All Forum Posts by: Kyle Payne
Kyle Payne has started 5 posts and replied 23 times.
Post: Chicago Meetup for Nov/Dec

- Investor
- Mount Prospect, IL
- Posts 27
- Votes 4
Post: 33% CAP Rate Savanna IL $110k

- Investor
- Mount Prospect, IL
- Posts 27
- Votes 4
Auction starting at $110k. Now accepting pre-auction offers. 412-424 Main Street Savanna IL. Large brick building takes up whole block in downtown Savanna. Building is 28,546 sf. Property consists of 6 store fronts - 4 currently rented, 5 apartments- 3 apartments rented, 11 rooms- 8 rented, laundry room, numerous other rooms potential rentals - some needing renovations. North section 2nd & 3rd floors with river views needing extensive renovations with endless possibilities - condos, rooms or apartments. Lot irregular - old boiler building behind 418 & 422 could be used for storage or tear down for add'l parking. 424 Main has ceramic swimming pool & Jacuzzi not used for years but could be utilized again. 412, 414 Main St Tax Code 08-07-09-201-067 taxes $3092.16; 416, 418, 422, 424 Main St Tax Code 08-07-09-201-068 taxes $2497.46. Located in the middle of downtown on the Great River Road, Mississippi River.
Contact Kyle (312) 752-1241 [email protected]
2013 Income: $35,780 Apartments & Rooms $15,025 Store Fronts
Post: Partnerships? (South Chicago)

- Investor
- Mount Prospect, IL
- Posts 27
- Votes 4
Hey Shana I run a real estate auction website in Chicago and have many non MLS properties on the south side. Give me a call (312) 752-1241.
Thanks,
Kyle Payne | Business Development Representative
AUCTIONS by ATG
1 South Wacker Drive, 24th Floor
Chicago, Illinois 60606 | www.auctionsbyatg.com
Direct: 312.752.1241 | Fax: 312.224.0281