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407 S 4th St 4,500 SF Retail Building Dunlap, IL 61525 $696,465 CAD ($154.77 CAD/SF)

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Investment Highlights

Multi Tenant Investment Opportunity

Executive Summary

3 Unit, 4,500 SF attractive retail center on Route 91 with a high traffic location right across from Dunlap High School. This property provides an excellent opportunity for a business owner to own their building and have investment income from other units, or to be leased out as a pure investment. Units A and C are available for lease and Unit B is leased to Debbie's Slots and Gaming Lounge. County approved plans to add another building and additional parking to the property on the West side for an additional 3,000 Sq. Ft. of building. NDA required for financial information on leased unit.

407 4th Dunlap (Updated) - Offering Memorandum

Property Facts

Sale Type

Investment

Property Type

Retail

Property Subtype

Storefront Retail/Office

Building Size

4,500 SF

Building Class

Year Built

2013

Price

$696,465 CAD

Price Per SF

$154.77 CAD

Tenancy

Multiple

Building Height

1 Story

Building FAR

0.12

Lot Size

0.86 AC

Zoning

Commercial

Parking

28 Spaces (6.22 Spaces per 1,000 SF Leased)

Space Availability

Space
Size
Space Use
Position
Available

C
1,500 SF
Office/Retail
-
Now

407 S 4th St, Dunlap, IL for sale Interior Photo- Image 1 of 5 — Interior Photo

407 S 4th St, Dunlap, IL for sale Interior Photo- Image 2 of 5 — Interior Photo

407 S 4th St, Dunlap, IL for sale Interior Photo- Image 3 of 5 — Interior Photo

407 S 4th St, Dunlap, IL for sale Interior Photo- Image 4 of 5 — Interior Photo

407 S 4th St, Dunlap, IL for sale Interior Photo- Image 5 of 5 — Interior Photo

Great location off of Route 91 in Dunlap across from Dunlap High School and Athletic Complex. Within walking distance, you will find small businesses, a gas station, the Rock Island Trail and much more! Each tenant has a unique, private entrance into their suite. This 1,500 sq. ft. suite is available for lease at $1650/mo plus utilities. It is restaurant ready (no hood/grill) or can befitted out to be an office or retail space. Coffee Shop, Ice Cream Parlor, Bike Rentals or a Candy Shop are just a few examples for this space. Other tenant in the center is Debbie's Slots and Gaming Lounge. The dumpster is shared among tenants directly.