• 602 N MAIN ST, Augusta, IL 62311
    602 N MAIN ST, Augusta, IL 62311
    602 N MAIN ST, Augusta, IL 62311
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    Listed by Luke Tappe • KW Hometown
    $250,000
    Est. payment /mo
    4,836 SqFt
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    UPDATED:

    Key Details

    Property Type Commercial

    Sub Type Commercial

    Listing Status Active

    Purchase Type For Sale

    Square Footage 4,836 sqft

    Price per Sqft $51

    MLS Listing ID CA1047362

    Annual Tax Amount $1,403

    Tax Year 2025

    Lot Size 10,018 Sqft

    Acres 0.23

    Lot Dimensions 101x100

    Property Sub-Type Commercial

    Source rmlsa

    Property Description

    Your new investment opportunity awaits! 8-total units (7-residential & 1-commercial unit) in these 2-buildings included w/ this sale. A brand new $60,000 TPO roof was just installed in 2026. At an 85% occupancy this investment has the potential of bringing in $29,577 (annual NOI) at a 11.8% cap rate. Or at a 90% occupancy has the potential of bringing in $32,977 (annual NOI) at a 13.2% cap rate. See attached summary of investment figures provided by seller(s). Figures are not guaranteed & should be individually verified by buyer(s). A great investment opportunity for the perfect investor. Proof of funds or pre-approval required prior to any in-person showings.

    Location

    State IL

    County Hancock

    Area Other

    Zoning Commercial

    Direction Augusta, IL to 600-604 N. Main St.

    Interior

    Heating Electric, Heat Pump, Hot Water, Baseboard

    Cooling Central Air, Multi Units, Wall/Window Unit(s)

    Flooring Tile

    Fireplace N

    Exterior

    View true

    Roof Type Membrane

    Total Parking Spaces 12

    Garage 1

    Building

    Faces Augusta, IL to 600-604 N. Main St.

    Sewer Public Sewer

    Water City Water/Connected, Municipal/City

    Structure Type Brick,Vinyl Siding,Frame

    Others

    Tax ID 25-23-000-473

    Security Features No


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    Jackie Weisenburger

    Jackie Weisenburger

    +1(217) 430-9353

    Broker License ID: 475.141177

    Broker License ID: 475.141177

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