102 E Park St
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102 E Park St
8,000 SF Retail Building Taylorville, IL 62568 $950,000 ($119/SF)
Investment Highlights
- Completely renovated in 2022
- New HVAC
- New roof
Executive Summary
Prime Commercial Property
102 E. Park St., Taylorville, IL 62568
Online Only Auction Ending on November 19, 2024
https://www.kaufman-auctions.com/auctions/3566-commercial-building-with-restaurant-equipment-and-adjacent-parking-lot
Discover an exceptional opportunity to own a versatile commercial property located in the heart of Taylorville, Illinois. This prime commercial building offers a generous 8,000 sq. ft. of space situated on a 14,000 sq. ft. fully paved asphalt lot.
Highlights of the Property:
Fully Equipped Restaurant Setup: Currently configured for restaurant use, this building comes with a complete kitchen setup ready for immediate operation. Additionally, it features all the necessary hook-ups to establish a second kitchen, providing limitless potential for culinary ventures.
Versatile Space: The property is not limited to restaurant use; it is ideal for various applications including a reception hall, retail space, office headquarters, or any commercial endeavor you envision!
Adjacent Lot Availability: An additional adjacent 14,000 sq. ft. lot is also available for purchase, presenting even more possibilities for expansion or development.
Recent Upgrades: Significant renovations have been made in the past two years, including new HVAC systems, a new roof, updated interior ceilings, modern lighting, renovated bathrooms, fresh paint, and new flooring. These improvements not only enhance the aesthetic appeal but also contribute to the operational efficiency of the building.
102 E. Park St., Taylorville, IL 62568
Online Only Auction Ending on November 19, 2024
https://www.kaufman-auctions.com/auctions/3566-commercial-building-with-restaurant-equipment-and-adjacent-parking-lot
Discover an exceptional opportunity to own a versatile commercial property located in the heart of Taylorville, Illinois. This prime commercial building offers a generous 8,000 sq. ft. of space situated on a 14,000 sq. ft. fully paved asphalt lot.
Highlights of the Property:
Fully Equipped Restaurant Setup: Currently configured for restaurant use, this building comes with a complete kitchen setup ready for immediate operation. Additionally, it features all the necessary hook-ups to establish a second kitchen, providing limitless potential for culinary ventures.
Versatile Space: The property is not limited to restaurant use; it is ideal for various applications including a reception hall, retail space, office headquarters, or any commercial endeavor you envision!
Adjacent Lot Availability: An additional adjacent 14,000 sq. ft. lot is also available for purchase, presenting even more possibilities for expansion or development.
Recent Upgrades: Significant renovations have been made in the past two years, including new HVAC systems, a new roof, updated interior ceilings, modern lighting, renovated bathrooms, fresh paint, and new flooring. These improvements not only enhance the aesthetic appeal but also contribute to the operational efficiency of the building.
Taxes & Operating Expenses (Actual - 2023) |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
$8,642
|
$1.08
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$8,642
|
$1.08
|
Taxes & Operating Expenses (Actual - 2023)
| Taxes | |
|---|---|
| Annual | $8,642 |
| Annual Per SF | $1.08 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $8,642 |
| Annual Per SF | $1.08 |
Property Facts
Sale Type
Owner User
Property Type
Building Size
8,000 SF
Building Class
B
Year Built/Renovated
2005/2022
Price
$950,000
Price Per SF
$119
Tenancy
Single
Building Height
1 Story
Building FAR
0.38
Land Acres
0.49 AC
Zoning
commercial - Commercial Close to Downtown
Parking
90 Spaces (11.25 Spaces per 1,000 SF Leased)
Frontage
150 FT on Park
Amenities
- Restaurant
Walk Score ®
Very Walkable (73)
PROPERTY TAXES
| Parcel Number | 17-13-27-206-013-00 | Total Assessment | $105,268 |
| Land Assessment | $15,678 | Annual Taxes | $8,642 ($1.08/SF) |
| Improvements Assessment | $89,590 | Tax Year | 2023 Payable 2024 |
PROPERTY TAXES
Parcel Number
17-13-27-206-013-00
Land Assessment
$15,678
Improvements Assessment
$89,590
Total Assessment
$105,268
Annual Taxes
$8,642 ($1.08/SF)
Tax Year
2023 Payable 2024
-
Matthew Corso - Kaufman Realty & Auctions
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102 E Park St
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