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1319 - 1321 Chicago Avenue Savanna, IL 61074 Commercial - Retail Active

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Description

7,128 sf of opportunity awaits! High visibility corner close to national quick serve restaurant. Two floors for business use and an income producing apartment. On the basement level, there is a business that pays $800/month rent. Space has two 8,000lbs. car hoists, 1 Industrial air compressor, 1 tire rotator and 1 tire mounting machine. On the main floor, lots of opportunity for you. Space has been used for retail, bar/tavern and other uses. Space is currently vacant. Parking lot is very visible and provides location to attract more customers. Upstairs, there is an apartment that pays $400/monthly rent.

Property Highlights

Property Type: Commercial - Retail

General Information

County: Carroll
Listed By:
Coldwell Banker Howes & Jefferies REALTORS 563-242-3265
MRED MLS
$160,000
Est. $1,060/mo
Active
SQUARE FEET7,128 MLS#QC4269816
STATUSActive PROPERTY TYPECommercial - Retail

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1319 - 1321 Chicago Avenue, Savanna, IL 61074.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $160,000$160,000$160,000
Down Payment $32,000$5,600$40,000
Monthly Mortgage Amount $737$917$957
Taxes $223$223$223
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$70$0
Monthly Estimated Total $1,060$1,310$1,280

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