120 North 2nd Street

Peotone, IL 60468

$185,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Adorable duplex style commercial property in downtown Peotone! Affordably operate your business on one side while collecting rent from the other! Perfect for a small cafe, bakery, office space, hobby/craft store, gourmet grocery, butcher, etc. Plenty of parking right out front and additional parking behind the stores. Building is in excellent condition! Previously occupied by a salon with a gift shop but could easily be two units or perhaps even two stores and living quarters! TIF district and Business...Adorable duplex style commercial property in downtown Peotone! Affordably operate your business on one side while collecting rent from the other! Perfect for a small cafe, bakery, office space, hobby/craft store, gourmet grocery, butcher, etc. Plenty of parking right out front and additional parking behind the stores. Building is in excellent condition! Previously occupied by a salon with a gift shop but could easily be two units or perhaps even two stores and living quarters! TIF district and Business Development District. Roof, Electrical, and HVAC approximately 10 years. Don't miss the opportunity to own part of the beautiful Peotone business district, a major re-development coming soon!
  1. Listed by Bud Caruso • Coldwell Banker Realty

Property Details for 120 North 2nd Street

Area
Peotone
Township
Peotone
Zoning
OTHER

Location

Listing Courtesy of Coldwell Banker Realty
Add your commute
LISTING UPDATED: 02/10/2024 08:49 AM

Property Details for 120 North 2nd Street

StatusPending
MLS #11723649
Days on Market420
Taxes$4,080 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale
Year Built1890
Lot Size0.12 AC / 5,200 SF
CountyWill County

Location

Listing Courtesy of Coldwell Banker Realty
Add your commute

Building Information for 120 North 2nd Street

Stories-Residences-Year Built1890Lot Size0.12 AC / 5,200 SF

Payment Calculator

$1,350 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,010

Property Taxes

$340

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 120 North 2nd Street

General Information
Location and General Information
  • Geographic Locale: Out of Area
  • Information: No Sign on Property
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: Central Air
  • Electric: Circuit Breakers
  • Heat/Ventilation: Forced Air,Gas
  • Num of Baths: 0.0
Exterior Features
  • # Of Apts: 0
Property/Lot Information
  • Tenant Pays: Air Conditioning, Electricity, Heat, Sewer
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Lot Dimensions: 40X130
  • Lot Size Square Feet: 5200.0
  • Stories: 2
  • Exterior Building Type: Vinyl Siding
  • Construction: Wood Frame
  • Fire Protection: Other
  • Building Area Total: 2400
  • # Of Offices: 0
  • # Of Stores: 0
  • Property Sub Type: Mixed Use
Property and Assessments
  • Public Document Count: 0
  • Photos Count: 10
Miscellaneous
  • Location: Central Business District,In City Limits
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 0
Income & Expenses
  • Electric Expense: $.00
  • Fuel Expense: $.00
  • Gross Income: $12,000.00
  • Gross Scheduled Income: $12,000.00
  • Insurance Expense: $.00
  • Total Monthly Income: 1000
  • Other Expense: $.00
  • Trash Expense: $.00
  • Water Sewer Expense: $.00

Property History for 120 North 2nd Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 120 North 2nd Street

Taxable ValueLand$16,821Additions$42,000Total$58,821
Tax Record2022$3,922 ($327 / month)
Home Facts
Lot Size5,227 SqFtStyleMiscellaneous CommercialCountyWILLAPN17-20-24-218-016

Schools near 120 North 2nd Street

This home is within Peotone Community Unit School District 207u.
Rating
School
Type
Grades
Distance
Public - K to 3
Public - 4 to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Peotone Elementary School
PublicK to 3

Peotone Intermediate Center
Public4 to 5

Peotone Jr High School
Public6 to 8

Peotone 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.

Similar Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coldwell Banker Realty

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. Based on information submitted to the MLS GRID as of 02/10/2024 08:49 AM. 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.