213 W Walnut Street Active

Watseka,IL 60970

$ 375000

- Bed

- Bath

9375 SqFt


Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 9,375 sqft

Price per Sqft $40

MLS Listing ID 11355366

Year Built 1917

Annual Tax Amount $1,726

Tax Year 2023

Lot Dimensions 25X128.9X25X128.9

Property Description

TERRIFIC INVESTMENT OPPORTUNITY - with peace of mind! This 14 unit motel/apartment hybrid building has a new roof, plus new windows and screens, all with transferable warranties. Brand new furnace, too! Most of the apartments are on the top floor; there are laundry facilities on the 2nd floor, and the theater is on the main floor - and could be converted into retail space. The building has central air, but tenants can rent window units, as well.* BRING HISTORY BACK TO LIFE! This famous building was established by the Railroad Company as a theater & hotel for its employees - it has many beautiful architectural features, as well as modern comforts. A steady source of income and a unique prospect - come and see! *See zoning notes in broker remarks.*Flooring credit for common area negotiable with acceptable contract.*

Location

State IL

County Iroquois

Zoning OTHER

Interior

Cooling Central Air,Window Unit(s)

Flooring Carpet,Vinyl

Fireplace Y

Exterior

Utilities Available Sanitary Sewer,Water-Municipal

View Y/N true

Roof Type Membrane

Building

Foundation Block,Brick/Mortar

Structure Type Brick,Wood Frame

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