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100 N Chicago St 1,500 SF 100% Leased Retail Building Magnolia, IL 61336 $19,900 ($13.27/SF)



Executive Summary
Step right up to Magnolia's most spirited opportunity -a 1,500 sq ft former bar that's seen a few things... and still has a lot of life left in it. Once the place where stories got taller and beers got colder, this corner-lot classic is ready for its next act. The walls are standing strong, the vibes are vintage, and yes-everything inside stays, including the very old beer (collectible? science experiment? conversation starter?). Out back you'll find a secondary structure that's either a fixer-upper's dream or a demolition enthusiast's playground. As for the roof-let's call it "selectively open concept." Part of it is missing, which means easy access for your contractor, your imagination, or your dramatic HGTV reveal moment. Bring it back to its former glory as a neighborhood bar, or reinvent it entirely: coffee shop, workshop, event space, antique store, man cave, she-shed, or the most talked-about studio in Magnolia. Located on a corner lot in this small-town gem, it's impossible to miss-and even harder to forget. If you've got vision, a sense of adventure, and maybe a good roofer, this could be your next great project. Cheers to the possibilities.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
REO Sale
Property Type
Retail
Building Size
1,500 SF
Year Built/Renovated
1880/2015
Price
$19,900
Price Per SF
$13.27
Percent Leased
100%
Building Height
1 Story
Building FAR
0.21
Lot Size
0.17 AC
Zoning
B2
Frontage
40’ on N Chicago St
Amenities
- Corner Lot
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- J D3
- Public Administration
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| J D3 | Public Administration | - | - | - |
Not walkable
10/100
Exceptionally drivable
90/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 04-00-035-180 | Improvements Assessment | $15,792 |
| Land Assessment | $1,158 | Total Assessment | $16,950 |
Property Taxes
Parcel Number
04-00-035-180
Land Assessment
$1,158
Improvements Assessment
$15,792
Total Assessment
$16,950
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Videos
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Photos
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Map
Contact the Sale Advisor
100 N Chicago St
