847-849 N Brainard ST Save Request In-Person Tour Request Virtual Tour
Naperville,IL 60563
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID 12330955
Bedrooms 4
Maintenance Fees $1,474
Year Built 1955
Annual Tax Amount $10,790
Tax Year 2023
Lot Size 9,147 Sqft
Lot Dimensions 71X158X66X158
Property Sub-Type Two to Four Units
Property Description
Welcome to an exceptional investment opportunity at 847-849 North Brainard Street. This is a rare 2-flat property that has been well maintained and has typically less than 1 month vacancy (often times less than a week). Perfectly positioned close to the Metra train BNSF line, downtown Naperville, and access to I-88, this property offers access to vibrant shopping at Apple, ALO, Nike, Filson, Lululemon, Naperville Running Company, and more! Treat yourself to a night out at the many restaurants including Hugo's Frog Bar, Ramsey's Kitchen by Gordon Ramsay, sushi at Ikkai, dessert at Jeni's Splendid Ice cream or insomnia cookies! Across the street you'll find Jewel-Osco, Starbucks, and a bit further east you'll find Amazon Fresh, Costco, Andy's Frozen custard, Portillo's, 7 Brew coffee, and so much more! Each of the two units features 2 bedrooms with a shared bathroom upstairs, an office/den, and a finished basement with another full bathroom. They also each have a private patio and shared backyard-making it an ideal setting for both relaxation and entertainment. Each unit has its own HVAC system as well as separately metered utilities. They also each have their own washer and dryer in the basement. The property is situated on a sprawling 9,147 square feet corner lot, offering plenty of outdoor space with a large driveway that boasts a 3-car garage. Additionally, there are 7 exterior parking spaces available for rent, providing excellent rental income potential. Each unit has been rented with a garage space, two tandem spaces next to the garage, and one space in front of the garage door. The middle garage has been used for landscape/maintenance storage and is not currently being use for income generation. This easy-to-rent property has been home to long-term tenants, ensuring a stable investment. It would be tough to find a better managed and cared for unit in Downtown Naperville!
Location
State IL
County Dupage
Area Naperville
Zoning MULTI
Rooms
Basement Finished,Full
Interior
Heating Natural Gas,Forced Air
Equipment CO Detectors,Ceiling Fan(s),Sump Pump,Multiple Water Heaters,Water Heater-Gas
Fireplace N
Exterior
Garage Spaces 3.0
Community Features Sidewalks,Street Lights,Street Paved
Roof Type Asphalt
Building
Lot Description Corner Lot
Dwelling Type Two to Four Units
Building Description Vinyl Siding, No
Sewer Public Sewer
Water Lake Michigan
Structure Type Vinyl Siding
New Construction false
Schools
Elementary Schools Ellsworth Elementary School
Middle Schools Washington Junior High School
High Schools Naperville North High School
School District 203 ,203, 203
Others
Ownership Fee Simple
Special Listing Condition None