2 Story Commercial Bldg in Cherry

Office for Sale
Catylist Listing ID: 30509602
Property Subtypes: Mixed Use, Office Building, Research & Development
Building Size (RSF): 2,500 SF
Gross Land Area: 6,000 SF
Sale Price: $85,000
Unit Price: $34 PSF
Property Use Type: Investment, Vacant/Owner-User
Usable Size (USF): 2,500 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/21/2020

Overview / Comments

Well maintained commercial building on a corner lot in downtown Cherry, IL. Main level contains an updated office space with reception area, 2 private offices, bathroom and storage space. Upstairs is a spacious 3-bedroom apartment. Roof was replaced 5 years ago and windows are updated. Attached 2-car garage, utilities are separated. Highly visible location!

Additional Details

Nearest MSA: Ottawa
County: Bureau
Taxing Authority: Bureau County
Tax ID/APN: 12-27-340-011
Zoning: B3
Property Located Between: Located on Route 89 (aka) Main Street
Property Visibility: Good
Highway Access: Route 89
Airports: Illinois Valley Regional Airport
Site Description: Corner Lot
Area Description: Downtown Business District
Total Number of Buildings: 1
Number of Stories: 2
Typical SF / Floor: 1,200 SF
Roof Type: Flat
Construction/Siding: Brick/Vinyl Siding
Exterior Description: Brick and Vinyl Exterior- Roof Covering - Membrane
Parking Type: Structure, Surface
Parking Description: 2 car garage and street parking
Total Parking Spaces: 2
Heat Type: Natural Gas
Heat Source: Central, Other
Interior Description: Remodeled downstairs office has gas forced air and a/c / upstairs has hot water heat
Zoning Description: B3
Lot Frontage: 50
Lot Depth: 120
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 2,574 3,552
Median Age: 42.5 42.3
Households: 1,112 1,484
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