Sean Bean, DRE#02101504, REALTOR®
(209) 518-7544
MLS#260017952SD
STATUSActive
PROPERTY TYPECommercial - Business
Listing Courtesy of:
Marcus & Millichap
Agency Phone: 858-373-3100
Associate Name: Thomas McCartin
Listing Shown by:
Farrell Smyth, Inc.
Associate Name: Sean Bean, DRE#02101504, REALTOR®
Property Description
4177 Illinois Street, an 8-unit multifamily property located in the heart of North Park, one of San Diego's most desirable rental markets. The property features a balanced unit mix of four 1-bedroom/1-bathroom units and four 2-bedroom/2-bathroom units, along with eight off-street parking spaces. Recent capital improvements include a new roof installed in 2023, upgraded landscaping, and an expanded on-site laundry facility with new commercial-grade WASH-operated machines. The property also benefits from a RUBS program implemented on 7 of the 8 units, generating additional income with the opportunity for further expansion. With strong in-place cash flow, supplemental income sources, and a highly sought-after North Park location, 4177 Illinois Street presents investors with an attractive combination of stability and long-term upside potential.
Property Features
Property Type: Commercial - Business
Feature Descriptions
Parcel#: 4463220400
Units: 8
Listed By / Shown By
Listed By
Agency Name: Marcus & Millichap
Agent Name: Thomas McCartin
Agency Phone: 858-373-3100
Shown By
Agent Name: Sean Bean, DRE#02101504, REALTOR®
Agent Phone: (209) 518-7544
Agency Title: Farrell Smyth, Inc.
Sean Bean, DRE#02101504, REALTOR®
Office: (209) 518-7544
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4177 Illinois St | MLS# 260017952SD
This commercial property located at 4177 Illinois St , San Diego, CA 92104 is currently listed for sale with an asking price of $2,485,000. Search San Diego real estate on seanbean.farrellsmyth.com today.