Retail and Two Apartments 409 Springfield Rd 3,500 SF 100% Leased Retail Building Gillespie, IL 62033 $225,000 ($64.29/SF)

INVESTMENT HIGHLIGHTS

  • Real estate tax: $1,900

EXECUTIVE SUMMARY

• 3,500± SF Building
• 8,063± SF Lot
• 2,000± SF retail space to be leased
• Two apartments with 2 bd each generating $2,200 total monthly income
• Long term tenants on short term leases
• Possible gaming, liquor licenses

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
3,500 SF
Building Class
C
Year Built
2013
Price
$225,000
Price Per SF
$64.29
Percent Leased
100%
Building Height
2 Stories
Building FAR
0.41
Lot Size
0.20 AC
Opportunity Zone
Yes
  • Listing ID: 35479979

  • Date on Market: 4/14/2025

  • Last Updated:

  • Address: 409 Springfield Rd, Gillespie, IL 62033