• Broker Jerrick Longest

126 S Main St 5,200 SF Flex Building Gilman, IL 60938 $169,900 ($32.67/SF)

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INVESTMENT HIGHLIGHTS

  • Down Town
  • Rental Income
  • Gaming Cafe

EXECUTIVE SUMMARY

Great business opportunity - own and run a successful gaming café and an antique retail/consignment shop. Currently, 13 vendors within the antique mall. Annual booth income for 2023 approximately $15,330 plus an additional $6,000 in mall retail sale percentage fees. The gaming café has a steady income stream and has great potential to expand the menu for additional revenue!

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

PROPERTY FACTS

Price $169,900
Price Per SF $32.67
Sale Type Owner User
Property Type Flex
Property Subtype
Showroom
  • General Retail Storefront Retail/Office
Building Class C
Lot Size 0.05 AC
Rentable Building Area 5,200 SF
No. Stories 3
Year Built/Renovated 1920/2019
Zoning Commercial

UTILITIES

  • Lighting
  • Gas - Natural
  • Water - City
  • Sewer - City
  • Heating - Gas

LINKS

PROPERTY TAXES

Parcel Number 17-31-364-003 Total Assessment $8,046 (2023)
Land Assessment $1,660 (2023) Annual Taxes $3,317,600 ($638.00/SF)
Improvements Assessment $6,386 (2023) Tax Year 2024 Payable 2024

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