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703 Peoria Street

Washington, IL 61571
  • $325,000
  • STATUS: Active
  • ON SITE: 338 Days
  • ID#: PA1235542
UPDATED: 15 min ago
$325,000
  • 0
    BEDS
  • 0.44
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1966
County:
Area:

School Ratings & Info

Description

Excellent Investment Property, right in the heart of Washington! This 5 unit commercial building features a boutique storefront and a (current) photography studio on the main floor. This property features (3) 1 bed/1 bath apartments on the 2nd floor. Current rents are $585 per apartment and are fully rented. Photography side is currently available for rent, and the boutique shop is rented for $700. Mechanicals are in good condition and water heaters have been updated. NEW roof in 2021. Excellent parking and visibility, and walking distance to Washington Square. Come take a look today!

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© 2023 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: 2023-06-02T16:46:06.69.
www.camporealty.com/homes/130350770
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703 Peoria Street Washington, IL 61571

  • Price: $325,000
  • Status: Active
  • On Site: 338 Days
  • Updated: 15 min ago
  • ID#: PA1235542
0
Beds
0
Baths
0
½ Baths
0.44
Acres
1966
Built
Neighborhood:
Paar Area
County:
Tazewell
Area:
Paar Area
Property Description
Excellent Investment Property, right in the heart of Washington! This 5 unit commercial building features a boutique storefront and a (current) photography studio on the main floor. This property features (3) 1 bed/1 bath apartments on the 2nd floor. Current rents are $585 per apartment and are fully rented. Photography side is currently available for rent, and the boutique shop is rented for $700. Mechanicals are in good condition and water heaters have been updated. NEW roof in 2021. Excellent parking and visibility, and walking distance to Washington Square. Come take a look today!
Exterior Features

Construction Materials OtherAluminum SidingBrickStucco Parking Total 13 Roof Composition Shingle

Interior Features

Building Area Total 4418 Building Features CableWireless Internet Cooling Central AirOther Flooring Tile/Vinyl Heating GasHot Water

Property Features

100 Year Flood Plain No Agent Owned No Disclosed Short Sale No Exemptions None Financing Cash OnlyConventional Foreclosure YN No Frontage Type City StreetCorner Lot Irregular Lot YN No Lease Term Yearly Renewal Lease Type Other Levels Two Net Operating Income -8467 Possible Use OtherOfficeMulti-Family Sewer Public Sewer Tax Annual Amount 8467 Tax Incentive1 None Tax Year 2022 Tenant Pays Gas Type Commercial Water Source City Water - In Street Zoning N/A

Listing provided courtesy of Adam Merrick of Adam Merrick Real Estate: homes@adammerrick.com.
© 2023 RMLS Alliance, LLC. All Rights Reserved.


© 2023 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: 2023-06-02T16:46:06.69.
 
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Campo Realty Inc.
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Pawnee IL, 62558