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165 S Main Street Burlington, IL 60109 Commercial - Business Contingent

  • 165 S Main Street, Burlington, IL 60109 Main Photo

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Description

Great investment opportunity in downtown Burlington! This listing includes three parcels. 175 S Main has an office space in front and a two-bedroom one bath apartment in back. 195 S Main is the old gun shop, and it currently rented and has a new roof installed last week. Between the two sits a vacant lot that's presently used for parking but is available to build on. These properties are being conveyed as is. Tax records indicate the address is 165 S Main, but the building is marked 175. Taxes listed are for all three Parcels.

Property Highlights

Property Type: Commercial - Business
Building Description: 2.0 stories
Year Built: 1950

General Information

County: Kane
Listed By:
Baird & Warner Fox Valley - Geneva 630-377-1855
MRED MLS
$300,000
Est. $1,919/mo
Contingent
MLS#12512250
STATUSContingent PROPERTY TYPECommercial - Business

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165 S Main Street, Burlington, IL 60109.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $300,000$300,000$300,000
Down Payment $60,000$10,500$75,000
Monthly Mortgage Amount $1,401$1,719$1,794
Taxes $418$418$418
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$132$0
Monthly Estimated Total $1,919$2,369$2,312

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About this area

Iowa/Burlington
Burlington

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About Burlington

Burlington, IA is situated near the Mississippi River in Des Moines County and is home to one of the world’s most crooked alleys—Snake Alley. The city is surrounded by a myriad of outdoor recreation, family activities, and dining experiences. It sits in the middle of a metropolitan region with the surrounding areas being West Burlington, Middle Town, and Gulf Port.

Burlington is a rapidly growing city in many different areas. The downtown area is full of shops and places to eat as well as historical homes lining the downtown streets. The city is also home to the famous NFL quarterback Kurt Warner who won two NFL MVP awards. On summer nights you will hear your city’s pride for their semi-pro baseball team—the Burlington Bees—straight from your home’s backyard. Burlington is also home to Iowa’s oldest newspaper, The Hawk Eye. Lastly, the first backhoes rolled off the assembly line at the Burlington Backhoe plant in 1967, which is now the only plant in the United States that produces the Case Loader/Backhoe, giving Burlington the nickname Backhoe Capital of the World.

Homes for sale in Burlington range from riverfront views to new construction neighborhoods. The community is served by the Burlington Community School District, which features many K-12 schools.

If you are ready to start your real estate buying or selling journey, browse the newest homes for sale in Burlington, IA. You can also contact us—we are here to help!

Nearest Ruhl & Ruhl Office: Burlington
403 South Gear Avenue
Suite 105
West Burlington, IA 52655
(563) 441-1776

About this community

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