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219 N Canal St 2,064 SF 100% Leased Office Building Annawan, IL 61234 $185,000 ($89.63/SF)
Investment Highlights
- Flexible interior layout with multiple offices, reception, bathrooms, and kitchenette.
- Dedicated parking area with 14 marked spaces and a small utility shed.
- Highway frontage with power supply for a lighted sign to maximize exposure.
- Convenient access to Interstate 80 and IL Highway 6, enhancing regional mobility.
Executive Summary
This well-maintained office building, built in 1999, offers 2,064 square feet of versatile space designed to accommodate a wide range of professional or medical uses. The layout includes a welcoming lobby and reception area, multiple offices or exam rooms, two bathrooms, a shower, and a kitchenette for convenience. The property can be divided into two separate units if needed, each providing flexible options for independent operations.
The site features an asphalt parking area with 14 marked spaces, a small utility shed, and infrastructure for a lighted sign, enhancing exposure to passing traffic. Located on Illinois Highway 78 near Interstate 80 and Route 6, the property ensures excellent regional connectivity and visibility for customers and clients. Businesses seeking a professional setting in a highly accessible location will find this property an exceptional fit for operational efficiency and customer accessibility.
The site features an asphalt parking area with 14 marked spaces, a small utility shed, and infrastructure for a lighted sign, enhancing exposure to passing traffic. Located on Illinois Highway 78 near Interstate 80 and Route 6, the property ensures excellent regional connectivity and visibility for customers and clients. Businesses seeking a professional setting in a highly accessible location will find this property an exceptional fit for operational efficiency and customer accessibility.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
2,064 SF
Building Class
B
Year Built
1999
Price
$185,000
Price Per SF
$89.63
Percent Leased
100%
Building Height
1 Story
Typical Floor Size
2,064 SF
Building FAR
0.14
Lot Size
0.34 AC
Zoning
B-2 - Designates a general business district intended for retail, personal services, offices, and small-scale commercial uses that serve community needs. It supports mixed-use development with reasonable building height and setback regulations.
Parking
12 Spaces (5.81 Spaces per 1,000 SF Leased)
Amenities
- Air Conditioning
Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 15-03-401-009 | Improvements Assessment | $48,749 |
| Land Assessment | $3,432 | Total Assessment | $52,181 |
Property Taxes
Parcel Number
15-03-401-009
Land Assessment
$3,432
Improvements Assessment
$48,749
Total Assessment
$52,181
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219 N Canal St
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