Bought with Jeffrey Bell of RE/MAX Showcase
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Key Details
Sold Price $225,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 5,000 sqft
Price per Sqft $45
MLS Listing ID 10468227
Sold Date 10/11/19
Year Built 1962
Annual Tax Amount $9,630
Tax Year 2018
Lot Dimensions 117 X 142
Property Sub-Type Mixed Use
Property Description
Awesome potential with this storefront building located on busy Route 12 directly across from Watt's Marina with excellent lake views!! Formerly A-Z Rental and includes retail and workshop space with five bays and five overhead doors for vehicles. Also, a large fenced in outside storage area and a really big 2 bedroom apt that is about 1,300 SF according to the assessor. A total of roughly 5,000 SF of building on just under a half acre. Great value at only $59 per SF considering this prime Route 12 location!! Income is projected based on the building being rented for $3,500 per month which we think is reasonable. The building is currently vacant however. Priced well under most recent appraisal. This is a great opportunity!
Location
State IL
County Lake
Zoning COMMR
Interior
Cooling Central Air
Flooring Varies
Fireplace N
Exterior
Utilities Available Electric to Site, Gas to Site, Sanitary Sewer, Water-Municipal
View Y/N true
Building
Foundation Concrete Perimeter
Structure Type Brick,Concrete,Block
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