**Charming Investment Property in Quaint Sandwich, Illinois** Discover a premier investment opportunity in the heart of Sandwich, Illinois. Positioned prominently on bustling Ogden Avenue, this fully leased multi-unit building offers immense potential. **Property Features:** - **Prime Location:** Situated on busy Ogden Avenue, ensuring high visibility and foot traffic. - **Thriving Tenants:** Hosting three fully occupied units, including three independently owned businesses: two hair salons and a health spa offering a variety of treatments, guaranteeing steady rental income. - **Quaint Surroundings:** Enjoy the charm of a small town with the convenience of city amenities. Embrace this chance to invest in a vibrant community with a promising return on investment. Act now and secure your piece of Sandwich, Illinois, today! Signed NDA required for more information.
Sadly, due to health reasons after 25 years, they had to close their Shops. Excellent Location on Corner Lot with a Beautiful Facade! This is a great investment opportunity with this 3200 Sq Ft. Building that was torn down (except for the front Facade) & rebuilt in 1998. The Building has 3 full Baths & 2 Half Baths. You could live in the huge upper 2 Bedroom 2 bath Apartment & rent the two lower units that were formally a Hair Salon, Coffee Shop/ Retail Store. This is perfect for a large Family or Attorney, Insurance office, small retail business, etc. This building could also be turned into a Single Family Home or 2 huge Apartments. There is a full bath in the Basement as well as 2 half baths on the first floor. You will love the massive 24' x 10' tree shaded deck. Each Unit is separately metered, with 400 amp service coming in & splits into 4 separate 100 amp service. The HVAC is also zoned. Parking will accommodate 20 vehicles with a 1 1/2 Car detached Garage. The Owners have taken exceptional care of this property, therefore Being Sold "As Is"
Don't miss this opportunity to own or lease this 3100 sq ft office/warehouse space! Great location in the heart of Sandwich! Freshly seal coated front parking!! Four office spaces with the option to use one as a conference room. Large reception area with built in desk space. Kitchenette area with seating and can accommodate a dishwasher, refrigerator and microwave. Updated bathroom with storage and washer/dryer hookup. Many possibilities for Multi-Use storefront! Artist studio with store front, Vet clinic with heated and cooled pet area, or Auto detailing/mechanic shop with office/storefront space. Many ideas come to mind!! Large overhead garage door in rear of building with work area/warehouse space. Extra loft area with tons of storage. The warehouse is also heated and cooled! Parking in front of the building with an alley to access the garage/warehouse, extra parking in the rear. New roof and gutters in 2019. New furnace in 2020. New fire alarm monitoring system installed 2020. For sale or lease. City allows MANY uses for this building!
Sale or lease. $225,000 for sale and $1450/month to lease. Gateway to Sandwich. Ideal business location... OLD ROUTE 34 AND CHURCH. Solid office building with full finished basement located in prime area with Rt.34 frontage. Multiple office spaces and 2 conference rooms, 2 bathrooms. Great for Insurance/Real Estate or your unique business. Lighted outdoor monument sign platform. 15246 square foot lot...a little over 1/3 acre. Fresh paint. New flooring thru out. Room sizes and layouts are shown as part of the pictures. Sandwich, Illinois, a charming town situated in DeKalb County, has experienced notable progress and growth in various aspects over recent years. The key areas contributing to Sandwich's development, including economic, infrastructure, and community aspects. **Economic Development:** 1. *Business Expansion:* Sandwich has witnessed a steady increase in business establishments, particularly along Route 34, the town's main commercial artery. The influx of new businesses reflects confidence in the local economy and has contributed to job creation and increased revenue streams. 2. *Tourism and Hospitality Sector:* The town's proximity to fairgrounds and recreational activities has boosted its tourism sector. Accommodation facilities, restaurants, and other hospitality services have flourished to cater to the growing influx of visitors, especially during fairground events and festivals. **Infrastructure Improvement:** 1. *Transportation Infrastructure:* Investments in transportation infrastructure, including road maintenance and upgrades, have enhanced connectivity to and within Sandwich. Improved road networks, such as Route 34, have facilitated smoother traffic flow, benefiting residents and businesses alike. 2. *Utilities and Services:* Upgrades to utility systems, such as water, sewage, and electricity, have supported the town's growing population and business needs. Modernization efforts have ensured reliable services and sustainability for future development. **Community Development:** 1. *Residential Expansion:* The demand for housing in Sandwich has led to residential expansion projects, including new developments and housing complexes. Affordable housing initiatives have aimed to accommodate diverse demographics and ensure inclusive growth. 2. *Cultural and Recreational Amenities:* The town has prioritized the enhancement of cultural and recreational amenities to enrich the quality of life for residents and attract visitors. Parks, community centers, and recreational facilities have undergone improvements, fostering a sense of community and well-being. **Conclusion:** Sandwich, Illinois, has experienced significant progress and growth across economic, infrastructure, and community spheres. The town's strategic location, coupled with proactive development initiatives, has positioned it as a thriving hub in DeKalb County. As Sandwich continues to evolve and innovate, sustained efforts in fostering economic prosperity, enhancing infrastructure, and nurturing community well-being will be pivotal in shaping its future trajectory. *This report highlights the positive developments in Sandwich, Illinois, and underscores the importance of continued investment and collaborative efforts to sustain its growth momentum.*
Ideal commercial investment or lease opportunity with high visibility. Traffic counts between 9,600 and 11,000 per day (IDOT) Modern elevator building with ample parking. LOI on file for unit B making this property fully rented with the exception of the basement which has the potential to bring additional income and already has a finished lobby, common bathrooms, and high ceilings make this space an easy build out. Well established tenants are made up of a nationally known company and there is even a federally back leased. No worries here with fly by night tenants. With a cap rate of 8.52%, this money making property would make a great start or addition to your income property portfolio. Income based on current owner doing a lease back on unit B.
The median home value in Sandwich, IL is $265,000. This is higher than the county median home value of $225,800. The national median home value is $338,100. The average price of homes sold in Sandwich, IL is $265,000. Approximately 67.29% of Sandwich homes are owned, compared to 28.59% rented, while 4.12% are vacant. Sandwich real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Sandwich real estate agent to arrange a tour today!
Sandwich, Illinois has a population of 7,182. Sandwich is more family-centric than the surrounding county with 36.28% of the households containing married families with children. The county average for households married with children is 31.37%.
The median household income in Sandwich, Illinois is $75,115. The median household income for the surrounding county is $64,019 compared to the national median of $69,021. The median age of people living in Sandwich is 36.5 years.
The average high temperature in July is 83.2 degrees, with an average low temperature in January of 13.6 degrees. The average rainfall is approximately 38 inches per year, with 29 inches of snow per year.