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533 W Main St 3,360 SF 100% Leased Retail Building Princeville, IL 61559 $158,440 CAD ($47.15 CAD/SF)
Investment Highlights
- Currently Divided into Three Units
- Located in TIF District
Executive Summary
This brick commercial building provides great opportunities for a business owner or investor in Princeville, IL. It would be an ideal location for a clinic or medical use. The building is currently divided into three units - an office suite on the east end of the building (1,100 SF), a retail suite on the west end of the building (835 SF), and a salon unit in the middle suite (1,300 SF). There is a shared foyer for the middle and east units of approximately 120 SF. Utilities include three furnaces and air conditioners, 2 Ameren electric meters (office, salon/retail together), 3 Ameren gas meters, and one water meter/one sewer meter. Property is located in the Princeville TIF I (see https://princeville.org/tax-increment-financing/ for more information).
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
3,360 SF
Building Class
C
Year Built
1998
Price
$158,440 CAD
Price Per SF
$47.15 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.27
Lot Size
0.29 AC
Zoning
C-1 - Commercial
Somewhat walkable
20/100
Very drivable
80/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 02-24-201-003 | Improvements Assessment | $32,929 CAD |
| Land Assessment | $7,019 CAD | Total Assessment | $39,948 CAD |
Property Taxes
Parcel Number
02-24-201-003
Land Assessment
$7,019 CAD
Improvements Assessment
$32,929 CAD
Total Assessment
$39,948 CAD
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533 W Main St
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