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$300,000
Est. payment /mo
1,742 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12801102
Year Built 1884
Annual Tax Amount $1,769
Tax Year 2025
Lot Size 1,742 Sqft
Lot Dimensions .04
Property Sub-Type Mixed Use
Property Description
Historic charm meets investment opportunity! This beautiful 1884 brick building located on Main Street offers a unique opportunity to own a well-maintained, fully occupied mixed-use property featuring six commercial and residential units. The original historic facade and classic brickwork provide timeless character, while numerous recent improvements add value and help reduce near-term maintenance concerns. The commercial spaces include a photography studio with private restroom and separate basement access, along with a dance studio featuring new flooring, private restroom, and separate basement access. The residential portion offers four apartments, including studio, one-bedroom, and three-bedroom layouts. Recent updates include a new roof in 2021, replacement of the sewer line beneath the photography studio, new supply lines to apartments 5 and 6, new flooring, fresh paint, an updated kitchen, and additional plumbing improvements. The spacious three-bedroom apartment offers approximately 1,200 square feet with a new kitchen, updated dining area flooring, and two living spaces. Three units are currently on month-to-month agreements, with tenants willing to sign new leases, providing flexibility for the next owner to establish their preferred rental terms. With all six units occupied, this property offers an excellent opportunity to own a piece of local history while generating income from multiple sources. Don't miss this unique investment opportunity!
Location
State IL
County Mclean
Area Leroy
Zoning COMMR
Interior
Cooling Central Air, Window Unit(s)
Fireplace N
Building
Dwelling Type Mixed Use
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Listed by Elizabeth Ritter of Home Sweet Home Realty
NEARBY SCHOOL & BUSINESS
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