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10074 IL-111

2,480 SF Retail Building Medora, IL 62063 $725,000 ($292/SF)

Investment Highlights

  • SMALL TOWN OWNER RETIRING NOW, RUNNING SINCE 1986, PAYROL is over $100'000 a year, he runs mechanic shop as other entity at same property
  • New owner as operators can save $100'000 payroll plus increase 30% business.
  • Gaming income is over $50'000/year owners share and BAR sales extra

Data Room Click Here to Access

Financial Summary (Actual - 2023) Click Here to Access

Annual Annual Per SF
Gross Rental Income - -
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2023) Click Here to Access

Gross Rental Income
Annual -
Annual Per SF -
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Truck Stop
Building Size
2,480 SF
Year Built
1986
Price
$725,000
Price Per SF
$292
Tenancy
Single
Building Height
1 Story
Building FAR
0.03
Land Acres
2.00 AC

Amenities

  • Signage
  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
22-000-244-00
Land Assessment
$55,806
Improvements Assessment
$0
Total Assessment
$55,806
Annual Taxes
($1) ($0.00/SF)
Tax Year
2023
  • Listing ID: 33743470

  • Date on Market: 11/4/2024

  • Last Updated:

  • Address: 10074 IL-111, Medora, IL 62063

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