900 Blackhawk Blvd - Multi-Family FOR SALE


South Beloit, IL 61080
$310,000 USD
815-703-6677
900 Blackhawk Blvd, South Beloit, IL for Sale
$310,000 USD
Multi-Family - FOR SALE
1/16
null | Request Cap Rate

900 Blackhawk Blvd
South Beloit, IL 61080


HIGHLIGHTS

  • Three parcel mixed-use offering
  • 780 SF retail building
  • 2-family apartment building with detached garage

OVERVIEW

Excellent opportunity to acquire a multi-parcel mixed-use property located along Blackhawk Boulevard in South Beloit. This offering includes three separate parcels featuring retail, residential income, and additional parking, providing flexibility for investors or owner-users. The first parcel includes a 780 SF retail building, currently operating as a slot machine parlor, offering strong visibility and commercial frontage along Blackhawk Boulevard. The second parcel features a 2-family apartment building with a detached garage, providing residential rental income potential. The third parcel consists of an adjacent parking lot, offering additional parking and operational flexibility for the retail or residential components. Property Highlights: Three-parcel mixed-use offering 780 SF retail building currently used as a slot machine parlor 2-family apartment building with detached garage Additional adjacent parking lot included Strong Blackhawk Boulevard frontage and visibility Retail and residential income potential Flexible investment or owner-user opportunity This property presents a unique opportunity to own a combination of commercial and residential assets with multiple income streams in a convenient South Beloit location. 2025 Real Estate Taxes for the three parcels is $6,054 For pricing, financial information, or to schedule a private tour, contact the listing broker. Members-only remarks Call broker for all showings. 24 hour notice for the apartment at 904 1/2 Blackhawk

FOR SALE DETAILS

PRICE

$310,000 USD

PRICE/SF

$166 USD /SF

# OF UNITS

2

PRICE/UNIT

$155,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

900 and 904 Blackhawk Blvd.

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1930

PARKING SPACES

13

LAND DETAILS

LAND ACRES

0.28 AC

LAND SF

12,197 SF

ZONING

CR

APN/PARCEL ID

0407234013,0407234014,0407234015

ASK ABOUT THIS PROPERTY

Thomas EwingGambino Realtors - Commercial DivisionMore Info
815-703-6677

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Thomas EwingGambino Realtors - Commercial DivisionMore Info
815-703-6677

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