Active Under Contract

504 E Main Street, St Charles, IL 60174

504 E Main Street

$350,000
$350,000

504 E Main Street

3,546 Sq.Ft.

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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Location

504 E Main Street, St Charles, IL 60174

Status

Active Under Contract

Features & Amenities

Interior

  • Flooring Carpet, Tile, Vinyl, Wood

Area & Lot

  • Status Active Under Contract
  • Living Area3,546 Sq.Ft.
  • Lot Area0.22 Acres
  • MLS ID11065964
  • TypeCOMMERCIAL
  • YEAR BUILT1900

Exterior

  • STORIES2
  • AIR CONDITIONINGWindow Unit(s)
  • SubstructureWood Frame

Financial

  • Sales Price$350,000
  • Real Estate Tax $9,532
  • Zoning COMMR
Jane Lee

Jane Lee

TITLE

President, CEO, Broker

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