$285,000
For more information regarding the value of a property, please contact us for a free consultation.
20,000 SqFt
SOLD DATE : 03/25/2022
Key Details
Sold Price $285,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 20,000 sqft
Price per Sqft $14
MLS Listing ID 11322561
Year Built 1900
Annual Tax Amount $6,216
Tax Year 2020
Property Description
20000 sq.ft. two story brick building zoned downtown commercial. Previously a community center (with its own bowling alley, basketball court, and roller rink). Warehouse/ garage along back. Nearly 10,000 sq. ft. of unfinished space. The remainder consists of 9 furnished residential apartments rented for $110-155 per week with all utilities paid. (average of $4940. per week or $59,280. per year). Rarely a vacancy. Two and a half community baths and laundry room and a rec room/kitchen provided. One 400 sq. ft. office space rented for $650. per month (he's been here 14 years!), potential for many more. So total income per year is $67,080. Two public washrooms off the lobby. The possibilities here are endless.
Location
State IL
County Mc Henry
Area Harmony / Marengo
Zoning COMMR
Interior
Cooling Central Individual, Zoned
Flooring Carpet, Concrete, Tile, Varies, Wood
Exterior
Utilities Available Electric to Site, Gas to Site, Sanitary Sewer, Water-Municipal
Roof Type Varies
Building
Structure Type Brick
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Bought with Ben Broughton • RE/MAX Connections II