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Wash N Dry Laundromat 1245 E Bluff St 2,500 SF Retail Building Marseilles, IL 61341 $199,000 ($79.60/SF)
INVESTMENT HIGHLIGHTS
- Former Laundromat
- Land for Development
- Business Zoning
EXECUTIVE SUMMARY
Presenting an exceptional value-add investment opportunity, the 2,500 SF free-standing building at 1245 E Bluff St is an ideal prospect for retail investors. The entire property is zoned for business. The existing building is was operating as a laundromat with 20 washers and 20 dryers. The remaining property provides a strategic location for retail ventures seeking high visibility and accessibility. Positioned in the vibrant Marseilles area, this property represents a compelling opportunity for investors seeking a promising commercial asset in a thriving market.
FINANCIAL SUMMARY (ACTUAL - 2023) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (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
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
2,500 SF
Building Class
C
Year Built
1956
Price
$199,000
Price Per SF
$79.60
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.88 AC
Zoning
Business - Business
PROPERTY TAXES
| Parcel Number | 24-18-421044 | Total Assessment | $42,839 (2024) |
| Land Assessment | $5,900 (2024) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $36,939 (2024) | Tax Year | 2023 |
PROPERTY TAXES
Parcel Number
24-18-421044
Land Assessment
$5,900 (2024)
Improvements Assessment
$36,939 (2024)
Total Assessment
$42,839 (2024)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2023
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Wash N Dry Laundromat | 1245 E Bluff St
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