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700 N State Street

Freeburg, IL 62243
  • $2,200,000
  • STATUS: Active
  • ON SITE: 3 Days
  • ID#: 22039036
New On Site 3 Days Ago
$2,200,000
  • 0
    BEDS
  • 1.21
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 18,247
    SQFT
  • $121
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
2011
County:

School Ratings & Info

Description

Calling all investors....Amazing mixed-use building located on State Street on main drag with high traffic count. This property includes 4 commercial spaces on first floor all currently leased and 8 residential units on second floor 7 of 8 are leased. All units are metered separately with tenants paying all utilities. Residential tenants have elevator and fitness room access as well individual storage units. Property financials provided upon pre-approval. Agent owned.

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Listing information © 2022 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2022-06-25T23:39:41.213.

Two Keys at RE/MAX Alliance: 618-581-4324
www.twokeysforhome.com/homes/130142707
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700 N State Street Freeburg, IL 62243

  • Price: $2,200,000
  • Status: Active
  • On Site: 3 Days
  • ID#: 22039036
0
Beds
0
Baths
0
½ Baths
1.21
Acres
18,247
SQFT
$121
$/SQFT
2011
Built
Neighborhood:
Williams & Gardners Add
County:
St Clair
Property Description
Calling all investors....Amazing mixed-use building located on State Street on main drag with high traffic count. This property includes 4 commercial spaces on first floor all currently leased and 8 residential units on second floor 7 of 8 are leased. All units are metered separately with tenants paying all utilities. Residential tenants have elevator and fitness room access as well individual storage units. Property financials provided upon pre-approval. Agent owned.
Exterior Features

Attached Garage YN No Construction Materials Conventional Lot Size Dimensions 452 X 306 X 339 Lot Size Source County Records Parking Features Asphalt Parking Total 50 Road Frontage Type City Street Roof Asphalt Unit Location CityCorner LocationHigh Traffic

Interior Features

Above Grade Finished Area Source Appraiser Cooling Electric Heating Forced AirHeat Pump Heating YN Yes

Property Features

Association Realtor Association Of Southwestern Illinois Commercial Type Special Purpose/Use Cross Street N Main St Current Use Two StoriesApartmentMixed UseBar/TavernProfessional/Office Disclosures UnknownAgent OwnedCode Compliance ReqdLimited Seller Discl Documents Available Aerial PhotosLeasesProfit & Loss Statement Electric Other Existing Lease Type Gross Inclusions Building & Land Lease Term None Miscellaneous Exterior LightingPartial FencingSmoke Alarm/DetecSprinkler System Net Operating Income 0 Operating Expense Includes Common Area MtceMaintenanceManagerInsuranceReal Estate TaxTelephone Possession Close Of Escrow Possible Use RestaurantOfficeOffice ShowroomPersonal ServiceProfessional ServiceRetailStrip Center Property Sub Type Commercial & Indr. Sewer Public Sewer Special Listing Conditions No ExemptionsInterior Elevator in ResidenceNone Tax Annual Amount 36514 Tax Year 2021 Transaction Type Sale Utilities Electricity AvailableGas To SiteWater AvailableSewer AvailablePhone Available Water Source Public Zoning Commercial

Listing provided courtesy of Concept Real Estate Co Inc. Listing information © 2022 Mid America Regional Information Systems, Inc.
Listing information © 2022 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2022-06-25T23:39:41.213.

Two Keys at RE/MAX Alliance: 618-581-4324
 
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Two Keys at RE/MAX Alliance
120 South Buchanan
Edwardsville IL, 62025