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126 S Main Street Gilman, IL 60938 Commercial - Investment Active

  • 126 S Main Street, Gilman, IL 60938 Main Photo

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Description

Great business opportunity! Own the real estate and run TWO established businesses - a gaming cafe and Antique Mall! Currently, 13 vendors are within the Antique Mall. Annual booth income approximately $15,330 plus an additional $6,000 in mall retail sale percentage fees. The gaming cafe has a steady income stream and has great potential to expand the menu for additional revenue! Fabulous recent improvements include new signage on both sides of the building! The building was extensively renovated in 2018...newer HVAC on main level, partial roof replacement, new insulation (some areas have spray foam insulation), new steel siding, tuckpointing, newer plumbing and electrical supplies, along with newer floor joists and subfloor throughout majority of the building. Call to schedule a property tour or inquire about additional business uses!

Property Highlights

Property Type: Commercial - Investment
Building Description: 3.0 stories

General Information

County: Iroquois
Listed By:
@properties Christie's International Real Estate 708-971-0060
MRED MLS
$159,500
Est. $1,067/mo
Active
SQUARE FEET5,200 MLS#12614533
STATUSActive PROPERTY TYPECommercial - Investment

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Ruhl&Ruhl Realtors
563.441.1776

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126 S Main Street, Gilman, IL 60938.

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Call or Click to get Pre-Approved! 563-441-1862 toll free 866-441-1862

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $159,500$159,500$159,500
Down Payment $31,900$5,583$39,875
Monthly Mortgage Amount $745$939$970
Taxes $222$222$222
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$70$0
Monthly Estimated Total $1,067$1,331$1,292

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