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306 W Main Street Kirkland, IL 60146 Commercial - Retail Active

  • 306 W Main Street, Kirkland, IL 60146 Main Photo

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Description

Situated along Main Street (State Route 72), this well-maintained commercial property offers excellent visibility and access, including drive-through lanes. The building features a durable steel-frame structure with an all-brick exterior, providing long-term structural integrity and minimal maintenance requirements. The property is currently leased to a gym at $3,300 per month, with the lease running through November 1, 2028. This is a true NNN-style investment, as the tenant is responsible for all maintenance and operating expenses-no landlord responsibilities. Additional highlights include a whole-building backup generator, half of the roof recently replaced, annual taxes of $$6,180.58, and insurance costs of $3,600. The seller is willing to offer seller financing, making this an attractive opportunity for investors seeking stable cash flow and flexible terms.

Property Highlights

Property Type: Commercial - Retail
Building Description: 1.0 stories
Year Built: 1965

General Information

County: DeKalb
Listed By:
REMAX Legends 630-216-8000
MRED MLS
$335,000
Est. $2,130/mo
Active
SQUARE FEET4,032 MLS#12557144
STATUSActive PROPERTY TYPECommercial - Retail

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Ruhl&Ruhl Realtors
563.441.1776

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306 W Main Street, Kirkland, IL 60146.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $335,000$335,000$335,000
Down Payment $67,000$11,725$83,750
Monthly Mortgage Amount $1,564$1,920$2,036
Taxes $466$466$466
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$147$0
Monthly Estimated Total $2,130$2,633$2,602

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