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Central Illinois Two-Property QSR Portfolio – 50% Ownership Interests 2 Retail Properties Offered at $421,799 CAD in Multiple Locations
Investment Highlights
- Existing restaurant improvements may reduce redevelopment timelines and capital expenditures for future users or investors.
- Corner and arterial-road positioning enhances visibility and customer access from surrounding trade areas.
Executive Summary
Two-property Central Illinois drive-thru portfolio offered at $349,000. The offering consists exclusively of the seller’s 50% undivided ownership interest in each property; the buyer will not acquire 100% ownership.
1000 Charleston Avenue, Mattoon, Illinois: Freestanding former KFC drive-thru property currently subject to a three-year Absolute NNN lease at $3,500 per month. The seller’s proportional share of base rental income is approximately $1,750 per month, subject to the ownership and lease documents. Existing lease terms and tenant purchase rights will be provided during due diligence.
1310 E. Pershing Road, Decatur, Illinois: Freestanding former KFC drive-thru property currently undergoing substantial renovations, including new HVAC, new electrical work and interior improvements. The property provides value-add potential and flexible future leasing, operating or resale opportunities.
The portfolio combines existing rental income from the Mattoon property with renovation and appreciation potential at the Decatur property. Seller is seeking an immediate sale of both 50% interests together. Proof of funds is required before detailed financial and ownership documents are released. The sale is subject to title review, existing agreements and verification of the seller’s transfer rights.
Purchase price: $349,000
Earnest money requested: $10,000
Preferred due-diligence period: 10–15 days
Preferred closing: 30 days or sooner
1000 Charleston Avenue, Mattoon, Illinois: Freestanding former KFC drive-thru property currently subject to a three-year Absolute NNN lease at $3,500 per month. The seller’s proportional share of base rental income is approximately $1,750 per month, subject to the ownership and lease documents. Existing lease terms and tenant purchase rights will be provided during due diligence.
1310 E. Pershing Road, Decatur, Illinois: Freestanding former KFC drive-thru property currently undergoing substantial renovations, including new HVAC, new electrical work and interior improvements. The property provides value-add potential and flexible future leasing, operating or resale opportunities.
The portfolio combines existing rental income from the Mattoon property with renovation and appreciation potential at the Decatur property. Seller is seeking an immediate sale of both 50% interests together. Proof of funds is required before detailed financial and ownership documents are released. The sale is subject to title review, existing agreements and verification of the seller’s transfer rights.
Purchase price: $349,000
Earnest money requested: $10,000
Preferred due-diligence period: 10–15 days
Preferred closing: 30 days or sooner
Property Facts
| Price | $421,799 CAD | Number of Properties | 2 |
| Price / SF | $83.36 CAD / SF | Individually For Sale | 1 |
| Sale Condition | Bulk/Portfolio Sale | Total Building Size | 5,060 SF |
| Sale Type | Investment | Total Land Area | 1.38 AC |
| Status | Active |
| Price | $421,799 CAD |
| Price / SF | $83.36 CAD / SF |
| Sale Condition | Bulk/Portfolio Sale |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 1 |
| Total Building Size | 5,060 SF |
| Total Land Area | 1.38 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 1310 E Pershing Rd, Decatur, IL 62526 | Retail | 2,530 SF | 2001 | - |
| 1000 Charleston Ave, Mattoon, IL 61938 | Retail | 2,530 SF | 1990 | - |
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Central Illinois Two-Property QSR Portfolio – 50% Ownership Interests
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