2-4 E Front St - Health Club FOR SALE


Newark, IL 60541
$320,000 USD
630-347-3207
2-4 E Front St, Newark, IL for Sale
$320,000 USD
Health Club - FOR SALE
1/33
null | Request Cap Rate

2-4 E Front St
Newark, IL 60541


HIGHLIGHTS

  • Situated on Newark's main corner
  • This property features updated interiors.

OVERVIEW

Welcome to this prime investment opportunity in the heart of downtown Newark, Kendall County! This charming mixed-use building features two residential apartments and a bustling retail space currently operating as a popular hair salon. The property boasts a strategic corner location with exceptional visibility and foot traffic, making it an ideal spot for a variety of retail businesses. The evolving downtown area is experiencing steady growth, attracting more visitors and residents alike. The two well-appointed apartments offer comfortable living spaces, perfect for tenants seeking the convenience of living near shops, cafes, and local amenities. Each unit features modern finishes, natural light, and ample storage, including a full basement. Whether you're looking to extend the current salon business or explore new retail ventures, this versatile building provides endless possibilities. Don't miss out on the chance to invest in a thriving location with the potential for excellent returns. Welcome to your next big opportunity in downtown Newark!

FOR SALE DETAILS

PRICE

$320,000 USD

PRICE/SF

$142 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Health Club

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1920

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.69 AC

LAND SF

30,056 SF

ZONING

B-2

APN/PARCEL ID

07-06-282-001

ASK ABOUT THIS PROPERTY

Laura TomsaBrummel PropertiesMore Info
630-347-3207

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Laura TomsaBrummel PropertiesMore Info
630-347-3207

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