318 North Main Street, Monmouth, Illinois 61462, IL 61462

$295,000
Active for Sale
 
Listing ID 11633458
Property Type Commercial
Commercial Type Office Live/Work Unit
County Warren
Township Monmouth, Illinois 61462
Neighborhood Business District
Total Tax $5,713
Tax ID 09-210-168-00
FEMA Flood Map fema.gov/portal
Year Built 1972
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Commercial property consists of three (3) separate offices. All of the offices are currently leased. Secretary of State Driver's License Services leases the largest office. Whereas. the other two offices are slightly smaller.
Property Details
  • 3 Half Baths
  • 3480 SF (AG)
  • 11340 SF Lot
  • Built in 1972
  • 1 Story
  • Full Basement
  • 3480 Lower Level SF
  • Lower Level: Unfinished
  • Renovation: Parking lot was recently updated. Heating systems - approximately five (5) years old. Two new a/c units.
Unit Information
Unit #1 – Rent Price: 1600, Half Baths: 1, Occupied, Unit Count: 1
Unit #2 – Rent Price: 1000, Half Baths: 1, Occupied, Unit Count: 2
Unit #3 – Rent Price: 600, Half Baths: 1, Occupied, Unit Count: 3
Interior Features
  • Alarm System
  • Forced Air
  • Natural Gas Fuel
  • Natural Gas Avail
  • Central A/C
Exterior Features
  • Masonry - Concrete Block Construction
  • Brick Siding
  • Rubber Roof
  • Municipal Water
  • Municipal Sewer
Commercial Info
  • Bergs Il. Properties Inc. (Business Name)
  • 13.00% Cap. Rate
  • Full usable basement. Tenants pay utilities. Three individual offices.
Income/Expenses
  • Gross Income $37,920
  • Net Income $22,687
  • Maintainence Exp $3,500
  • Insurance Exp $2,500
  • Water Exp $1,500
  • Misc Exp $5,700
  • Total Exp $13,200
  • Paid by Landlord: Insurance, Struct. Maint., Ground Maint.
Taxes and Fees
  • $5,713 Total Tax
Listed By
Doyle & Associates Realty, LLC
Office: 309-734-7253
Mobile: 309-371-6103
Doyle & Associates Realty, LLC
Office: 309-734-7253
Mobile: 309-363-3933
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