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605 Reed St 3,600 SF 100% Leased Office Building Beecher, IL 60401 $350,000 ($97.22/SF)
EXECUTIVE SUMMARY
Solid all-brick mixed-use commercial building located in the heart of historic downtown Beecher! The main floor offers approx. 2,200 sq ft of flexible commercial space-currently operating as a recording studio, complete with a few soundproof rooms, a break room, and versatile layout ideal for a variety of business uses. Upstairs, the spacious 4-bedroom, 1-bath residential unit boasts approx. 1,400 sq ft and includes a private deck off the back-perfect for relaxing or entertaining. The building also includes a large, dry basement, great for storage or potential expansion. Whether you're looking to invest, live and work in the same space, or establish your business in a high-visibility location-this is your opportunity to own a piece of Beecher history and make it your own!
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Building Size
3,600 SF
Building Class
B
Year Built
1936
Price
$350,000
Price Per SF
$97.22
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
2,200 SF
Building FAR
0.34
Lot Size
0.24 AC
Parking
3 Spaces (0.83 Spaces per 1,000 SF Leased)
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PROPERTY TAXES
| Parcel Number | 22-22-16-307-010 | Improvements Assessment | $48,424 |
| Land Assessment | $11,025 | Total Assessment | $59,449 |
PROPERTY TAXES
Parcel Number
22-22-16-307-010
Land Assessment
$11,025
Improvements Assessment
$48,424
Total Assessment
$59,449
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605 Reed St
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