Remarks

Incredible opportunity for owner occupier medical/office building and/or great investment property. Parcel 1 consists of three buildings (Parcel: 13-2-21-33-11-2-1-015), and parcel 2&3 is a large parking lot with possible development opportunity (Parcel: 13-2-21-33-07-204-001,13-2-21-33-07-204-002). Three buildings on parcel 1 include a beautiful mid century modern office space 417-419 W Main (2,640 Sq. ft.), a two-story medical building 415 W Main (11,170 Sq. Ft.) and a residential duplex 101 Guernsey St. (2,432 Sq. Ft). 415-417 W Main is fully occupied, 101 Guernsey St. is fully occupied, 415 W Main has four (4) remaining medical office suites available to occupy or rent. This property has a lot of offer the buyer/investor from: Substantial rental rate increases, excellent downtown/central location, development potential of parking lot parcel, to filling vacancies creating strong positive cashflow.

Details

MLS#: 25018251
Price: $425,000

Style: Commercial & Indr.
Sq Ft: 16242.0
Year Built: 1964

County: Madison-IL
Subdivision: Guernseys F J Add
Tax Fee: 17568