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34236921
34236941

1620 Suydam Road, Sandwich, IL 60548 For Sale

$599,700
14 days on market
Updated 3 days ago

1620 Suydam Road

Details
APN 1927427007
Property Type Multifamily
Sub Type Apartment Building
Year Built 1973
Acreage 0.660
Zoning MULTI

Multifamily

Marketing description

A rare opportunity to own a well-maintained four unit ranch style apartment building in Sandwich! Each unit features a spacious living room, a functional kitchen, two bedrooms, and a full bathroom. Tenants also have access to a partial basement with individual laundry hookups and dedicated storage space. The property includes a detached four car garage, with one garage bay assigned to each apartment. Each unit is equipped with electric baseboard heat, a wall mounted air conditioning unit, and separately metered electric and water service, allowing tenants to be responsible for their own utilities. The building is connected to city water and is served by a private septic system. Recent improvements include a new roof installed on the apartment building in 2023, reflecting the property's excellent maintenance. Ideally located next to Edgebrook Golf Course, across from the Sandwich Fairgrounds, and on the edge of the city limits, this property offers a desirable setting with convenient access to local amenities. Current rents are below market for the area, providing an excellent opportunity for future income growth. Multifamily properties of this type are rarely available in Sandwich, especially those offering an attractive floor plan, prime location, and exceptional condition. Don't miss this outstanding investment opportunity, schedule your showing today before it's gone!
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