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1007 S. Cherry St. 1007 Cherry st 3,258 SF Flex Building Effingham, IL 62401 $284,000 ($87.17/SF)
Investment Highlights
- 110' Road Frontage on Cherry St.; Alley runs behind
Executive Summary
Here is a building suited for many needs! Let’s start with the 48x54’ metal building with 14’ ceilings, 1 14’ tall x 15’ wide overhead door with opener. The building is insulated and heated, and has a bathroom & office. The attached block building is 26’x36’ and is also heated and could be used for additional storage or office space to run your business. 110’ of road frontage on Cherry St with an alley that runs behind it.
Taxes & Operating Expenses (Actual - 2023) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
Taxes & Operating Expenses (Actual - 2023) Click Here to Access
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $284,000 | Rentable Building Area | 3,258 SF |
| Price Per SF | $87.17 | No. Stories | 1 |
| Sale Type | Owner User | Year Built | 1968 |
| Property Type | Flex | No. Drive In / Grade-Level Doors | 1 |
| Building Class | C | Opportunity Zone |
Yes
|
| Lot Size | 0.16 AC | ||
| Zoning | M-1 | ||
| Price | $284,000 |
| Price Per SF | $87.17 |
| Sale Type | Owner User |
| Property Type | Flex |
| Building Class | C |
| Lot Size | 0.16 AC |
| Rentable Building Area | 3,258 SF |
| No. Stories | 1 |
| Year Built | 1968 |
| No. Drive In / Grade-Level Doors | 1 |
| Opportunity Zone |
Yes |
| Zoning | M-1 |
1 1
Fairly walkable
40/100
Exceptionally drivable
90/100
Moderately bikeable
60/100
Property Taxes
| Parcel Numbers | Total Assessment | $47,310 (2024) | |
| Land Assessment | $22,710 (2024) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $24,600 (2024) | Tax Year | 2023 Payable 2024 |
Property Taxes
Parcel Numbers
Land Assessment
$22,710 (2024)
Improvements Assessment
$24,600 (2024)
Total Assessment
$47,310 (2024)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2023 Payable 2024
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Contact the Sale Advisor
1007 S. Cherry St. | 1007 Cherry st