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135 E Main St 6,561 SF 100% Leased Retail Building Glenwood, IL 60425 $350,000 ($53.35/SF) 1.14% Cap Rate
Investment Highlights
- Pylon signage.
- Potential rezone for residential development.
- Within minutes of Brookwood Jr High & Brookwood Middle schools.
- Immediately adjacent to business, commercial & residential.
Executive Summary
Property with 2 buildings totaling 6,561 square foot. The front building is 3,938 square foot and the rear building is 2,623 square feet.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Building Size
6,561 SF
Building Class
C
Year Built
1959
Price
$350,000
Price Per SF
$53.35
Cap Rate
1.14%
NOI
$3,990
Percent Leased
100%
Building Height
1 Story
Building FAR
0.30
Lot Size
0.50 AC
Zoning
B-1 - Limited Business District
Parking
12 Spaces (1.83 Spaces per 1,000 SF Leased)
Frontage
69’ on East Main Street
Amenities
- Pylon Sign
Somewhat walkable
30/100
Exceptionally drivable
100/100
Moderately bikeable
60/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $46,829 | |
| Land Assessment | $12,826 | Total Assessment | $59,655 |
Property Taxes
Parcel Numbers
Land Assessment
$12,826
Improvements Assessment
$46,829
Total Assessment
$59,655
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135 E Main St
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