Courtesy of: Thomas Vierig, Castle View Real Estate, realtortomv@gmail.com
Courtesy of: Thomas Vierig, Castle View Real Estate, realtortomv@gmail.com
$1,119,000
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Other
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$1,119,000
207 E Church Street Ideal commercial investment or lease opportunity with high visibility. Traffic counts between 9, 600 and 11, 000 per day (IDOT) Modern elevator building with ample parking. LOI on file for unit B making this property fully rented with the exception of the basement which has the potential to bring additional income and already has a finished lobby, common bathrooms, and high ceilings make this space an easy build out. Well established tenants are made up of a nationally known company and there is even a federally back leased. No worries here with fly by night tenants. With a cap rate of 8.52%, this money making property would make a great start or addition to your income property portfolio. Income based on current owner doing a lease back on unit B.
Courtesy of: Thomas Vierig, Castle View Real Estate, realtortomv@gmail.com
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