2-10 W Main St - Storefront Retail/Office FOR SALE


Glenwood, IL 60425
$300,000 USD
847-630-4659
2-10 W Main St, Glenwood, IL for Sale
$300,000 USD
Storefront Retail/Office - FOR SALE
1/10
null | 6.23% Cap Rate

2-10 W Main St
Glenwood, IL 60425


HIGHLIGHTS

  • With proper management, rent increases and operational improvements could restore or exceed prior income levels.
  • Tenant flexibility – option to vacate a unit for owner use or strategic repositioning.
  • New fencing installed in 2017 – enhanced privacy and security.

OVERVIEW

needs proper management in place to increase rents bc owner self manages and is not from the area. it used to get 73,000 a year before owner neglect. Building is fully occupied but can evict tenant if wanting own space.perfect for owner user as well

FOR SALE DETAILS

PRICE

$300,000 USD

PRICE/SF

$79 USD /SF

CAP RATE

6.23%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Convenience Store, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2003

SPRINKLERS

-

PARKING SPACES

19

LAND DETAILS

LAND ACRES

0.5 AC

LAND SF

21,780 SF

ZONING

-

APN/PARCEL ID

32-03-326-013-0000

ASK ABOUT THIS PROPERTY

Nicholas PipikiosGNP Realty PartnersMore Info
847-630-4659

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Nicholas PipikiosGNP Realty PartnersMore Info
847-630-4659

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.