Are you looking for a turnkey investment? Look no further than 205 Sandra Avenue in Mendota, IL. The subject property sits on a 3.32-acre parcel with 14 buildings totaling 56 units. It has 49,711 sq. ft. of multi-family buildings and is located at the southeast corner of Schwan Drive and Sandra Avenue. The 56 units in the 14 buildings include one-, two-, and three-bedroom apartments. They are divided into 12 one-bedroom apartments, 18 two-bedroom apartments, and 26 three-bedroom apartments. The neighborhood is in the southwest portion of Mendota, IL. Mendota, located in the Northwest portion of LaSalle County along IL Routes 251, 34, and 52, is a mature community between Rochelle to the north, Peru to the south, Princeton to the west, and Earlville to the east. Although the town itself is well-developed, the surrounding areas are agricultural. The land used within the subject neighborhood, including the immediate area surrounding the subject site, consists of a mixture of residential and industrial areas. The neighborhood's outlook is stable, with moderate improvements over the next few years. As a result, the demand for development should maintain moderate growth in the foreseeable future.
Based on information submitted to the MLS GRID as of 09/20/2024 10:41 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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