542 W Norris Dr
Ottawa, IL 61350
Starved Rock Music Store · Land For Sale
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0.86 AC
Investment Highlights
- Highly visible , High traffic area
- Multi -use Property
- Ready made income long term tenants
Property Facts
Description
Attention investors! Multi-use property being offered for sale. Perfect location with IDOT (2007) count of 16,000+ cars per day. One building, 3 separate businesses/tenants. Two of the three would like to retain their tenancy on a 5-10 year lease. All three are long term renters. The property is currently a showroom 25x32 and includes display cases. A shop area and a finished basement with 5 soundproof studios currently used as music lesson studios but could easily be offices. 8+ parking spots. The upper level loft is a nicely finished 1-bedroom apartment currently being rented as an short stay (airbnb/vrbo) rental. Approximately 700sqft and an open floor plan with a full bathroom including a granite tile floor and shower. Tenants on the east side of the building looking to pay market rates and stay if possible. Endless options with this property on a corner lot in Starved Rock County and the Town of Two Rivers!
Property Taxes
| Parcel Number | 21-02-318007 | Improvements Assessment | $32,867 |
| Land Assessment | $4,521 | Total Assessment | $37,388 |
Property Taxes
