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43W407 US Highway 20 6,174 SF Retail Building Pingree Grove, IL 60140 $825,841 CAD ($133.76 CAD/SF)
Investment Highlights
- Two-story retail building configured as an established antique shop with approximately 30 vendor spaces.
- Convenient on-site parking with handicap-accessible entrances on both front and side.
- Includes a non-conforming two- to three-bedroom apartment with rental potential.
- Strong corner visibility on US Highway 20 and close proximity to IL Route 47 for regional connectivity.
Executive Summary
Investment opportunity at a prominent corner location along US Highway 20 and IL Route 47 in Pingree Grove. This property offers 6,174 square feet of multi-level retail space, currently operated as an established antique shop. The building spans two floors featuring approximately 30 individual rentable vendor areas, creating multiple revenue streams. The property also includes a non-conforming upstairs apartment of about 1,000 square feet that can serve as additional rental income. Ample parking is available on the front and side of the building, with accessible entrances to accommodate customers and tenants. Additional adjacent parcels and buildings can be acquired to expand the commercial footprint, making this investment a versatile option for future growth. All buildings currently generate rental income, offering an immediate return to investors seeking a revenue-producing asset in a visible, high-traffic corridor.
Financial Summary (Actual - 2025) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
6,174 SF
Building Class
C
Year Built
1961
Price
$825,841 CAD
Price Per SF
$133.76 CAD
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.08
Lot Size
1.70 AC
Zoning
C2 - Motor Vehicle-Related Commercial District
Frontage
400’ on US Route 20
Amenities
- 24 Hour Access
- Air Conditioning
Not walkable
10/100
Exceptionally drivable
100/100
Property Taxes
| Parcel Number | 02-30-400-003 | Total Assessment | $117,936 CAD (2024) |
| Land Assessment | $58,090 CAD (2024) | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $59,845 CAD (2024) | Tax Year | 2025 |
Property Taxes
Parcel Number
02-30-400-003
Land Assessment
$58,090 CAD (2024)
Improvements Assessment
$59,845 CAD (2024)
Total Assessment
$117,936 CAD (2024)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2025
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43W407 US Highway 20
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