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Listed by Katie McPeek • JIM SULLIVAN REALTY
$ 125,000
Est. payment | /mo
3,100 SqFt
$ 125,000
Est. payment | /mo
3,100 SqFt
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 3,100 sqft
Price per Sqft $40
Subdivision Il
MLS Listing ID 202606408
Annual Tax Amount $1,568
Tax Year 2025
Lot Size 3,484 Sqft
Property Sub-Type Commercial
Property Description
Own a piece of Stockton's historic downtown sitting right on Main Street/Hwy 78-a high traffic location. This building has seen ample love since its new owner acquired this landmark property. Inside the building, new insulation and drywall have been installed. There is a new furnace in the storefront. The remodel discovered wonderful wood flooring. The main level boasts a spacious store front currently being rented with a lengthy and excellent rental history. The upper level of this building feature two apartments. The first apartment is a two bedroom unit with in house laundry facilities and updated kitchen and bathroom. Here, too, you will find new drywall and lighting. The second apartment is a one bedroom apartment and studio-style living space combined with kitchenette which is also updated. The roof is approximately 5/6 years old with complete replacement. Currently the property generates two rental incomes and the opportunity for a third in the near future, making it a great income producing property in the heart of the downtown.
Location
State IL
Zoning Improved Commercial
Rooms
Basement Full, Unfinished
Interior
Hot Water Natural Gas
Heating Electric, Gas Forced Air
Flooring Wood, Vinyl
Exterior
Exterior Feature Brick, Wood Siding
Roof Type Rolled
Building
Sewer City
Water City
Schools
School District Stockton