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619 E Lincolnway
Morrison, IL 61270
Office Property For Sale

PROPERTY FACTS

Property Type
Office
Building Size
4,784 SF
Building Class
C
Year Built
1970
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
4,784 SF
Building FAR
0.14
Lot Size
0.79 AC

ABOUT 619 E LINCOLNWAY , MORRISON, IL 61270

SIZE OF IMPROVEMENTS: 1928 SF- OFFICE 1888 SF – RESTAURANT 264 SF COMMON AREA (ENTRY AND BATHROOMS) 4,080 SF – TOTAL LAND DESCRIPTION: This is an irregular lot that consists of 34,848 square feet or .8 acres. There is approximately 94.98 feet of road frontage along Route 30. (per Whiteside County GIS). OPERATIONS: At this time the subject property is utilized as office space for a State Farm Insurance Agency, with a 1-year lease thru 6/30/19, renewable for up to 3 years. The tenant pays the utilities. The east end of the building is set up as a restaurant. The tenants would provide the equipment except the 3-section stainless steel sink, 2 hand sinks, 2 exhaust hoods with 2 speed air replenishment, 1 speed exhaust and pay the utilities. Public access is available from the 5' x 8' vestibule. Additional parking to the south side of the building. ZONING: The subject property is zoned C-2 (General Business). TRAFFIC COUNT: According to the Illinois Department of Transportation {IDOT), 8800 vehicles pass by the property daily. SUBJECT PROPERTY: The property consist of a one-story wood-frame structure, which is divided into two sections with a common entrance on the north side plus optional auxiliary entry. There are 3 service doors located to the (south side) back of the building. The building connects to Morrison Fuel 24 LLC, which is owned by another party. The exterior wall is wood vertical siding. There is a six-foot overhang on the front of the building. The shingled roof was replaced in two stages. The subject property building measures approximately 40' x 102'. The front roof is approximately 10 years old and the back 4 years. There are 3 rooftop furnace and air conditioner units. (One is just 2 years old from Workman Heating and Cooling above the insurance office. The one above the kitchen doesn't heat but cools & one above the restaurant.) The office to the far west portion of the building has its own Goodman GFA furnace and air conditioner. There is an electrical breaker panel is in the restaurant area, the conference room and in the present bookkeeping area. There is a main office area that includes two office areas and a break/supply room. There is another office to the west that has hardwood floors and paneled walls. The present owners used this area for bookkeeping, etc. See survey for easement in the rear. Easement is for the water line. RESTAURANT DETAILS: 39' x 20' dining area with 14 oak booths. 14' x 20' open area for tables/ help etc. RECEPTION AREA: 12' 6" X 10' 8". KITCHEN: 15' 6" x 9' + "L" 27' 6". 3 section stainless steel sink, 2 hand sinks, 2 big exhaust vent/ hoods with 2 speed air Replenishment and 1 speed exhaust. 2 ceiling fans. SERVICE ROOM: 6' x 5' 9" is where the breaker panel, 1 hot water heater and water softener are. WAIT STAFF AREA: 10' x 8' irregular. COUNTER AREA: 21' X 8'. Wood, carpet and vinyl floors. OFFICE AREA DETAILS: Leased to Jack Spencer. He pays rent and utilities. 1-year renewable lease through 6/30/2019 , renewable for up to 3 years. 9' x 9' irregular entrance/ foyer. 13' x 11' Office. 20' x 26' Secretary core. GENERAL INFO Parking lots -front and rear. 1 hot water heater located in the break-room. STORAGE CLOSET Circuit breakers serve bookkeeping room and conference room and part of secretary core. 21' 9" x 13' -Bookkeeping area. 21' 9" x 15' - Conference room. 17' x 6' -Storage closet. 17' x 12' 6" - Break-room with phone system. 7' 6" x 5' 6" -Old cooler room (from when first built as a restaurant).

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0917330035
Land Assessment
$9,000
Improvements Assessment
$34,329
Total Assessment
$43,329
  • Listing ID: 13851631

  • Date on Market: 9/21/2018

  • Last Updated:

  • Address: 619 E Lincolnway, Morrison, IL 61270

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