IL > Carmi
Carmi, IL 62821,700 S 3RD ST
Carmi, IL 62821,700 S 3RD ST
Carmi, IL 62821,700 S 3RD ST
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Shelley Berendt

Shelley Berendt

+1(217) 741-7227
Listed by Megan Campbell • House 2 Home Realty Carterville
$450,000
Est. payment /mo
10,313 SqFt
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UPDATED:

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 10,313 sqft

Price per Sqft $43

MLS Listing ID 1376872

Originating Board rmlsa

Year Built 1929

Annual Tax Amount $3,414

Tax Year 2023

Property Sub-Type Commercial

Property Description

Investment Opportunity! What was once a beautiful church with its detailed finishes and stunning wooden beams and casings has been partially rehabbed with plans for 14 apartment units. Currently, income is received from two finished units totaling $1440/mo. Two more units are nearly ready to rent with just a few punch list items remaining while the ten other units are in various stages of the remodeling process. Estimated rehab cost is $150,000.00. Estimated after rehab value is $750,000. Potential income from all 14 units is estimated at approximately $10,000 - $12,000/month. Professional pictures coming soon.

Location

State IL

County White

Area Qcara Area

Zoning commercial

Direction From Hwy 1 turn north onto 5th St. Go 0.6 miles turn right onto W. Sycamore St. for 0.2 miles arrive at 700 S 3rd St.

Interior

Heating Electric, Gas

Cooling Central Air, Individual Control, Wall/Window Unit(s)

Flooring Carpet, Concrete, Tile/Vinyl

Fireplace N

Exterior

View true

Roof Type Composition Shingle,Other

Total Parking Spaces 38

Garage 1

Building

Faces From Hwy 1 turn north onto 5th St. Go 0.6 miles turn right onto W. Sycamore St. for 0.2 miles arrive at 700 S 3rd St.

Sewer Public Sewer

Water Municipal/City

Structure Type Brick,Frame

Others

Tax ID 1313131008

Security Features No

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agent

Shelley Berendt

Broker | License ID: 475.127277

+1(217) 741-7227

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700 S 3RD ST

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