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504 E Main Street

St. Charles, IL 60174
  • $350,000
  • STATUS: Active Under Contract
  • ON SITE: 270 Days
  • MLS #: 11065964
Under Contract
$350,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,546
    SQFT
  • $99
    $/SQFT
Type:
Commercial
Built:
1900
County:

School Ratings & Info

Description

Rarely ever on the market, (been off market for 16 years) is this historic, one-of-a-kind building where the City of St. Charles was named. Located at the entrance of the very affluent and revitalized St. Charles downtown area. This 3,542 square foot building is one of the few in St. Charles on a 9,600 square foot lot MOL, that is zoned "CBD-2 Mixed Use"...allowing an investor to turn it from two residential units into four - and has large off street private parking. It boasts a desirable location across the street from the multi-million dollar expansion of the St. Charles Public Library, high volume of daily traffic and only a short walk from the heart of downtown St. Charles restaurants and river walk. It is at the corner of Route 64 and Route 25. Gorgeous main level retail unit with floor-to-ceiling windows, voluminous floor plan, brick fireplace and generous storage space. Garden unit is perfect for a tattoo shop, sewing shop, music store, tutoring center, or a vape shop, etc. Top floor residential rental unit highlights three+ bedrooms, two full baths, central AC and generous living spaces. Rear residential unit features one bed, one bath, and a fully functioning two person cedar sauna! Basement offers free laundry facilities and a ton of additional storage space. Off-street parking with 13+ spaces. Mechanical details include a gas water boiler with radiator based heat in the units, lath and plaster walls and ceilings and 24" sandstone basement walls that have stood the test of time. New front brick walls for stairs redone in 2019 at the corner of Rte 64/25. Roof with new plywood and gutters had been installed. Newer boiler and electrical panel with four meters. Two retail spaces also just became available - main level retail unit - $950/month and garden unit - $750/month. Total # Units: 4, Total # Tenants: 2, Total # residential units: 2, Total # of commercial/retail units: 2

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© 2022 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or @properties. Based on information submitted to the MRED as of 2022-01-22T00:50:12.773 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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504 E Main Street St. Charles, IL 60174

  • Price: $350,000
  • Status: Active Under Contract
  • On Site: 270 Days
  • MLS #: 11065964
0
Beds
0
Baths
0
½ Baths
N/A
Acres
3,546
SQFT
$99
$/SQFT
1900
Built
Neighborhood:
Campton Hills / St. Charles
County:
Kane
Area:
Campton Hills / St. Charles
Property Description
Rarely ever on the market, (been off market for 16 years) is this historic, one-of-a-kind building where the City of St. Charles was named. Located at the entrance of the very affluent and revitalized St. Charles downtown area. This 3,542 square foot building is one of the few in St. Charles on a 9,600 square foot lot MOL, that is zoned "CBD-2 Mixed Use"...allowing an investor to turn it from two residential units into four - and has large off street private parking. It boasts a desirable location across the street from the multi-million dollar expansion of the St. Charles Public Library, high volume of daily traffic and only a short walk from the heart of downtown St. Charles restaurants and river walk. It is at the corner of Route 64 and Route 25. Gorgeous main level retail unit with floor-to-ceiling windows, voluminous floor plan, brick fireplace and generous storage space. Garden unit is perfect for a tattoo shop, sewing shop, music store, tutoring center, or a vape shop, etc. Top floor residential rental unit highlights three+ bedrooms, two full baths, central AC and generous living spaces. Rear residential unit features one bed, one bath, and a fully functioning two person cedar sauna! Basement offers free laundry facilities and a ton of additional storage space. Off-street parking with 13+ spaces. Mechanical details include a gas water boiler with radiator based heat in the units, lath and plaster walls and ceilings and 24" sandstone basement walls that have stood the test of time. New front brick walls for stairs redone in 2019 at the corner of Rte 64/25. Roof with new plywood and gutters had been installed. Newer boiler and electrical panel with four meters. Two retail spaces also just became available - main level retail unit - $950/month and garden unit - $750/month. Total # Units: 4, Total # Tenants: 2, Total # residential units: 2, Total # of commercial/retail units: 2
Exterior Features

Exterior Building Type Cedar Foundation Details Stone Frontage Type City StreetState Road Outdoor Parking 6-12 Spaces Parking Total 12

Interior Features

Cooling Window Unit(S) Flooring CarpetTileVinylWood Heat Ventilation Hot WaterRadiators Miscellaneous Inside Multi-TenantPrivate Restroom/SStorage InsideBasementLaundry Room Number Of Dryers 1 Number Of Washers 1

Property Features

Additional Parcels YN No Approximate Age Older Building Area Total 3546 Built Before1978 YN Yes Contingency Attorney/Inspection Continue To Show No - Has Seller Written Direction Current Use Commercial Electric Circuit Breakers Fire Protection Alarm MonitoredFire Extinguisher/SNone Geographic Locale Northwest Suburban Gross Income 49680 Gross Scheduled Income 49680 Insurance Expense 125 Location Central Business DistrictCornerPark Adjacent Net Operating Income 46500 Number Of Tenants 2 Operating Expense 3180 Possible Use CommercialMulti-FamilyRetail Property Sub Type Apts/Stores Rental Price 12.95 Tax Annual Amount 9532 Tax Year 2019 Tenant Pays ElectricityHeat Total Monthly Income 4140 Township St. Charles Type Mixed Use Zoning Commr

Listing information © 2022 Midwest Real Estate Data LLC.
Listing provided courtesy of Re/Max Top Performers.


© 2022 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or @properties. Based on information submitted to the MRED as of 2022-01-22T00:50:12.773 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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