Shelly Borota
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https://www.ruhlmortgage.com/BlakeEller.html
Description
Prime Commercial Investment Opportunity - Two-Unit Storefront Building. Excellent opportunity to own a two-unit commercial storefront building in a centralized, high-visibility location! The property features two established commercial tenants, a currency exchange and a supermarket, providing diversified rental income from essential neighborhood businesses. Attractive investment features include solid rental income, a decent cap rate, and a tenant-paid expense structure, with tenants responsible for their respective real estate taxes and utilities. Ideally positioned in a visible, accessible location with strong exposure to surrounding traffic and the local community. An appealing addition to any investor's portfolio, offering the potential for steady cash flow and long-term investment value. A great opportunity for investors seeking an income-producing commercial property with established tenants and reduced landlord expense obligations.
Property Highlights
Property Type: Commercial - Retail
Building Description: 1.0 stories
Year Built: 1910
General Information
County: Cook
Listed By:
RE/MAX 10
708-429-4300
MRED MLS
MLS ID: 12787371
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12956-12958 Western Avenue, Blue Island, IL 60406.
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563-441-1862
toll free 866-441-1862
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $329,000 | $329,000 | $329,000 |
| Down Payment | $65,800 | $11,515 | $82,250 |
| Monthly Mortgage Amount | $1,729 | $2,122 | $2,133 |
| Taxes | $458 | $458 | $458 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $145 | $0 |
| Monthly Estimated Total | $2,287 | $2,825 | $2,691 |
Shelly Borota
REALTOR®
Cell: (563) 357-8243
Licensed in IA
DeWitt Office
903 Sixth Avenue
DeWitt, IA 52742
(563) 659-9433
DeWitt, IA 52742
(563) 659-9433
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