Courtesy of: Thomas Vierig, Castle View Real Estate, realtortomv@gmail.com
Courtesy of: Thomas Vierig, Castle View Real Estate, realtortomv@gmail.com
$1,119,000
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$1,119,000
207 E Church Street Do you need space for your business and want other tenants to contribute towards mortgage? This property may be perfect for you! The upper floor has over 3, 000, finished, sq. ft. available. Ideal commercial investment or lease opportunity with high visibility. Traffic counts between 9, 600 and 11, 000 per day (IDOT) Modern elevator building with ample parking. The basement has a finished lobby, common bathrooms, and high ceilings making this space an easy build out for even more additional income. Well established tenants are made up of a nationally known company. No worries here with fly by night tenants. POTENTIAL GROSS INCOME OF $153, 065 with units B and F rented for a CAP RATE of 8.4%. Add a basement tenant or two for an even higher cap rate. Much potential here!
Courtesy of: Thomas Vierig, Castle View Real Estate, realtortomv@gmail.com
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