665 WILMOT Street, Chillicothe, IL, 61523
RE/MAX Traders UnlimitedBasics
- Date added: Added 4 months ago
- Category: Commercial
- Type: Commercial Sale
- Status: Active
- ListOfficeName: RE/MAX Traders Unlimited
- ListAOR: rmlsa
- MLS ID: RMAPA1262390
Description
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Description:
Unique investment opportunity to add to your portfolio! Commercial lot with current cash flow and future upside. This C-2 zoned property on over half an acre includes an updated single-family rental home plus additional income from existing mobile home lot rentals. While no additional mobile homes may be added, the property offers strong potential as a long-term commercial investment with interim income already in place. Ideal opportunity for an investor looking to offset holding costs while planning for future redevelopment, commercial use, or repositioning. All tenants have their own Ameren meters and water lines have a submeter system installed for easy billback of water and sewer usage. Single Family home is a 2 bed, 1 bath with recent updates: roof, flooring, tile shower, drain line, water lines, furnace, water heater and a light kitchen remodel within the last 3 years. House rents for $975 and the 3 lots rent for $250 each.
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Location
- CountyOrParish: Peoria
- Directions: From N 4th St, West on Wilmot, corner of Wilmot and Sante Fe
Building Details
- NewConstructionYN: No
- Heating: Natural Gas, Wall Furnace
- Exterior material: Other, Vinyl Siding
- Roof: Composition Shingle
Amenities & Features
- Waterfront available: No
- GarageYN: No
- AttachedGarageYN: No
- FireplaceYN: No
- PoolPrivateYN: No
- Cooling: None, Other