3209 N State Rt 1 - Flex FOR SALE


Saint Anne, IL 60964
$499,950 USD
815-790-1646
3209 N State Rt 1, Saint Anne, IL for Sale
$499,950 USD
Flex - FOR SALE
1/27
null | Request Cap Rate

3209 N State Rt 1
Saint Anne, IL 60964


HIGHLIGHTS

  • State Road
  • recreational ground
  • rental home on property

OVERVIEW

Rare opportunity to own a truly unique income-producing property with endless possibilities on 23.06 acres in Iroquois County! Zoned B-1 Commercial, this versatile property combines business, residential, agricultural, and recreational uses all in one location. The centerpiece is a 4,000 sq. ft. insulated and heated commercial building currently operating as an automotive shop. The building features all concrete floors, office space, bathroom, 12' and 10' overhead doors in the front service area, plus three additional 9'x7' overhead doors in the rear, providing exceptional functionality for a variety of business operations. Adding to the investment potential is a 4-bedroom, 2-bath modular home currently occupied by a long-term tenant generating $800 per month in rental income. The tenant pays all utilities and handles lawn care, creating a low-maintenance income stream. Approximately 3 acres are utilized as the commercial business yard, while an additional 3 acres of tillable ground provide agricultural income potential. The remaining 17 acres consist of mature wooded acreage stretching along scenic Beaver Creek, offering outstanding recreational opportunities including hunting, fishing, camping, hiking, and wildlife observation. Whether you're looking to operate a business, expand your investment portfolio, enjoy outdoor recreation, or all of the above, this one-of-a-kind property delivers unmatched versatility and value.

FOR SALE DETAILS

PRICE

$499,950 USD

PRICE/SF

$125 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Automotive Shop w/ rental house and acreage

PROPERTY TYPE

Flex

ADD'L SUBTYPES

Auto Dealership, Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1960

UTILITIES

Lighting - Fluorescent, Gas - Propane, Water - Well, Sewer - Septic Field, Heating - Gas

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

23.18

LAND SF

1,009,570

ZONING

B1

APN/PARCEL ID

05-20-400-007

ASK ABOUT THIS PROPERTY

Leanne ProvostBerkshire Hathaway HomeServices Speckman RealtyMore Info
815-790-1646

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Leanne ProvostBerkshire Hathaway HomeServices Speckman RealtyMore Info
815-790-1646

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