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$525,000
Est. payment /mo
2,178 Sqft Lot
UPDATED:
08/17/2024 08:35 AM
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12099240
Year Built 1940
Annual Tax Amount $690
Tax Year 2023
Lot Size 2,178 Sqft
Property Description
Welcome to entrepreneurship! Here's an exciting opportunity to become a 28 room motel owner. This downtown Bldg has undergone extensive renovations, including the basement level, which now features new flooring, an additional bathroom, & open space. The electrical system has been completely replaced with a 3-phase system. The motel also boasts tankless water heaters & a single hot water source, ensuring constant hot water availability. On the first level, there's a new lobby, two bathrooms, a spacious entry area, new windows & doors, & an additional office. The rooms have new drywall & plumbing, the bathtubs &showers are already installed. The purchase includes 30 new AC/heat units (8,000 PTU), a new furnace, 8 pallets of ceramic tiles, grout & thin set, 90 sheets of drywall (4/12 ft), & 16 bathroom doors. Renovations will still need to be finished but alot of work is done. Serious Buyers only. Must be pre approved. All room dimensions, sq footage and yr built are approximate.
Location
State IL
Zoning AGRIC
Interior
Fireplace N
Exterior
Utilities Available Water-Municipal
Waterfront false
View Y/N true
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© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Jeremy Deck • DECK REALTY GROUP
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Joanna Lewkowicz
Designated Managing Broker | Owner | 471.018027 471018027
+1(708) 226-4848 | joanna@boutiquehomerealty.com