102 N Main St
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102 N Main St
6,540 SF Retail Building Albany, IL 61230 $180,000 ($28/SF)
Executive Summary
Fully functional restaurant space with kitchen equipment/dining furniture
Income producing 3 bedroom, 2 bathroom apartment
5 minutes from Cordova Dragway
New metal roof on main building
Detached two car garage with rooftop deck
Possible different use all together
Potential redevelopment
15 minutes from Wild Rose Casino and Hotel
15 minutes from Quad Cities
Income producing 3 bedroom, 2 bathroom apartment
5 minutes from Cordova Dragway
New metal roof on main building
Detached two car garage with rooftop deck
Possible different use all together
Potential redevelopment
15 minutes from Wild Rose Casino and Hotel
15 minutes from Quad Cities
Taxes & Operating Expenses (Actual - 2021) |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
$3,924
|
$0.60
|
| Operating Expenses |
$25,708,478
|
$3,930.96
|
| Total Expenses |
$25,712,402
|
$3,931.56
|
Taxes & Operating Expenses (Actual - 2021)
| Taxes | |
|---|---|
| Annual | $3,924 |
| Annual Per SF | $0.60 |
| Operating Expenses | |
|---|---|
| Annual | $25,708,478 |
| Annual Per SF | $3,930.96 |
| Total Expenses | |
|---|---|
| Annual | $25,712,402 |
| Annual Per SF | $3,931.56 |
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
6,540 SF
Building Class
C
Year Built
1871
Price
$180,000
Price Per SF
$28
Building Height
2 Stories
Building FAR
0.43
Land Acres
0.35 AC
Zoning
C - Commercial
Parking
14 Spaces (3.98 Spaces per 1,000 SF Leased)
Amenities
- Air Conditioning
- Balcony
PROPERTY TAXES
| Parcel Number | 624377001 | Total Assessment | $45,295 (2023) |
| Land Assessment | $4,083 (2023) | Annual Taxes | $3,924 ($0.60/SF) |
| Improvements Assessment | $41,212 (2023) | Tax Year | 2021 Payable 2022 |
PROPERTY TAXES
Parcel Number
624377001
Land Assessment
$4,083 (2023)
Improvements Assessment
$41,212 (2023)
Total Assessment
$45,295 (2023)
Annual Taxes
$3,924 ($0.60/SF)
Tax Year
2021 Payable 2022
-
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Property Services, Inc.
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102 N Main St
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