314-316 W Main Street St. Charles IL 60174 MLS #MRD12468958

Don’t miss the chance of a lifetime to own this fully leased 5 unit investment property located in the heart of downtown St Charles. The location is unbeatable! The proximity to the new Whole Foods grocery store, restaurants, shops, Fox River and the bike path makes renting apartments a breeze so there is very little vacancy. There are several longer term tenants in place. Below market rents provide an opportunity for increased cashflow and enhanced value. The current owner has performed extensive updates to all of the units so deferred maintenance is minimal. Features such as onsite parking, outdoor terraces, laundry in every unit, fireplaces, granite countertops, stainless appliances, hardwood floors, and original millwork make these desirable and easy to rent apartments. New front stair installation will be completed by October. Call now to schedule your private tour.