211 West Walnut Street

Watseka, IL 60970

$250,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Fantastic investment opportunity located in the heart of Watseka. This property offers a prime location in the center of town and presents a unique combination of commercial and residential spaces, making it a versatile investment with tremendous potential. Situated in the heart of Watseka. Commercial Space: The ground floor of this property was previously a thriving bar. With ample space and a well-established history. Upstairs, you'll find two residential rental units, These units present an additional...Fantastic investment opportunity located in the heart of Watseka. This property offers a prime location in the center of town and presents a unique combination of commercial and residential spaces, making it a versatile investment with tremendous potential. Situated in the heart of Watseka. Commercial Space: The ground floor of this property was previously a thriving bar. With ample space and a well-established history. Upstairs, you'll find two residential rental units, These units present an additional income opportunity for the savvy investor, allowing you to maximize your return.
  1. Listed by Andrew Pecchenino • McColly Bennett Real Estate

Property Details for 211 West Walnut Street

Area
Watseka
Num Of Parking Spaces
2.0
Zoning
COMMR

Location

Listing Courtesy of McColly Bennett Real Estate
Add your commute
LISTING UPDATED: 09/25/2023 12:06 AM

Property Details for 211 West Walnut Street

StatusActive
MLS #11887483
Days on Market428
Taxes$2,240 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale
Year Built1915
Lot Size0.08 AC / 3,352 SF
CountyIroquois County

Location

Listing Courtesy of McColly Bennett Real Estate
Add your commute

Building Information for 211 West Walnut Street

Stories-Residences3Year Built1915Lot Size0.08 AC / 3,352 SF

Payment Calculator

$1,551 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,364

Property Taxes

$187

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 211 West Walnut Street

General Information
Addtl Parking Information
  • Outdoor Parking: Parking-Street
Location and General Information
  • Geographic Locale: Central Illinois
  • Information: 24-Hr Notice Required
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: None
  • Electric: Other
  • Heat/Ventilation: Other
  • 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: 2800
  • Lot Size Square Feet: 3352.0
  • Stories: 2
  • Fire Protection: Other
  • # Of Offices: 0
  • # Of Stores: 0
  • Property Sub Type: Mixed Use
Property and Assessments
  • Public Document Count: 0
  • Photos Count: 1
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: $.00
  • Fuel Expense: $.00
  • Gross Income: $1,200.00
  • Gross Scheduled Income: $120,000.00
  • Insurance Expense: $.00
  • Electric Expense Source: Broker Projection
  • Fuel Expense Source: Broker Projection
  • Insurance Expense Source: Broker Projection
  • Other Expense Source: Broker Projection
  • Trash Expense Source: Broker Projection
  • Total Monthly Income: 10000
  • Water Expense Source: Broker Projection
  • Other Expense: $.00
  • Trash Expense: $.00
  • Water Sewer Expense: $.00

Property History for 211 West Walnut 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 211 West Walnut Street

Taxable ValueLand$5,247Additions$15,951Total$21,198
Tax Record2022$2,240 ($187 / month)
Home Facts
StyleOffice BuildingCountyIROQUOISAPN19 32 452 008

Schools near 211 West Walnut Street

This home is within Iroquois County Community Unit School District 9.
Rating
School
Type
Grades
Distance
Public - PK to 1
Public - PK to 12
Public - 2 to 4
Public - 5 to 8
Rating
School
Distance
Nettie Davis Elementary School
PublicPK to 1

Watseka Community High School
PublicPK to 12

Wanda Kendall Elementary School
Public2 to 4

Glenn Raymond Middle School
Public5 to 8

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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211 West Walnut Street is a mixed use property for sale in Watseka, IL 60970. This property was listed for sale on September 17, 2023 by McColly Bennett Real Estate, it's currently listed at $250,000. It has been on the market for a total of 428 days and was last sold on April 12, 2019. This listing's school district is Iroquois County Community Unit School District 9. Nearby schools include Nettie Davis Elementary School, Watseka Community High School and Wanda Kendall Elementary School. 211 West Walnut Street is a 0-bed, 0-bath, mixed use property built in 1915.

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 McColly Bennett Real Estate

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.