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Listed by Lettie Johnsonof Cross Davidson Real Estate
$ 75,000
Est. payment /mo
Active
303 3rd Street Kell, IL 62853
2,400 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 2,400 sqft
Price per Sqft $31
MLS Listing ID 12586457
Year Built 1908
Annual Tax Amount $912
Tax Year 2024
Lot Dimensions 50x71
Property Sub-Type Mixed Use
Property Description
Explore the investment potential in this Post Office/Apartment building. Steady income from the US Postal Service on a 4 yr lease with 5 year option for $7,100 per year and the Seller pays the water utility only. The Post Office has had many updates. Additional income can be captured from two apartment rentals. An upper level, 1 bedroom apartment has an open living area, galley-style Kitchen and a full bath. The lower level unit is in need of significant repair and the configuration can be customized.
Location
State IL
County Marion
Interior
Cooling Central Air, Window Unit(s)
Fireplace N
Exterior
View Y/N true
Building
Structure Type Brick,Stone
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