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$210,000
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Property Description
Multi-family & commercial investment opportunity in excellent location, downtown Harvard. This building consists of three second floor residential units and four first floor commercial office units. This building offers a strong rental history and is a low maintenance investment. Currently self-managed. All utilities are separate & landlord only pays RE Taxes, water, common area electric and garbage. Tenants pay all other utilities. This property is convenient to shopping, restaurants and entertainment. Easy access to State Route 14, Chicago Northwestern Rail, Lake Geneva, Wi and airports at Rockford and O'Hare. There is ample parking. Excellent cash flow building with low maintenance requirements. Very little management.
Full Property Details
Full Property Details for 28 N Ayer St
General
- Sold For: $210,000
- Taxes: $5,649 (2022)
- Status: Closed
- Type: Commercial
- Source: MRED
- MLS ID: 11902778
- Added to Site: 456 day(s) ago
Interior
- Interior Features: Accessible Entrance, Multi-Tenant, Private Restroom(s), Public Restroom(s), Storage Inside, Basement
Parking
- Parking Features: 13 to 18 Spaces, Open, Public Lot
Location
- Area: Chemung / Harvard / Lawrence
- County: Mc Henry
- Driving Directions: RT. 14 TO AYER ST.
- Location Details: Northwest Suburban, Central Business District
Heating & Cooling
- Cooling Type: Office Only, Zoned
- Heating Type: Forced Air, Gas
Structural Information
- Construction: Brick
- Foundation: Stone
- Roof: Membrane
- Stories/Levels: 2
- Square Feet: 5,136
- Current Bldg. Use: Commercial, Office
- # of Stores: 2
- Year Built: 1900
- Built Before 1978: Yes
Unit Information
- # Tenants: 5
- Units w/Refrigerators: 3
- Units w/Range/Oven: 3
Lot Features
- Lot Size (Sq. Ft.): 2,712
- Lot Dimensions: 24 x 113
- Frontage: City Street
- Potential Use: Commercial, Office and Research, Retail
- Zoning: COMMR
Financial Considerations
- Operating Expenses: $11,184
- Assessment Year: 1900
- Tax Amount: $5,649.52
- Tax Year: 2022
- Tenant Pays: Electricity, Heat, Varies by Tenant
Disclosures and Reports
- Property ID: 135410013
Listed by Berkshire Hathaway HomeServices Starck Real Estate
Sold by eXp Realty, LLC
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Schools
Schools serving 28 N Ayer St
School District:Harvard Community Unit School District 50
Rating | Name | Grades | Distance |
---|---|---|---|
Washington Elementary School, Harvard, IL
305 S Hutchinson St, Harvard, IL 60033 | PK-PK | 0.3 mi | |
1200 N Jefferson St, Harvard, IL 60033 | 4-5 | 0.6 mi | |
401 Hereley Dr, Harvard, IL 60033 | K-3 | 1.2 mi | |
1301 Garfield St, Harvard, IL 60033 | 6-8 | 0.9 mi | |
1103 N Jefferson St, Harvard, IL 60033 | 9-12 | 0.6 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 28 N Ayer St
Date
Details
Price
Change
Source
2/26/2024
Sold
$210,000
-26.32%
MLS
11/27/2023
Price Reduced
$285,000
-3.39%
MLS
11/01/2023
Listed
$295,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
28 N Ayer Street, Harvard, IL 60033 (MLS# 11902778) is a Commercial property that was sold at $210,000 on February 26, 2024. Want to learn more about 28 N Ayer Street? Do you have questions about finding other Commercial real estate for sale in Harvard? You can browse all Harvard real estate or contact a Coldwell Banker agent to request more information.