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Listed by MelissaR Stevenson • Keller Williams Revolution.
$1,250,000
Est. payment /mo
16,296 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Pending
Purchase Type For Sale
Square Footage 16,296 sqft
Price per Sqft $76
MLS Listing ID PA1251952
Originating Board rmlsa
Year Built 1991
Annual Tax Amount $12,780
Tax Year 2023
Lot Size 2.630 Acres
Acres 2.63
Property Sub-Type Commercial
Property Description
Prime Multi-Use Commercial Property - Ideal Investment Opportunity! Discover versatility in this well-maintained, multi-use commercial property, positioned to cater to a diverse range of entrepreneurial ventures. Conveniently located just outside of the city limits on IL Route 9 in Tremont with easy access to I-155, Pekin and East Peoria. Boasting a combination of mini storage units, retail spaces and a spacious mechanic shop with office, this property is a testament to both functionality and profitability. High occupancy rates and reliable income stream. Property features 52 mini storage rentals, currently at 93% occupancy; two retail spaces at 100% occupancy; and an auto garage with office space at 100% occupancy, situated on 2.63 acres. Nearly $100,000 of capex over the past two years! Whether you are looking to diversify your portfolio, start a new business venture, or expand an existing enterprise, this multi-use commercial property offers unparalleled potential. The combination of reliable rental income from storage units, bustling retail businesses, and the steady demand for automotive services ensures a robust return on investment. Three addresses for the property are 22319, 22325 & 22333 Illinois Route 9 (one parcel ID and legal description). Agent owned but not by listing agents.
Location
State IL
County Tazewell
Area Paar Area
Zoning Commercial
Direction W of I-155 on IL Rte 9
Interior
Heating Forced Air, Gas, Individual Unit
Cooling Central Air, Individual Units, Office Only
Flooring Concrete, Other
Fireplace N
Exterior
View true
Roof Type Metal
Garage 1
Building
Faces W of I-155 on IL Rte 9
Sewer Septic Tank
Water Shared Well
Structure Type Steel Siding,Steel/ST Fram,Steel/WD Frame
Others
Tax ID 11-11-13-300-002
Security Features Yes
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