Stabilized mixed-use investment opportunity located in Mt. Zion, Illinois. Constructed in 2013, this well-maintained brick and stucco building is configured with four commercial suites on the main level and four apartment units on the second level. The property is currently 100% occupied, with all 8 units leased, offering immediate in-place cash flow, diversified income, and a historically low-vacancy asset in a desirable community market.
The main level includes four separately metered commercial units, two of which are built out as salon spaces and occupied by a long-term tenant. The remaining commercial spaces offer flexible open layouts suitable for office, retail, or service-based users. The second level includes four large apartment units, each approximately 1,200 square feet and configured as 2-bedroom, 2-bath units with open-concept living/kitchen areas, in-unit washer/dryer, private furnace, individual water heater, and separate metering.
Current ownership has completed several significant capital improvement projects, including new windows and patio doors for the upper-level apartments, further reducing near-term capital concerns and improving long-term tenant appeal. With newer construction, separate utilities, a balanced commercial/residential tenant mix, strong occupancy, and recent capital improvements, this property represents a compelling investment opportunity with stable income in the growing Mt. Zion market.