115 Harbor Drive Oswego, IL 60543
PREVIOUS DEAL FELL APART DUE TO BUYER FINANCING, THEIR LOSS YOUR GAIN! Turn-Key 4-Unit Investment Opportunity with Exceptional Capital Improvements: Strategically positioned just off Route 25 with seamless access to Route 34, Orchard Road and the Bypass 30 corridor, this fully leased and extensively renovated 4-unit building presents a rare opportunity for investors seeking stable income and long-term performance. This well-maintained building has undergone substantial capital improvements, creating a truly turnkey asset well-suited for portfolio expansion or a 1031 exchange buyer seeking reliability and minimal deferred maintenance. Building Improvements Include: Roof replaced approximately 2020, Exterior professionally painted July 2023, Vinyl plank flooring throughout all units (no carpet), Windows largely original with Unit 1A bedroom window replaced November 2023. Each of the four residences has been thoughtfully renovated with modern finishes and in-unit washer/dryer combinations - a highly desirable amenity that enhances tenant retention and rental strength. Unit Highlights: Unit 1A - Fully remodeled December 2025 with comprehensive upgrades including new washer/dryer combo, stainless steel appliances (refrigerator, stove, microwave), kitchen cabinetry, quartz countertops, bath vanity, tub and surround, toilet, updated lighting, new baseboard heaters with thermostat, vinyl plank flooring throughout, and complete interior paint. Additional improvements include new wall A/C (September 2022), water heater (April 2023), and bedroom window (November 2023). Unit 1B - Renovated around 2019 with vinyl plank flooring and granite countertops. Improvements include new stove (December 2019), new refrigerator (August 2021), and full interior paint (July 2021). Unit 2A - Renovated around 2019 with vinyl plank flooring and granite countertops. Mechanical upgrades include new baseboard heaters (May 2022 and February 2023), new wall A/C (October 2022), new hot water heater (May 2024), and new washer/dryer combo (July 2024). Unit 2B - Fully remodeled around 2020 featuring vinyl plank flooring, tiled shower, updated bath vanity, kitchen cabinetry, granite countertops, and stainless steel appliances (refrigerator, stove, microwave). Additional updates include new wall A/C (September 2021) and full interior repaint (June 2024). The result is a cohesive, low-maintenance asset offering modern interiors, updated mechanicals, and consistent finish quality throughout. With all units leased and substantial renovations completed in recent years, this property delivers both immediate cash flow and operational confidence.
Baird & Warner Ray Nicolas Agent Cell: 224.629.6919 Email
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Listing Office: @properties Christie's International Real Estate
Listing Office Phone: 312-254-0200
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