Contact us: 563.441.1776
Description
Historic former Winchester Hotel on the square. Ready for rehabilitation to former glory, and better! Considerable funds available thru the TIF district for this project, and possibly other City perks as well. Conversion was going to be a boutique hotel with 9 rooms, a restaurant, gaming, gift shop, a separate bar area with stage, and a large outdoor patio for events & lounging. (see attachment plans) Could be a magnificent and profitable endeavor!
Property Highlights
Property Type: Commercial - Office
Building Description: 2.0 stories
Available Sqft: 11980
General Information
County: Scott
Listed By:
Garrison Group Keller Williams
RMLSA
MLS ID: CA1038699
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104 S Hill Street, Winchester, IL 62694.
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563-441-1862
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $159,000 | $159,000 | $159,000 |
| Down Payment | $31,800 | $5,565 | $39,750 |
| Monthly Mortgage Amount | $742 | $936 | $966 |
| Taxes | $221 | $221 | $221 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $70 | $0 |
| Monthly Estimated Total | $1,063 | $1,327 | $1,287 |
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Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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