109 Cary Street, Cary, IL 60013

1 of 21

CommercialFor Sale

$875,000

109 Cary Street

Cary, IL 60013

Courtesy of Coldwell Banker Commercial NRT

Listings courtesy of Midwest Real Estate Data as distributed by MLS GRID

3,600Sq Ft

Est. Mortgage

$4,617/mo

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 full 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. 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. Capital Improvements: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.

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