Fully Leased Multifamily Investment in Prime Cary, Illinois

109 Cary St, Cary, IL 60013

  • For Sale $875,000
  • Property Type Multi-Family
  • Units 7
  • Lot Size 0.13 Acre
  • Additional Rent Contact for pricing
  • # of Floors 2
  • Parking Spaces Avail. 7
  • Parking Ratio 1.90 / 1,000 SF
  • Year Built 1865
  • Year Renovated 2016
  • Date Updated Dec 16, 2024
Proano Commercial Group presents Cary Street Apartments, a fully occupied, seven-unit multifamily property in the heart of Cary, Illinois. The building features a mix of two studios and five one-bedroom units, with several recently updated, modernized apartments. With 100% occupancy, this well-maintained property ensures stable cash flow for investors, while offering additional income potential from an unfinished 408 sq. ft. basement that can be converted into storage or office space. Capital Improvements: 2022 full renovation unit 104, 2022 full renovation Unit 111, 2023 full renovation unit 109C, 2023 full renovation unit 109 B, 2024 full renovation unit 109 D, 2022 new boiler, 2022 new water heater, 2024 new roof, 2024 new gutters, 2024 sealcoating, 2024 re-striped parking lot Located just 200 feet from the Metra station, tenants enjoy easy access to downtown Cary and major transportation routes. The property also offers on-site laundry, private parking, and balconies in select units. With tenant-paid utilities such as water and electric, this is a prime investment opportunity for those seeking a reliable, income-generating asset in a highly accessible location.
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Attachments

Highlights

  • Appliances: Refrigerator
  • Flooring: Hardwood
  • Appliances: Microwave
  • Appliances: Range / Oven
  • General: Ceiling Fan(s)
  • Age: Over 50 Years Old
  • Exterior Description: Stucco
  • Lot Size: Under 1/2 Acre
  • Cooling: A/C
  • Exterior Living Space: Balcony / Lanai
  • Cooling: Window A/C
  • Sewer: City
  • Water: City Water
  • Heating Type: Radiator
  • Heating Type: Forced Air
  • 100% occupancy offering stable, reliable cash flow. Seven-unit property with a mix of two studios and five one-bedroom/one-bathroom units. Recently updated units featuring new appliances, renovated bathrooms, and modern flooring. Two units with private balconies for added tenant appeal. On-...

Contacts

broker
Alex Sokolowski

Coldwell Banker Realty

broker
Paul Proano

Coldwell Banker Realty

Location

Getting Around

  • Walk Score ®

    49/100 Car-Dependent

  • Bike Score ®

    36/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Cary, IL
  • Neighborhood Cary
  • Zip Code 60013
  • Market Chicago

Points of Interest

  • Cary

    0.12 miles

  • Fox River Grove

    1.34 miles

  • Pingree Road

    3.44 miles

  • Crystal Lake

    4.63 miles

  • Barrington

    6.81 miles

  • Marathon

    0.21 miles

  • Thorntons

    1.30 miles

  • Mobil

    1.35 miles

  • Shell

    1.86 miles

  • Speedway

    3.11 miles

  • Deisel Depot

    3.59 miles

  • Casey's General Store

    3.77 miles

  • Sam's Club

    3.78 miles

  • Tesla Supercharger

    5.49 miles

  • ChargePoint

    6.26 miles

  • Far-Lot

    1.02 miles

  • Lake Atwood Parking

    1.64 miles

  • trailhead

    1.91 miles

  • Fel-Pro RRR Conservation Area - West Entrance

    1.92 miles

  • Norge Ski Club Parking

    1.93 miles

  • Fel-Pro RRR Conservation Area - East Entrance

    2.09 miles

  • Hickory Grove Riverfront parking

    2.59 miles

  • Lyons Prairie and Marsh trailhead

    2.63 miles

  • Park parking

    3.43 miles

  • Pingree Road. Station Parking

    3.46 miles

  • Crystal Lake Holiday Inn

    2.41 miles

  • Country Inn & Suites - Crystal Lake

    3.23 miles

  • Casual Living Extended Stay Hotels

    3.73 miles

  • Victorian Rose Garden Bed & Breakfast

    3.96 miles

  • Crystal Lake Motel

    5.48 miles

  • Holiday Inn Express & Suites Chicago-Algonquin

    5.75 miles

  • Holiday Inn Express & Suites

    6.68 miles

  • Hampton Inn McHenry

    7.22 miles

  • Super 8

    8.48 miles

  • Comfort Inn Elgin

    9.40 miles

  • Dairy Queen

    0.17 miles

  • Eggville Cafe

    0.62 miles

  • Cuco's Burrito Express

    0.68 miles

  • Rosati's

    0.72 miles

  • Taco Bell

    0.97 miles

  • McDonald's

    1.00 miles

  • The Dead End Bar & Grill

    1.02 miles

  • Kojack's

    1.09 miles

  • Wendy's

    1.12 miles

  • El Sombrero

    1.25 miles

  • Maplewood Elementary School

    0.33 miles

  • Oak Knoll Elementary School

    0.50 miles

  • Saints Peter and Paul School

    0.53 miles

  • Briargate Elementary School

    0.56 miles

  • Trinity Oaks Christian Academy - Prairie Hill Campus

    0.71 miles

  • Cary-Grove Community High School

    0.99 miles

  • Three Oaks Elementary School

    1.13 miles

  • Algonquin Road Elementary School

    1.40 miles

  • Cary Junior High School

    1.53 miles

  • Fox River Grove Junior High School

    1.61 miles

  • Friendship House

    4.32 miles

  • The Learning Hills

    5.05 miles

  • Learning Experience

    5.06 miles

  • Barlina House Preschool

    5.42 miles

  • Kiddie Academy

    5.59 miles

  • Dorothy Delacey Family Education Center

    7.16 miles

  • Kiddie Academy of Carpentersville

    7.45 miles

  • The Goddard School of Hawthorn Woods (Lake Zurich)

    9.01 miles

  • The Goddard School

    9.31 miles

  • Hoffman Estates KinderCare

    9.45 miles

Frequently Asked Questions

How much does Fully Leased Multifamily Investment in Prime Cary, Illinois cost?

The space currently listed for sale at Fully Leased Multifamily Investment in Prime Cary, Illinois asks for $875,000.

What is the total square footage of Fully Leased Multifamily Investment in Prime Cary, Illinois?

Fully Leased Multifamily Investment in Prime Cary, Illinois totals 3,100 square feet.

When was this property built?

Fully Leased Multifamily Investment in Prime Cary, Illinois was built in 1865.

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