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412-414 Locust St 7 000 pi² Commerce de détail Immeuble Delavan, IL 61734 387 636 $ CAD (55,38 $ CAD/pi²)
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FAITS SAILLANTS DE L'INVESTISSEMENT
- Prime downtown location in Delavan’s business district
- Recent structural and aesthetic upgrades for long-term stability
- Fully leased mixed-use property with strong rental income
- Dedicated carport parking for all residential units
RÉSUMÉ DE L'ANNONCE
This historic building offers a prime investment opportunity in the heart of Delavan’s downtown square. The property combines two street-level retail spaces with four well-maintained apartments above, creating a stable income stream in a vibrant business district. Recent capital improvements include a resealed roof (2024), updated facade and foundation (2020), new gutters, and multiple window replacements, ensuring long-term durability. Tenants benefit from a common laundry room and dedicated carport parking, enhancing convenience and appeal.
Located within a TIF District, the property provides potential tax advantages for investors. Its central location offers excellent visibility and walkability, surrounded by local businesses, community services, and residential neighborhoods. With all apartments and retail spaces currently leased, plus an additional storage area that could be converted to retail use, this asset delivers immediate cash flow and future upside.
Located within a TIF District, the property provides potential tax advantages for investors. Its central location offers excellent visibility and walkability, surrounded by local businesses, community services, and residential neighborhoods. With all apartments and retail spaces currently leased, plus an additional storage area that could be converted to retail use, this asset delivers immediate cash flow and future upside.
FAITS SUR LA PROPRIÉTÉ
Type de vente
Investissement
Type de propriété
Taille du bâtiment
7 000 pi²
Classe d’immeuble
B
Année de construction/rénovation
1891/2020
Prix
387 636 $ CAD
Prix par pi²
55,38 $ CAD
Location
Unique
Hauteur du bâtiment
2 étages
Coefficient d’occupation des sols de l’immeuble
1,00
Taille du lot
0,16 AC
Zonage
Business
Impôts fonciers
| Numéro de lot | 21-21-10-125-017 | Évaluation des bâtiments | 44 489 $ CAD |
| Évaluation du terrain | 4 724 $ CAD | Évaluation totale | 49 213 $ CAD |
Impôts fonciers
Numéro de lot
21-21-10-125-017
Évaluation du terrain
4 724 $ CAD
Évaluation des bâtiments
44 489 $ CAD
Évaluation totale
49 213 $ CAD
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412-414 Locust St
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