216-217 S Center St
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216-217 S Center St
1,500 SF Retail Building Forrest, IL 61741 $225,000 ($150/SF)
INVESTMENT HIGHLIGHTS
- Heavy Traffic Pattern
- Natural Light
EXECUTIVE SUMMARY
Beautiful Commercial Building currently built out as a Sandwich Shop.? Ideal for Gaming, Deli, Country Store or Specialty Shop.? Could easily be converted to offices.? Free standing Building with a Drive up Window.? Located along the Route 47 Corridor One Block off Route 24.?
Free standing Building
Drive up Window.?
Walk in Cooler and Freezer
Grease Trap
Signage Available.?
(Agent Interest)
Free standing Building
Drive up Window.?
Walk in Cooler and Freezer
Grease Trap
Signage Available.?
(Agent Interest)
TAXES & OPERATING EXPENSES (ACTUAL - 2022) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
$8,100
|
$5.40
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$8,100
|
$5.40
|
TAXES & OPERATING EXPENSES (ACTUAL - 2022)
| Taxes | |
|---|---|
| Annual | $8,100 |
| Annual Per SF | $5.40 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $8,100 |
| Annual Per SF | $5.40 |
PROPERTY FACTS Under Contract
Sale Type
Owner User
Sale Condition
Lease Option
Property Type
Retail
Property Subtype
Building Size
1,500 SF
Year Built
2012
Price
$225,000
Price Per SF
$150
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
0.61 AC
Zoning
Commercial - Commercial
Parking
12 Spaces (8 Spaces per 1,000 SF Leased)
Frontage
172 FT on Route 47 (Center St.)
AMENITIES
- Restaurant
- Drive Thru
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 26-26-04-478-034 | Total Assessment | $72,724 (2023) |
| Land Assessment | $5,783 (2023) | Annual Taxes | $8,100 ($5.40/SF) |
| Improvements Assessment | $66,941 (2023) | Tax Year | 2022 Payable 2023 |
PROPERTY TAXES
Parcel Number
26-26-04-478-034
Land Assessment
$5,783 (2023)
Improvements Assessment
$66,941 (2023)
Total Assessment
$72,724 (2023)
Annual Taxes
$8,100 ($5.40/SF)
Tax Year
2022 Payable 2023
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216-217 S Center St
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