Stabilized mixed-use investment opportunity located in Mt. Zion, Illinois. Constructed in 2013, this well-maintained brick and stucco building is configured with four commercial suites on the main level and four apartment units on the second level. The property is currently 100% occupied, with all 8 units leased, offering immediate in-place cash flow, diversified income, and a historically low-vacancy asset in a desirable community market. The main level includes four separately metered commercial units, two of which are built out as salon spaces and occupied by a long-term tenant. The remaining commercial spaces offer flexible open layouts suitable for office, retail, or service-based users. The second level includes four large apartment units, each approximately 1,200 square feet and configured as 2-bedroom, 2-bath units with open-concept living/kitchen areas, in-unit washer/dryer, private furnace, individual water heater, and separate metering.
14 days
|
316
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10
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Zillow last checked:
Listing updated:
Listed by:
Zane Peterson217-422-3335,
Main Place Real Estate
Source: CIBR,MLS#: 6259858Originating MLS: Central Illinois Board Of REALTORS
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
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