212 W Lincoln Hwy
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212 W Lincoln Hwy
2,500 SF Retail Building Waterman, IL 60556 $129,900 ($52/SF)
Investment Highlights
- Can be purchased with 208 W Lincoln Highway
- Central Air in Dining Room
- Set up as two separate units that can be rejoined
Executive Summary
This versatile commercial building is currently used as a laundromat with 10 washing machines plus two heavy duty washers and 7 dryers. The back part of the building is connected to the building next door at 208 W Lincoln Highway. This area features barnwood paneling and has historically been used as a dining room/event space. Continue with the current use or repurpose the building for a variety of uses including retail, office an event space or other creative ideas. There is one bathroom in front and two in the back. The back part of the building features central air conditioning. The building and all laundry equipment is sold as is. Also available for sale with the building next door at 208 W Lincoln Highway. Both buildings combined offer a unique opportunity to create an awesome bar/music event space.
Taxes & Operating Expenses (Actual - 2021) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
Taxes & Operating Expenses (Actual - 2021) Click Here to Access
| 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 |
Property Facts
Sale Type
Owner User
Property Type
Building Size
2,500 SF
Building Class
B
Year Built
1900
Price
$129,900
Price Per SF
$52
Tenancy
Single
Building Height
1 Story
Building FAR
0.57
Lot Size
0.10 AC
Frontage
27 FT on Lincoln Hwy
PROPERTY TAXES
| Parcel Number | 14-16-282-015 | Total Assessment | $30,257 (2023) |
| Land Assessment | $6,038 (2023) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $24,219 (2023) | Tax Year | 2021 Payable 2022 |
PROPERTY TAXES
Parcel Number
14-16-282-015
Land Assessment
$6,038 (2023)
Improvements Assessment
$24,219 (2023)
Total Assessment
$30,257 (2023)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2021 Payable 2022
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212 W Lincoln Hwy
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