$285,000
SOLD MAR 12, 2025

39 E Church St Sandwich, IL 60548

-- Bed
-- Bath
3,490 Sq Ft
6,936 Sq Ft Lot

Recently Sold

$82 Per Sq Ft

19% Below List Price

10 Days on Market

About This Home

As of March 2025

Prime Investment Opportunity in Downtown Sandwich! Located on Route 34, this 5-unit multi-family property offers a great opportunity for any investment portfolio. The property consists of a four-unit building (39 E Church), a private parking lot, a shared driveway, and a standalone one-unit building (39 1/2 E Church) at the rear. Total Bedrooms: 8 Total Bathrooms: 6. The property is fully leased with tenants (MTM) who cover all utilities except water/sewer/garbage. Each unit has a separate electric meter, ensuring minimal operational expenses. With low overhead and high cash flow potential, this property makes a fantastic addition to any investment portfolio. Existing survey provided with no improvements.

Last Agent to Sell the Property

Tina Mastrangelo

Great Western Properties License #471021967 Listed on: 02/01/2025

Last Buyer's Agent

Jennifer Soszko

RE/MAX of Naperville License #471009498

RE/MAX of Naperville

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,145

Year Built

  • Built in 1910

Lot Details

  • 6,936 Sq Ft Lot
  • Lot Dimensions are 60x61x6x69x50x123

Home Design

  • Pitched Roof
  • Composition Roof
  • Concrete Perimeter Foundation
  • Cedar

Interior Spaces

  • 3,490 Sq Ft Home
  • 2-Story Property
  • Basement Cellar
  • Fire and Smoke Detector

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Separate Meters

Listing and Financial Details

  • Tenant pays for air conditioning, electricity, heat

Community Details

Overview

  • 5 Units

Building Details

  • Electric Expense $500
  • Fuel Expense $3,466
  • Trash Expense $1,200
  • Water Sewer Expense $2,243
  • Operating Expense $10,538
  • Gross Income $37,800
  • Net Operating Income $27,262

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,145

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Corridor-Interior Entrance
  • Stories: 2
  • Year Built: 1910
  • Built Before 1978 (Y/N): Yes
  • Information: 24-Hr Notice Required
  • Estimated Age: Older
  • Actual Status: Closed
  • ResoPropertyType: CommercialSale
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Description: Cellar
  • Fire Protection: Smoke or Fire Protectors
  • Fireplaces: 1
  • Dishwashers: 5
  • Refrigerators: 5
  • Ranges: 5
  • Number of Washers: 1
  • Room: 0

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Concrete Perimeter
  • Frontage Type: City Street
  • Roof: Composition
  • Exterior Building Type: Cedar
  • Roof Structure: Pitched
  • Misc Outside: Enclosed Porch

Utilities

  • Cooling: Window Unit(s)
  • Electric: Separate Meters
  • Utilities: Sanitary Sewer, Water to Site
  • Heat/Ventilation: Baseboard

Condo/Co-op/Association

  • Owners Association (Y/N): No

Fee Information

  • Trash Expense: 1200
  • Water Sewer Expenses: 2243

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 60X61X6X69X50X123
  • Lot Size Sq Ft: 6936
  • Zoning: MULTI
  • Land Amenities: Curbs and Gutters,Sidewalks

Rental Info

  • Tenant Pays: Air Conditioning, Electricity, Heat
  • Board Number: 5
  • Tenancy Type: Month To Month

Building Info

  • BuildingAreaTotal: 3490

Multi Family

  • Net Operating Income: 27262
  • Fuel Expense: 3466
  • ElectricExpense: 500
  • GrossIncome: 37800
  • NumberOfUnitsTotal: 5
  • OperatingExpense: 10538
  • Type Multi-Family: Corridor-Interior Entrance

Tax Info

  • Tax Annual Amount: 5144.94
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2025
Closed on
Mar 12, 2025
Sold by
Cdop Llc
Bought by
Lowrie Edmund
Seller's Agent
Tina Mastrangelo
Great Western Properties
Buyer's Agent
Jennifer Soszko
RE/MAX of Naperville
List Price
$350,000
Sold Price
$285,000
Premium/Discount to List
-$65,000
-18.57%
Views
14
Current Estimated Value
$294,751

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,751
Avg. Annual Appreciation
4.19%

Purchase Details

Listed on
Aug 15, 2017
Closed on
Mar 30, 2018
Sold by
Hougham Nancy and Nancy Hougham Trust No 101
Bought by
Cdop Properties Llc
Seller's Agent
Frank Peterson
Kirch Property Management
Buyer's Agent
Frank Peterson
Kirch Property Management
List Price
$225,000
Sold Price
$200,000
Premium/Discount to List
-$25,000
-11.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.22%
Original Mortgage
$150,000
Interest Rate
4.4%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jul 13, 2009
Sold by
Hougham Nancy
Bought by
Nancy Hougham
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $285,000 Chicago Title
Deed $200,000 Wheatland Title Guaranty
Trustee Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $150,000 Future Advance Clause Open End Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/12/2025 03/12/25 Sold $285,000 -18.6% $82 / Sq Ft
02/11/2025 02/11/25 Pending -- -- --
02/01/2025 02/01/25 For Sale $350,000 +75.0% $100 / Sq Ft
03/30/2018 03/30/18 Sold $200,000 -11.1% $71 / Sq Ft View Prior Sale
02/05/2018 02/05/18 Pending -- -- --
08/15/2017 08/15/17 For Sale $225,000 -- $80 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

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 $5,145 $69,753 $16,185 $53,568
2023 $5,145 $62,113 $14,412 $47,701
2022 $4,904 $57,454 $13,331 $44,123
2021 $4,779 $54,817 $12,719 $42,098
2020 $4,729 $54,162 $12,567 $41,595
2019 $4,760 $52,340 $12,144 $40,196
2018 $4,583 $49,635 $11,516 $38,119
2017 $4,435 $47,016 $10,908 $36,108
2016 $4,428 $44,180 $10,250 $33,930
2015 -- $42,153 $9,780 $32,373
2014 -- $41,596 $9,651 $31,945
2013 -- $43,082 $9,996 $33,086
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12280214

Midwest Real Estate Data (MRED)

APN: 19-36-104-024