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250 E Lincoln Highway Waterman, IL 60556 Commercial - Business New

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  • 250 E Lincoln Highway , Waterman, IL 60556 Main Photo

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Description

Unique property! This pole type building 56 X 40 was built in 2001. The building host two business there. The building has temporary walls so it could be reconfigured for whatever your needs are. The building has 2 bathrooms and is plumbed on one side with a floor drain. Furnace and a hanging heater, water heater, and central air. The east side in currently rented to a business. The west side will be vacant with the sale of the property. Now for the other part of this investment property is 8 mobile homes. 7 are owned by the owners of this property and one is privately owned. Starting on the west side of the building is Mobile #1- 2 bed 1 bath, #2- 3 bed 1 bath with an addition of a family room #3- 2 bed 1 bath # 4- 4 bed 1 bath addition is a family room #5- is privately owned #6- is a 2 bed 1 bath #7- 2 bed 1 bath #8- 2 bed 2 bath all have washers & dryers except #2. See rental amounts in Additional information. Great location on busy highway! Potential for your business with income from the rentals. Property being Sold AS IS

Property Highlights

Property Type: Commercial - Business
Building Description: 1.0 stories
Year Built: 2001
Lot Size: 1.14 acres

General Information

County: DeKalb
Listed By:
Century 21 Circle 815-756-1691
MRED MLS
$350,000
Est. $2,313/mo
New to the Market New
SQUARE FEET2,240 MLS#12701074
STATUSNew PROPERTY TYPECommercial - Business

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Ruhl&Ruhl Realtors
563.441.1776

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250 E Lincoln Highway , Waterman, IL 60556.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $350,000$350,000$350,000
Down Payment $70,000$12,250$87,500
Monthly Mortgage Amount $1,724$2,088$2,180
Taxes $487$487$487
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$154$0
Monthly Estimated Total $2,313$2,831$2,769

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