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126 S Main St 5,200 SF Flex Building Gilman, IL 60938 $159,900 ($30.75/SF)
INVESTMENT HIGHLIGHTS
- Down Town
- Rental Income
- Gaming Cafe
EXECUTIVE SUMMARY
Great business opportunity! Own the real estate and run TWO established businesses – a gaming cafe and Antique Mall! Currently, 13 vendors are within the Antique Mall. Annual booth income approximately $15,330 plus an additional $6,000 in mall retail sale percentage fees. The gaming cafe has a steady income stream and has great potential to expand the menu for additional revenue! Fabulous recent improvements include new signage on both sides of the building! The building was extensively renovated in 2018…newer HVAC on main level, partial roof replacement, new insulation (some areas have spray foam insulation), new steel siding, tuckpointing, newer plumbing and electrical supplies, along with newer floor joists and subfloor throughout majority of the building. Call to schedule a property tour or inquire about additional business uses!
TAXES & OPERATING EXPENSES (ACTUAL - 2024) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
$3,317,600
|
$638.00
|
| Operating Expenses |
$13,000,000
|
$2,500.00
|
| Total Expenses |
$16,317,600
|
$3,138.00
|
TAXES & OPERATING EXPENSES (ACTUAL - 2024)
| Taxes | |
|---|---|
| Annual | $3,317,600 |
| Annual Per SF | $638.00 |
| Operating Expenses | |
|---|---|
| Annual | $13,000,000 |
| Annual Per SF | $2,500.00 |
| Total Expenses | |
|---|---|
| Annual | $16,317,600 |
| Annual Per SF | $3,138.00 |
PROPERTY FACTS
UTILITIES
- Lighting
- Gas - Natural
- Water - City
- Sewer - City
- Heating - Gas
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PROPERTY TAXES
| Parcel Number | 17-31-364-003 | Total Assessment | $8,046 |
| Land Assessment | $1,660 | Annual Taxes | $3,317,600 ($638.00/SF) |
| Improvements Assessment | $6,386 | Tax Year | 2024 Payable 2024 |
PROPERTY TAXES
Parcel Number
17-31-364-003
Land Assessment
$1,660
Improvements Assessment
$6,386
Total Assessment
$8,046
Annual Taxes
$3,317,600 ($638.00/SF)
Tax Year
2024 Payable 2024
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VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
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126 S Main St
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