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1036 Broadway Hamilton, IL 62341 Commercial - Investment

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Description

Commercial Building with Flexible Layout, Recent Updates, and Rental Potential. This commercial building offers 1,440 sq ft on the main level with separate space for storage and two half baths, making it suitable for a retail shop, office, cafe, or small business. The layout also provides potential for rental income by leasing out one or more of the divided spaces. This building also includes a full basement that is clean, dry, and useful for storage. Several important updates have already been completed, including: New Roof (June 2025), New Furnace and Ductwork (Dec 2024), and New Lighting throughout (Sept 2024). With its solid structure and recent mechanical improvements, this building provides a workable foundation for someone ready to put in some effort to make the space their own.

Property Highlights

Property Type: Commercial - Investment
Year Built: 1890

General Information

County: Hancock
Listed By:
Weichert Realtors-The Massimo Group 319-524-9510
No Coast MLS
$89,900
Est. $639/mo
Active
SQUARE FEET1,440 MLS#6333970
STATUS PROPERTY TYPECommercial - Investment

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Ruhl&Ruhl Realtors
563.441.1776

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1036 Broadway, Hamilton, IL 62341.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $89,900$89,900$89,900
Down Payment $17,980$3,147$22,475
Monthly Mortgage Amount $414$508$538
Taxes $125$125$125
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$40$0
Monthly Estimated Total $639$773$763

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