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112 W MAGNOLIA ST Elmwood, IL 61529
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Key Details
Sold Price $75,000
Property Type Commercial
Sub Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 6,970 sqft
Price per Sqft $10
MLS Listing ID PA1235610
Sold Date 09/13/23
Annual Tax Amount $378
Tax Year 2021
Lot Size 6,969 Sqft
Acres 0.16
Property Sub-Type Commercial
Source rmlsa
Property Description
PROPERTY IS CURRENTLY UNDER LETTER OF INTENT - This fantastic property has a historic feel and so many interesting characteristics. This property is now being offered most likely for the first time in your lifetime. Property has income generated by the two first floor tenants. Estimated 15,693 NOI for 2022 without the upper level use. Upper level has been used entirely by a private fraternal order. This property has so many possibilities and is located in Elmwood TIF district. Upper level will be vacant for the next owner's use. A little imagination will result in endless possibilities for this space.
Location
State IL
County Peoria
Area Paar Area
Zoning Commercial
Direction On Magnolia across from the city square - great location
Interior
Heating Gas
Cooling Central Air
Flooring Concrete, Tile/Vinyl, Wood
Fireplace N
Exterior
View true
Roof Type Membrane
Garage 1
Building
Faces On Magnolia across from the city square - great location
Sewer Public Sewer
Water City Water/Connected
Structure Type Other, Brick
Others
Tax ID 11-07-288-009
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