22319 IL Route 9 Active

Tremont,IL 61742

$ 1400000

- Bed

- Bath

16296 SqFt


Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 16,296 sqft

Price per Sqft $85

MLS Listing ID PA1251952

Originating Board rmlsa

Year Built 1991

Annual Tax Amount $12,780

Tax Year 2023

Lot Size 2.630 Acres

Acres 2.63

Property Description

Prime Multi-Use Commercial Property - Ideal Investment Opportunity! Discover versatility in this well-maintained, multi-use commercial property, positioned to cater to a diverse range of entrepreneurial ventures. Conveniently located just outside of the city limits on IL Route 9 in Tremont with easy access to I-155, Pekin and East Peoria. Boasting a combination of mini storage units, retail spaces and a spacious mechanic shop with office, this property is a testament to both functionality and profitability. High occupancy rates and reliable income stream. Property features 52 mini storage rentals, currently at 93% occupancy; two retail spaces at 100% occupancy; and an auto garage with office space at 100% occupancy, situated on 2.63 acres. Nearly $100,000 of capex over the past two years! Whether you are looking to diversify your portfolio, start a new business venture, or expand an existing enterprise, this multi-use commercial property offers unparalleled potential. The combination of reliable rental income from storage units, bustling retail businesses, and the steady demand for automotive services ensures a robust return on investment. Three addresses for the property are 22319, 22325 & 22333 Illinois Route 9 (one parcel ID and legal description). Agent owned but not by listing agents.

Location

State IL

County Tazewell

Area Paar Area

Zoning Commercial

Direction W of I-155 on IL Rte 9

Interior

Heating Forced Air,Gas,Individual Unit

Cooling Central Air,Individual Units,Office Only

Flooring Concrete,Other

Fireplace N

Exterior

View true

Roof Type Metal

Garage 1

Building

Faces W of I-155 on IL Rte 9

Sewer Septic Tank

Water Shared Well

Structure Type Steel Siding,Steel/ST Fram,Steel/WD Frame

Others

Tax ID 11-11-13-300-002

Security Features Yes

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