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425 Lincoln Highway

Rochelle, IL 60168
  • $299,000
  • STATUS: Active
  • ON SITE: 2160 Days
  • MLS #: 08308650
UPDATED: 57 min ago
$299,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 10,000
    SQFT
  • $30
    $/SQFT
Type:
Commercial
Built:
1930
County:

School Ratings & Info

Description

Solid building a partially finished basement. FInished first floor, and 3 apts. on second floor. Main floor has 6 areas for leasing, but presently a tenant is renting 4 spaces, so there are 3 tenants on the main floor.Parking on street and in lot at rear where there is second entrance. Property shows well. Major overhaul was done in 1995. Great potential and flexibility for tenants. Large front windows for showcasing. A new roof over the 3 apartments will be installed in July 2021.

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© 2021 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ryan Dallas Real Estate. Based on information submitted to the MRED as of 2021-10-17T13:00:40.503 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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425 Lincoln Highway Rochelle, IL 60168

  • Price: $299,000
  • Status: Active
  • Updated: 57 min ago
  • MLS #: 08308650
0
Beds
0
Baths
0
½ Baths
N/A
Acres
10,000
SQFT
$30
$/SQFT
1930
Built
Neighborhood:
Flagg Center / Hillcrest / Kings / Rochelle
County:
Ogle
Area:
Flagg Center / Hillcrest / Kings / Rochelle
Property Description
Solid building a partially finished basement. FInished first floor, and 3 apts. on second floor. Main floor has 6 areas for leasing, but presently a tenant is renting 4 spaces, so there are 3 tenants on the main floor.Parking on street and in lot at rear where there is second entrance. Property shows well. Major overhaul was done in 1995. Great potential and flexibility for tenants. Large front windows for showcasing. A new roof over the 3 apartments will be installed in July 2021.
Exterior Features

Outdoor Parking 19-30 Spaces Parking Total 25 Roof Structure Flat

Interior Features

Cooling Central Air Heat Ventilation Central Bldg HeatCentral Heat/Indiv ControlsForced AirGasRadiators

Property Features

Additional Parcels YN No Approximate Age Older Building Area Total 10000 Built Before1978 YN Yes Current Use Commercial Electric Circuit BreakersSeparate Meters201-600 Amps Fire Protection Smoke Or Fire Protectors Geographic Locale Far West Gross Income 45900 Gross Scheduled Income 45900 Insurance Expense 3079 Location Central Business District Net Operating Income 17462 Number Of Tenants 6 Operating Expense 28438 Ownership Types Individual Possible Use Commercial Property Sub Type Mixed Use Rental Price 0 Seller Needs Cash Tax Annual Amount 11199 Tax Year 2020 Tenant Pays Electricity Total Monthly Income 33825 Township Flagg Type Mixed Use Utilities Electric To SiteGas To SiteSewer-Storm AvailableWater-CommunityWater To Site Zoning Commr

Listing information © 2021 Midwest Real Estate Data LLC.
Listing provided courtesy of Rochelle Realty & Prop. Manage.


© 2021 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ryan Dallas Real Estate. Based on information submitted to the MRED as of 2021-10-17T13:00:40.503 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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Ryan Dallas Real Estate
4112C Fieldstone Road
Champaign IL, 61822