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304 Chapin Street Ivesdale, IL 61851 Commercial - Investment Active

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Description

Opportunity knocks with this established butcher shop located at 302 S. Chapin St. in Ivesdale! This well-known business features a long-standing reputation in the community and operates as a Class II State Licensed Plant, ready for its next chapter. Recent upgrades to the refrigeration system provide improved efficiency and reliability, supporting continued high-quality operations. This is an excellent opportunity for an owner-operator looking to step into a successful, turn-key business or for an existing operation seeking expansion. The property also includes a residence currently used to house employees. Do not miss your chance to own this well-maintained facility with deep community roots and an outstanding reputation.

Property Highlights

Property Type: Commercial - Investment
Building Description: 1.0 stories

General Information

County: Champaign
Listed By:
The Real Estate Group,Inc 217-607-2634
MRED MLS
$499,900
Est. $3,176/mo
Active
SQUARE FEET7,155 MLS#12200106
STATUSActive PROPERTY TYPECommercial - Investment

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304 Chapin Street, Ivesdale, IL 61851.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $499,900$499,900$499,900
Down Payment $99,980$17,497$124,975
Monthly Mortgage Amount $2,334$2,864$2,989
Taxes $696$696$696
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$220$0
Monthly Estimated Total $3,176$3,926$3,831

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