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635 S Lincoln Ave 3 036 pi² 100% Loué Commerce de détail Immeuble O'Fallon, IL 62269 377 069 $ CAD (124,20 $ CAD/pi²)



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Résumé de l'annonce
Commercial Property with Potential for Increased Value with Upstairs Apartment
Marketing description
Prime corner lot on South Lincoln, offering high-traffic exposure in O'Fallon, IL. This property features two buildings with multiple income-generating opportunities, ideal for owner-occupiers looking to offset costs with rental income. The main building (633-635) includes two ground-floor commercial spaces: a long-standing alterations/seamstress business ($700/month) and a larger office/retail space that currently is leased to a mental health professional ($1,000/month + $200 for utilities graduating $100/month each of the next two years). The second-floor space, accessible via a separate entrance at 102 W. 7th, was formerly a residential apartment and offers additional value-add potential if renovated and brought up to code. Across the paved parking lot, the second building (625) houses a hair salon generating $585/month. The interior photos included are of the main floor, larger space that will be vacant and ready for a new occupant! Don't miss out on this versatile property with great income potential. Contact us today for more details or to schedule a showing!
Call us today to schedule a showing!
Investment highlights
Detailed Square Footage:
633/635 First Floor (Formerly leased as Counseling Offices and Alterations Business): 1,600 SF. The alterations business (633) is still active, but the counseling office (635) will be ready for an owner to occupy in May!
635 Second Floor (2 Bedroom Apartment, currently vacant): 824 SF
625 (Currently Leased as Hair Braiding Business): 612 SF
Monthly Rents: (All Gross Leases with LL paying utilities minus electric bill at 625)
625: $585
633: $700
635: Perfect for owner occupied
Contact us today for a showing!
Jeff Franke Email: jeff@choosekwg.com Phone: 618-792-9693
Kevin Beck Email: kevin@choosekwg.com Phone: 618-550-8762
Marketing description
Prime corner lot on South Lincoln, offering high-traffic exposure in O'Fallon, IL. This property features two buildings with multiple income-generating opportunities, ideal for owner-occupiers looking to offset costs with rental income. The main building (633-635) includes two ground-floor commercial spaces: a long-standing alterations/seamstress business ($700/month) and a larger office/retail space that currently is leased to a mental health professional ($1,000/month + $200 for utilities graduating $100/month each of the next two years). The second-floor space, accessible via a separate entrance at 102 W. 7th, was formerly a residential apartment and offers additional value-add potential if renovated and brought up to code. Across the paved parking lot, the second building (625) houses a hair salon generating $585/month. The interior photos included are of the main floor, larger space that will be vacant and ready for a new occupant! Don't miss out on this versatile property with great income potential. Contact us today for more details or to schedule a showing!
Call us today to schedule a showing!
Investment highlights
Detailed Square Footage:
633/635 First Floor (Formerly leased as Counseling Offices and Alterations Business): 1,600 SF. The alterations business (633) is still active, but the counseling office (635) will be ready for an owner to occupy in May!
635 Second Floor (2 Bedroom Apartment, currently vacant): 824 SF
625 (Currently Leased as Hair Braiding Business): 612 SF
Monthly Rents: (All Gross Leases with LL paying utilities minus electric bill at 625)
625: $585
633: $700
635: Perfect for owner occupied
Contact us today for a showing!
Jeff Franke Email: jeff@choosekwg.com Phone: 618-792-9693
Kevin Beck Email: kevin@choosekwg.com Phone: 618-550-8762
Faits sur la propriété
Type de vente
Investissement
Type de propriété
Commerce de détail
Sous-type de propriété
Bien à usage mixte
Taille du bâtiment
3 036 pi²
Classe d’immeuble
C
Année de construction
1897
Prix
377 069 $ CAD
Prix par pi²
124,20 $ CAD
Pourcentage loué
100%
Location
Multiples
Hauteur du bâtiment
2 étages
Coefficient d’occupation des sols de l’immeuble
0,32
Taille du lot
0,22 AC
Zonage
Commercial
Stationnement
20 places (6,59 places par 1 000 pi² loué)
Façade
140’ sur South Lincoln
Commodités
- Lot de coin
- Climatisation
Walk Score®
Très pratique à pied (81)
Principaux détaillants à proximité
Impôts fonciers
| Numéro de lot | 04-30.0-431-021 | Évaluation des bâtiments | 98 692 $ CAD |
| Évaluation du terrain | 7 757 $ CAD | Évaluation totale | 106 449 $ CAD |
Impôts fonciers
Numéro de lot
04-30.0-431-021
Évaluation du terrain
7 757 $ CAD
Évaluation des bâtiments
98 692 $ CAD
Évaluation totale
106 449 $ CAD
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635 S Lincoln Ave
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