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Retail and Two Apartments 409 Springfield Rd 3,500 SF 100% Leased Retail Building Gillespie, IL 62033 $169,000 ($48.29/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
• 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
$169,000
Price Per SF
$48.29
Percent Leased
100%
Building Height
2 Stories
Building FAR
0.40
Lot Size
0.20 AC
Opportunity Zone
Yes
Frontage
58’ on Springfield Rd
Property Taxes
| Parcel Number | 03-002-982-00 | Improvements Assessment | $36,161 |
| Land Assessment | $1,728 | Total Assessment | $37,889 |
Property Taxes
Parcel Number
03-002-982-00
Land Assessment
$1,728
Improvements Assessment
$36,161
Total Assessment
$37,889
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Retail and Two Apartments | 409 Springfield Rd
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