Shelly Phares
- Buy
- Sell
https://www.ruhlmortgage.com/LawrenceDavis.html
Description
Investment opportunity with room to add value. This approximately 8-acre property consists of four separate parcels, offering a combination of existing improvements and future development potential. One parcel includes a mobile home (currently rented), two parcels are vacant, and the fourth is improved with self-storage units, a shop, and office space. Whether you're looking to expand your business, generate rental income, or explore future development opportunities, this property offers a variety of possibilities. The property is being sold in its current condition and will require repairs and updates, but the value lies in the acreage, multiple tax parcels, and existing improvements already in place. Opportunities like this are increasingly difficult to find, giving the next owner the flexibility to improve, redevelop, or simply put the property to work.
Property Highlights
Property Type: Commercial - Business
Building Description: 1.0 stories
Year Built: 1970
Lot Size: 8.10 acres
General Information
County: LaSalle
Listed By:
RE/MAX 1st Choice
815-434-3337
MRED MLS
MLS ID: 12725327
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4205 E 2551st Road, Sheridan, IL 60551.
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $249,900 | $249,900 | $249,900 |
| Down Payment | $49,980 | $8,747 | $62,475 |
| Monthly Mortgage Amount | $1,330 | $1,632 | $1,620 |
| Taxes | $348 | $348 | $348 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $110 | $0 |
| Monthly Estimated Total | $1,778 | $2,190 | $2,068 |
Shelly Phares
REALTOR®
Cell: (309) 269-2669
Licensed in IL & IA
Moline Office
1701 52nd Avenue
Moline, IL 61265
(309) 743-8000
Moline, IL 61265
(309) 743-8000
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