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Listed by Susan Fisherof Coldwell Banker Realty
$ 300,000
Est. payment | /mo
9,375 SqFt
$ 300,000
Est. payment | /mo
9,375 SqFt
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 9,375 sqft
Price per Sqft $32
MLS Listing ID 12296747
Year Built 1917
Annual Tax Amount $1,659
Tax Year 2024
Lot Dimensions 25X128.9X25X128.9
Property Sub-Type Mixed Use
Property Description
BEST INVESTMENT OPPORTUNITY in a famous historical building in downtown Watseka! This 14-unit apartment hybrid has a new roof, new windows & screens, and new furnace (transferable warranties). Most of the apartments are on the top floor; there are laundry facilities on the 2nd floor, and a very cool theater on the main floor - which could be converted into retail space. [The building has central air, but tenants can rent window units, as well.] This renowned structure was established by the Railroad Company as a theater & hotel for its employees - it has many beautiful architectural features, as well as modern comforts. A steady source of income and a UNIQUE PROSPECT - come and see! *See zoning notes in broker remarks.*
Location
State IL
County Iroquois
Zoning OTHER
Interior
Cooling Central Air, Window Unit(s)
Flooring Carpet, Vinyl
Fireplace Y
Exterior
Utilities Available Sewer Connected
View Y/N true
Roof Type Membrane
Building
Foundation Block, Brick/Mortar
Water Municipal Water
Structure Type Brick,Wood
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2600 S. Michigan Ave., STE 102, Chicago, IL, 60616, United States