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201 Dearborn St 672 SF Retail Building Hillsboro, IL 62049 $165,000 ($245.54/SF)
Executive Summary
HONEY STOP THE CAR! No don't do that, this property is on a really busy road. This beloved Hillsboro business is looking for new owners! The former Park-N-Eat restaurant boasts functioning kitchen equipment, storage space, a bathroom, and so so much parking. Located right off of Route 127, this property is next to a busy gas station, a block from the Historic Courthouse and beautiful downtown, and the frontage traffic counts are at almost 9000 vehicles per day. I would guess quite a few of those travelers are hungry. Don't feel like running a restaurant? That's ok, put the business of your choice in this location and it has instant exposure to thousands and thousands of people every day. Call your favorite agent and come see if you can picture your business here! Age of building approximate.
Taxes & Operating Expenses (Actual - 2024) 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 - 2024) 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
Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
672 SF
Building Class
C
Year Built
1950
Price
$165,000
Price Per SF
$245.54
Building Height
1 Story
Building FAR
0.15
Lot Size
0.10 AC
Fairly walkable
40/100
Exceptionally drivable
90/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 16-02-489-006 | Total Assessment | $9,680 |
| Land Assessment | $1,970 | Annual Taxes | ($672) (($1.00)/SF) |
| Improvements Assessment | $7,710 | Tax Year | 2024 |
Property Taxes
Parcel Number
16-02-489-006
Land Assessment
$1,970
Improvements Assessment
$7,710
Total Assessment
$9,680
Annual Taxes
($672) (($1.00)/SF)
Tax Year
2024
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201 Dearborn St
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