmond-Burton Community High S
  • Middle Or Junior School District: 2
Addtl Parking Information
  • Parking: Space/s
  • Parking Details: Off Street
  • Parking On Site: true
  • Parking Ownership: Owned
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Num Of Rooms: 8
  • Bedrooms (Below Grade): 0
  • Community Features: Street Paved
  • Basement Type: Partial
  • Bedrooms Possible: 4
  • Basement Description: Unfinished, Exterior Access
  • # Full Baths in Building: 2
  • # Half Baths in Building: 0
  • Room Type: Utility Room-1st Floor
  • Num of Baths: 2.0
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Public
Property/Lot Information
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: No
  • Built Before 1978: Yes
  • Age: 71-80 Years
  • Lot Size: Less Than .25 Acre
  • Lot Dimensions: 66 X 99
  • Total # Units in Building: 2.0
  • Waterfront: No
  • Exterior Building Type: Frame
  • Roof Type: Asphalt
  • Foundation Details: Concrete Perimeter
  • General Information: None
  • North Coordinate: 42
  • South Coordinate: 0
  • East Coordinate: 0
  • West Coordinate: 34
  • Lot Size Source: County Records
  • 3 Br Un In Bldg: No
  • Conversion: N
Property and Assessments
  • Public Document Count: 3
  • Document Date: 2024-07-29T19:25:27
  • Photos Count: 27
  • Deconversion: N
  • OpenHouse Count: 0
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Unit 1
  • Unit Type Actual Rent: $1,000.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 1
  • Lease Expiration Date: 06/26
Unit 2
  • Unit Type Actual Rent: $.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 2
  • Lease Expiration Date: 0/0

Property History for 10715 Commercial Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 10715 Commercial Street

Taxable ValueLand$11,779Additions$51,976Total$63,755
Tax Record2023$5,522 ($460 / month)
Home Facts
Beds4Baths2Total Finished SqFt1,872 SqFtAbove Grade Finished SqFt1,872 SqFtStories1Lot Size6,098 SqFtStyleSingle Family ResidenceYear Built1950CountyMCHENRYAPN04-09-177-006

Schools near 10715 Commercial Street

This home is within Richmond-Burton Chsd 157 School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Richmond Grade School
PublicPK to 5

Nippersink Middle School
Public6 to 8

Richmond-Burton 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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10715 Commercial Street is a multi-family home for sale in Richmond, IL 60071. This property was listed for sale on July 29, 2024 by RE/MAX Plaza, it's currently listed at $220,000. It has been on the market for a total of 150 days and was last sold on May 24, 2019. This listing's school districts are Richmond-Burton Chsd 157 School District, Nippersink School District 2. Nearby schools include Richmond Grade School, Nippersink Middle School and Richmond-Burton High School. 10715 Commercial Street is a 4-bed, 2-bath, multi-family home built in 1950.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX Plaza

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Based on information submitted to the MLS GRID as of 11/28/2024 12:07 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.