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17 S 2ND Street

Pekin, IL 61554
  • $169,000
  • STATUS: Active
  • ON SITE: 586 Days
  • ID#: PA1213420
$169,000
  • 0
    BEDS
  • 0.34
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1906
County:
Area:

School Ratings & Info

Description

Great investment opportunity. Entire building rented out to a bar with gaming. 5 year lease NNN for $1100 a month. Gross rents are 13,200 which is a 7.5 Cap rate triple net lease signed in March 2021 - Building features - Great refinished building and loft apartment. Upper level boasts a beautiful loft with open floor plan, custom kitchen cabinetry with stainless appliances and granite counters. walk in closet and private full bath. Exposed Brick, New hardwood floors, well insulated underneath them. Lower level includes an open floor plan with exposed brick, original floors, great light fixtures, and a half bath. Large unfinished basement with tons of storage. This could has endless possibilities as an owner, and yards away from park and Riverfront! You don't find something this unique and special often!

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© 2021 RMLS Alliance, 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 the MLS or Campo Realty Inc.. Data last updated: 2021-10-18T23:44:56.417.
www.camporealty.com/homes/104069453
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17 S 2ND Street Pekin, IL 61554

  • Price: $169,000
  • Status: Active
  • ID#: PA1213420
0
Beds
0
Baths
0
½ Baths
0.34
Acres
1906
Built
Neighborhood:
Paar Area
County:
Tazewell
Area:
Paar Area
Property Description
Great investment opportunity. Entire building rented out to a bar with gaming. 5 year lease NNN for $1100 a month. Gross rents are 13,200 which is a 7.5 Cap rate triple net lease signed in March 2021 - Building features - Great refinished building and loft apartment. Upper level boasts a beautiful loft with open floor plan, custom kitchen cabinetry with stainless appliances and granite counters. walk in closet and private full bath. Exposed Brick, New hardwood floors, well insulated underneath them. Lower level includes an open floor plan with exposed brick, original floors, great light fixtures, and a half bath. Large unfinished basement with tons of storage. This could has endless possibilities as an owner, and yards away from park and Riverfront! You don't find something this unique and special often!
Exterior Features

Exterior Finish BrickGlass Frontage Access Paved 2LaneCorner LotCity Street Num Parking Spaces Allocated 6 Other Access None Roof Construction Other Roof Construction Wall Construction Brick

Interior Features

Cooling Central Air Flooring Tile/VinylWood Heating Forced AirGas Insulation Unknown

Property Features

Annual Taxes 2126 Building Description 2 StoryBasementMulti-Tenant For Lease No For Sale Yes Location DowntownIndustrial AreaNeighborhood Net Operating Income 0 Number Of Buildings 1 Owner Pays All Ownership Individual Possible Financing CashConventional Sale Lease Includes Building Sale Rent For Sale Sewer Source Public Sewer Tax Incentive In City LimitTif District Terms Lease N/A Type Commercial/Cie Type1 Industrial Water Supply City Available Zoning Commercial

Listing provided courtesy of John Kepple of Keller Williams Premier Realty.
© 2021 RMLS Alliance, LLC. All Rights Reserved.


© 2021 RMLS Alliance, 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 the MLS or Campo Realty Inc.. Data last updated: 2021-10-18T23:44:56.417.
 
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Campo Realty Inc.
1213 Carroll St. Rear
Pawnee IL, 62558