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48 E Railroad Street, Sandwich, IL 60548
$395,000
48 E Railroad Street, Sandwich, IL 60548View this property at 48 E Railroad Street, Sandwich, IL 60548
48 E Railroad StreetSandwichIL60548
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Property Description
Multi-tenanted, fully leased three (3) apartments & bar/grill building located in the main Historic downtown area of the City of Sandwich. Building has been well maintained w/significant exterior & interior work completed to improve appearance & mechanicals. Such improvements include new roof, siding, painting as well as major upgrades underway in bar/grill area. Three (3) story building with 2 separate basement areas under first level. Three (3) apartments on second & third floors with bar and grill occupying the street level retail space. Small office area in basement & separate storage area. Apartments are all leased as is the bar/grill for several years. Plenty of parking for customers and guests.
Full Property Details
Full Property Details for 48 E Railroad St
General
- Price: $395,000
- Taxes: $7,974 (2022)
- Status: Active
- Type: Commercial
- MLS ID: 12047692
- Updated: 5/11/2024
- Added to Site: 14 day(s) ago
Interior
- Interior Features: Multi-Tenant, Private Restroom(s), Basement
- Flooring: Varies
Additional Information
- Security/Safety: Smoke or Fire Protectors
Parking
- Parking Features: 6 to 12 Spaces
Location
- Area: Sandwich
- County: DeKalb
- Township: Sandwich
- Driving Directions: SWC of Railroad and Wells St., one block to the north of Rt. 34.
- Location Details: Far West, Central Business District, Corner
Heating & Cooling
- Cooling Type: Central Air Conditioning, Central Individual
- Heating Type: Electric
Utilities
- Trash: 500
- Onsite: Electricity to Site, Gas to Site, Sanitary Sewer, Municipal Water
Structural Information
- Construction: Brick
- Exterior Const.: Brick, Stucco
- Foundation: Concrete Perimeter
- Roof: Membrane
- Loading: None, Service Entrance
- Sub-Flooring: Varies
- Stories/Levels: 3
- Square Feet: 8,800
- Current Bldg. Use: Other
- # of Stores: 1
- Year Built: 1900
- Built Before 1978: Yes
Unit Information
- # Tenants: 4
- Units w/Refrigerators: 3
- Units w/Range/Oven: 3
Lot Features
- Lot Size (Sq. Ft.): 7,623
- Lot Dimensions: 66 x 115
- Frontage: City Street
- Drainage: Storm Sewers
- Potential Use: Commercial
- Zoning: OTHER
Financial Considerations
- Insurance Fee: $4,305
- Operating Expenses: $25,000
- Other Fee: $200
- Security Deposit: Smoke or Fire Protectors
- Assessment Year: 1900
- Tax Amount: $7,974
- Tax Year: 2022
- Tenant Pays: Electricity, Heat, Sewer, Varies by Tenant
- Pays Trash: 500
Disclosures and Reports
- Documents Avail.: Demographics, Rent Roll, Leases, Tax Bill
- Property ID: 1936104009
Listed by Baird & Warner
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Schools
Schools serving 48 E Railroad St
School District:Sandwich Community Unit School District 430
Rating | Name | Grades | Distance |
---|---|---|---|
515 Lions Rd, Sandwich, IL 60548 | 9-12 | 0.5 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 48 E Railroad St
Date
Details
Price
Change
Source
5/04/2024
Listed
$395,000
146.88%
MLS
10/09/2019
Sold
$160,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 48 E Railroad St
Year
Property Taxes
Change
Tax Assessment
Change
2021
$7,742
1%
$89,069
1%
2020
$7,659
-1%
$88,004
3%
2019
$7,739
4%
$85,044
5%
2018
$7,476
4%
$80,649
6%
2017
$7,212
—
$76,394
6%
2016
$7,201
2%
$71,785
5%
2015
$7,094
1%
$68,490
1%
2014
$7,014
2%
$67,585
-3%
2013
$6,847
42%
$70,000
32%
2012
$4,823
—
$52,861
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 48 E Railroad St
48 E Railroad Street, Sandwich, IL 60548 (MLS# 12047692) is a Commercial property. 48 E Railroad Street is currently listed for $395,000 and was received on May 04, 2024. Want to learn more about 48 E Railroad Street? Do you have questions about finding other Commercial real estate for sale in Sandwich? You can browse all Sandwich real estate or contact a Coldwell Banker agent to request more information.