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314 W Ash Street Chillicothe, IL 61523 • Commercial - Retail • Active

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Description

Well-maintained multi-tenant commercial building offering a total of 3,492 square feet with five separate units, providing flexibility for both investors and owner-occupants. Approximately 700 square feet is currently vacant, formerly a contractors office, has been updated with newer flooring, ceiling finishes, and cabinetry, conference area, and half bath?highlighting the propertys potential for upgraded interior spaces. The building also includes a garage space, adding additional utility and storage options, or a rental opportunity. Constructed as a metal building for durability and low maintenance, this property is built for long-term use. Sewer and water are currently combined into one bill and paid by the owner. All units are leased on a month-to-month basis, offering flexibility for future occupancy or rental adjustments. Strong income potential with value-add opportunities. Contact the listing agent for additional details.

Property Highlights

Property Type: Commercial - Retail
Building Description: 1.0 stories
Available Sqft: 700
Year Built: 1985

General Information

County: Peoria
Listed By:
RE/MAX Traders Unlimited Mobile: 309-657-0063
RMLSA
$155,000
Est. $1,040/mo
New to the Market Active
SQUARE FEET3,492 MLS#PA1265696
STATUSActive PROPERTY TYPECommercial - Retail
TOUR PROPERTY

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Shown By

Joe Lindsay
 (563) 650-0282

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314 W Ash Street, Chillicothe, IL 61523.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $155,000$155,000$155,000
Down Payment $31,000$5,425$38,750
Monthly Mortgage Amount $724$912$942
Taxes $216$216$216
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$68$0
Monthly Estimated Total $1,040$1,296$1,258

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