Jeff Dellitt
- Buy
- Sell
https://www.ruhlmortgage.com/ChrisSchneider.html
Description
Recently renovated and remodeled office building turned salon suites featuring a freshly painted exterior/interior, updated windows, and new flooring throughout. The property also includes a fully updated restroom. Estimating that HVAC and LED lighting were updated in 2022/2023. The building consists of eight individual salon suites, with six currently leased at 300 per month. The current owner occupies three of the suites and intends for the business operations to continue as-is, with existing leases remaining in place. This property offers a solid investment opportunity with room for future growth through rent increases or additional leasing potential. Please note: Property taxes have not yet been reassessed, as the former owner was a nonprofit. Prospective buyers should factor a potential tax adjustment into their cash flow analysis.
Property Highlights
Property Type: Commercial - Office
Building Description: 1.0 stories
General Information
County: Henry
Listed By:
Hawkeye Commercial Real Estate
563-344-4295
MRED MLS
MLS ID: 100000023
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1001 Division Street, Orion, IL 61273.
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563-441-1862
toll free 866-441-1862
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $205,000 | $205,000 | $205,000 |
| Down Payment | $41,000 | $7,175 | $51,250 |
| Monthly Mortgage Amount | $957 | $1,175 | $1,226 |
| Taxes | $285 | $285 | $285 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $90 | $0 |
| Monthly Estimated Total | $1,342 | $1,650 | $1,611 |
About this area
About Orion
Orion, IL is a welcoming village in Henry County that embodies the charm and comfort of small-town Midwestern living. Set amid gently rolling farmland, Orion provides a peaceful environment while still offering convenient access to the Quad Cities for employment, entertainment, and shopping. The community is known for its friendly atmosphere, well-kept neighborhoods, and strong local traditions. Its compact layout makes it easy for residents to enjoy parks, local shops, and community events that bring everyone together throughout the year.
Real estate in Orion reflects the area’s emphasis on comfort, value, and a relaxed lifestyle. Homebuyers will find a variety of single-family homes, ranging from classic older residences with character to more modern ranch and two-story properties. Many homes sit on generous lots with mature trees, outdoor living space, and quiet streets ideal for families or those seeking a slower pace. The village also features newer subdivisions that appeal to buyers looking for updated layouts, attached garages, and contemporary finishes.
For those dreaming of more space or a country setting, the rural areas surrounding Orion offer acreages, farmhouses, and properties with wide-open views while still being only a few minutes from town amenities. Affordability is one of Orion’s strengths, making it an attractive option for first-time homebuyers, growing households, and retirees who want a peaceful environment without high housing costs.
With its strong sense of community, appealing mix of homes, and close proximity to larger urban centers, this community provides a balanced lifestyle that blends small-town charm with everyday convenience. If you are ready to start your property buying or selling journey, browse the newest homes for sale in Orion, IL. You can also contact us—we are here to help!
Nearest Ruhl & Ruhl Office: Moline
1701 52nd Avenue
Moline, IL 61265
(563) 441-1776
Jeff Dellitt
REALTOR®
Office: (563) 441-5013
Cell: (563) 343-1028
Licensed in IA & IL
Bettendorf Office
1228 Middle Road
Bettendorf, IA 52722
(563) 441-5000
Bettendorf, IA 52722
(563) 441-5000
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