Fully Leased Multifamily Investment in Prime Cary, Illinois

For Sale

109 Cary St, Cary, IL 60013

This Cary property for sale is located at 109 Cary St. The current listed sale price for Fully Leased Multifamily Investment in Prime Cary, Illinois is $875,000. Fully Leased Multifamily Investment in Prime Cary, Illinois is situated on a lot that is 0.13 acre in size.

Contacts

broker
Alex Sokolowski

Coldwell Banker Realty

broker
Paul Proano

Coldwell Banker Realty

Property Details

  • 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 21, 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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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-...

Attachments

Getting around

  • 49/100

    Walk Score ®

  • 36/100

    Bike Score ®

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Location

  • 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

  • Jewel-Osco

    1.04 miles

  • ALDI

    1.45 miles

  • Walmart Supercenter

    2.13 miles

  • Fresh Thyme

    3.45 miles

  • Kohl's

    3.49 miles

  • Target

    3.58 miles

  • Burlington

    4.10 miles

  • Mariano's Fresh Market

    4.41 miles

  • Carniceria La Rosita Crystal Lake

    4.73 miles

  • JCPenney

    5.99 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

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