105 N Depot St Somonauk, IL 60552
Estimated payment $3,241/month
Highlights
- Forced Air Heating System
- Somonauk Middle School Rated A-
- Hot Water Heating System
About This Home
This exceptional property presents a prime opportunity for a savvy multifamily/mid-rise investor. With 10 units offering versatile living spaces, this historic gem, originally built in 1920 and thoughtfully updated in 2019, stands as a testament to enduring quality. Zoned INC and enjoying full occupancy, this investment promises immediate returns. Investors seeking a lucrative addition to their portfolio will appreciate the stability, appeal, and potential for further growth offered by this meticulously maintained property.
Listing Agent
Coldwell Banker Commercial Real Estate Group License #471018453 Listed on: 01/27/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,271
Year Built
- Built in 1920
Lot Details
- 8,722 Sq Ft Lot
- Lot Dimensions are 106x90x70x30x53x61
Home Design
- Brick Exterior Construction
Interior Spaces
- 6,000 Sq Ft Home
- 3-Story Property
Utilities
- Forced Air Heating System
- Hot Water Heating System
- Heating System Uses Gas
Community Details
Overview
- 10 Units
Building Details
- Electric Expense $5,332
- Fuel Expense $4,178
- Insurance Expense $6,255
- Maintenance Expense $9,943
- Manager Expense $2,958
- Trash Expense $3,142
- Water Sewer Expense $3,023
- Operating Expense $43,102
- Gross Income $82,620
- Net Operating Income $38,188
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $8,139 | $100,377 | $22,276 | $78,101 |
| 2023 | $8,139 | $91,310 | $20,264 | $71,046 |
| 2022 | $7,812 | $84,515 | $18,756 | $65,759 |
| 2021 | $7,386 | $79,112 | $17,557 | $61,555 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/18/2025 07/18/25 | Price Changed | $479,000 | -4.0% | $80 / Sq Ft |
| 06/18/2025 06/18/25 | For Sale | $499,000 | 0.0% | $83 / Sq Ft |
| 05/29/2025 05/29/25 | Pending | -- | -- | -- |
| 04/22/2025 04/22/25 | Price Changed | $499,000 | -3.1% | $83 / Sq Ft |
| 01/27/2025 01/27/25 | For Sale | $515,000 | +36.4% | $86 / Sq Ft |
| 10/01/2019 10/01/19 | Sold | $377,500 | -5.6% | -- |
| 08/16/2019 08/16/19 | Pending | -- | -- | -- |
| 08/05/2019 08/05/19 | For Sale | $399,900 | -- | -- |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12275449
APN: 18-32-478-014
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