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216 Chicago Rd 1,359 SF Vacant Retail Building Paw Paw, IL 61353 $99,500 ($73.22/SF)
Investment Highlights
- High visibility property...
- Re-purpose to professional services or retail...
- Motivated Seller!!!
- Located in commercial business area...
- Hold for investment...
Executive Summary
This is a stand alone building that had been a laundromat and small studio apartment. Currently, it is being used for the sale of clothing and other consigned goods. Studio apartment remains. Building is located adjacent to a Casey's as you enter the village of Paw Paw.
Financial Summary (Actual - 2024) |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
$1,506
|
$1.11
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$1,506
|
$1.11
|
Financial Summary (Actual - 2024)
| Taxes | |
|---|---|
| Annual | $1,506 |
| Annual Per SF | $1.11 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $1,506 |
| Annual Per SF | $1.11 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
1,359 SF
Building Class
C
Year Built
1970
Price
$99,500
Price Per SF
$73.22
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.38
Lot Size
0.08 AC
Zoning
CM - Commercial.
Parking
10 Spaces (7.36 Spaces per 1,000 SF Leased)
Frontage
60’ on Chicago Rd
Amenities
- 24 Hour Access
- Signage
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 22-18-10-431-011 | Total Assessment | $23,109 (2025) |
| Land Assessment | $1,789 (2025) | Annual Taxes | $1,506 ($1.11/SF) |
| Improvements Assessment | $21,320 (2025) | Tax Year | 2024 Payable 2025 |
Property Taxes
Parcel Number
22-18-10-431-011
Land Assessment
$1,789 (2025)
Improvements Assessment
$21,320 (2025)
Total Assessment
$23,109 (2025)
Annual Taxes
$1,506 ($1.11/SF)
Tax Year
2024 Payable 2025
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Contact the Sale Advisor
216 Chicago Rd