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1057-1059 1st Street La Salle, IL 61301 • Commercial - Retail • Active

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Description

Investment Opportunity! Ready for REDEVELOPMENT! Massive commercial 3 Story building located in Historic District of Downtown La Salle. Redevelopment Program (Facade Grant) being offered through City Of La Salle on buildings such as this. Building is gutted and waiting for your vision. First floor has the possibility for three large retail/restaurant store fronts. Second floor features a stage and large ballroom and room for possible future residential space. Partial third floor could be office or residential space well. Large basement with outside entrances. Off street parking spaces. Building has one electric meter hooked up for construction. Be a part of the revitalization of downtown LaSalle! Broker Owned.

Property Highlights

Property Type: Commercial - Retail
Building Description: 3.0 stories
Year Built: 1910

General Information

County: LaSalle
Listed By:
Malooley Dahm Realty 815-224-9400
MRED MLS
$35,000
Est. $335/mo
New to the Market Active
SQUARE FEET15,000 MLS#12782370
STATUSActive PROPERTY TYPECommercial - Retail
TOUR PROPERTY

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Shown By

Shelly Phares
 (309) 269-2669

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1057-1059 1st Street, La Salle, IL 61301.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $35,000$35,000$35,000
Down Payment $7,000$1,225$8,750
Monthly Mortgage Amount $186$229$227
Taxes $49$49$49
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$15$0
Monthly Estimated Total $335$393$376

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