303 E State Rd

Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

This mixed use investment opportunity has 2432 square feet of office or retail space on the first floor and 1920 square feet that is 2 apartments on the second floor. The two apartments are both two bedrooms, are currently being rented at $550 and $600/month, have washer and dryer hook-ups, separate electric meters. The main level was previously used as a salon and spa. Reception area plus 6 individual offices/spa rooms with 2 half baths; one towards the front and one towards the back. The main level...This mixed use investment opportunity has 2432 square feet of office or retail space on the first floor and 1920 square feet that is 2 apartments on the second floor. The two apartments are both two bedrooms, are currently being rented at $550 and $600/month, have washer and dryer hook-ups, separate electric meters. The main level was previously used as a salon and spa. Reception area plus 6 individual offices/spa rooms with 2 half baths; one towards the front and one towards the back. The main level could be split up into 2 units or rentable spaces as the kitchen and hair salon have a separate entrance with laundry and a half bath. This building has been very well kept and updated as needed.
  1. Listed by Tamara Ruter • Keller Williams Realty Signature
    P: (815)-718-4483 C: (815)-718-4483 TamaraGraham@kw.com

Sold By Key Realty

Property Details for 303 East State Road

Area
Mt. Carroll
Township
Mt. Carroll
Num Of Parking Spaces
20.0
Air Conditioning Type
Central Air, Window Unit(s)
Zoning
COMMR
LISTING CLOSED: 04/14/2023 12:00 AM

Property Details for 303 East State Road

StatusClosed
MLS #11636849
Days on Market158
Taxes$2,501 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMixed Use
MLS TypeCommercial Sale
Year Built1947
Lot Size0.00 AC / 1 SF
CountyCarroll County
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Building Information for 303 East State Road

Stories2Residences3Year Built1947Lot Size0.00 AC / 1 SF

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$768 per month

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Principal and Interest

$559

Property Taxes

$208

HOA Dues

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Property Information for 303 East State Road

General Information
Addtl Parking Information
  • Outdoor Parking: 19-30 Spaces
Location and General Information
  • Geographic Locale: Far West
  • Information: Seller's Disclosure,Show-Special Instructions,48-Hr Notice Required,Other-See Remarks,No Sign on Property
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: Central Air, Window Unit(s)
  • Electric: Circuit Breakers, Service - 101 to 200 Amps
  • # Of Washers: 1
  • Heat/Ventilation: Forced Air,Gas,Hot Water
  • # Of Window/Ac: 4
  • # Of Refrigerators: 2
  • Misc Inside: Multi-Tenant,Private Restroom/s,Storage Inside,Laundry Room
  • # Of Dryers: 1
  • Num of Baths: 0.0
Exterior Features
  • # Of Apts: 2
Property/Lot Information
  • Tenant Pays: Other
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Lot Dimensions: 50X100X23X47X11X36
  • Lot Size Square Feet: 1.0
  • Stories: 2
  • Exterior Building Type: Block
  • Roof Type: Metal
  • Fire Protection: Other
  • Foundation Details: Concrete Perimeter
  • Building Area Total: 4352
  • # Of Offices: 6
  • Office SqFt: 2432
  • Other SqFt: 1920
  • # Of Ranges: 3
  • # Of Stores: 2
  • Property Sub Type: Mixed Use
Property and Assessments
  • Buyer Financing: Lease Purchase, Other
  • Public Document Count: 0
  • Photos Count: 30
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 3
Income & Expenses
  • Electric Expense: $1.00
  • Fuel Expense: $1.00
  • Gross Income: $1,150.00
  • Gross Scheduled Income: $13,800.00
  • Insurance Expense: $1.00
  • Total Monthly Income: 1150
  • Other Expense: $1.00
  • Trash Expense: $1.00
  • Water Sewer Expense: $1.00

Property History for 303 East State Road

DateEvent & SourcePriceAppreciation
Apr 14, 2023

Sold

MRED #11636849

$110,000
Apr 13, 2023

Sold

NorthWest Illinois Alliance of REALTORS® #202207093

$110,000
Feb 27, 2023

Pending

MRED #11636849

DateEvent & SourcePrice
04/14/2023

Sold

MRED #11636849

$110,000
04/13/2023

Sold

NorthWest Illinois Alliance of REALTORS® #202207093

$110,000
02/27/2023

Pending

MRED #11636849

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 303 East State Road

Taxable ValueLand$3,570Additions$23,280Total$26,850
Tax Record2025$2,654 ($221 / month)
Home Facts
Total Finished SqFt4,352 SqFtAbove Grade Finished SqFt4,352 SqFtLot Size20,386 SqFtStyleOffice BuildingYear Built1947Year Renovated1947CountyCARROLLAPN05-09-07-101-025

Schools near 303 East State Road

This home is within West Carroll Community Unit School District 314.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
West Carroll Primary School
PublicPK to 5

West Carroll Middle School
Public6 to 8

West Carroll High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Realty Signature

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 04/15/2023 11:40 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.