1405-1419 WASHINGTON Road Washington, IL 61571 CLS #PA1238587
$370,000 8480 Total Sq. Ft. 8480 Available Sq. Ft.
Available for Purchase.
Highly visible, 8-unit shopping center located on Washington Road (BUS24). 6 units are currently leased, grossing $44,700 rents per year. Opportunities for new owner to occupy units, or to increase gross income by $1050 per month with the additional rents. Current CAP rate is 9.23%, and fully rented, it would be approximately 12.64%. The building has been recently remodeled in 2020 with new roof tear off, and exterior and interior remodels. NDA for financials, no "For Sale" sign currently on the property.
Listing Features
Type: Building Zoning: C2 County: Tazewell Water/Sewer: Public Sewer Total Sq. Ft.: 8480 Directions: On Washington Rd (BUS 24)

The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but is not guaranteed and should be independently verified through personal inspection and/or with the appropriate professionals.

This listing compliments of
RE/MAX Traders Unlimited
Last Updated on 3/23/2023 11:15:32 AM