IL > Delavan
Delavan, IL 61734,412 & 414 S LOCUST ST
Delavan, IL 61734,412 & 414 S LOCUST ST
Delavan, IL 61734,412 & 414 S LOCUST ST
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Shelley Berendt

Shelley Berendt

+1(217) 741-7227
Listed by Justin Ball • RE/MAX Traders Unlimited
$279,900
Est. payment /mo
7,000 SqFt
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UPDATED:

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Pending

Purchase Type For Sale

Square Footage 7,000 sqft

Price per Sqft $39

MLS Listing ID PA1261454

Year Built 1891

Annual Tax Amount $2,557

Tax Year 2024

Lot Size 6,969 Sqft

Acres 0.16

Property Sub-Type Commercial

Source rmlsa

Property Description

Excellent opportunity to own a historic building on the square downtown in Delavan. This investment property consists of two retail spaces and one apartment on the main level, and 3 apartments on the upper level of the building. New carports were put in to provide spaces for each unit. All four apartments are currently leased and both retail spaces are currently leased. There is one space still available that the current owners are using for storage that could be added to either retail unit. The building has been well cared for, updated and includes a common laundry room. Current rents are $3,450 per month. Recent improvements include new downspouts/gutters, front foundation and facade (2020), roof was repaired and resealed in 2024, and many windows have been replaced.

Location

State IL

County Tazewell

Area Paar Area

Zoning Business

Direction On the Sqaure in Delavan

Interior

Heating Forced Air, Natural Gas

Cooling Central Air, Wall/Window Unit(s)

Flooring Carpet, Concrete, Tile

Fireplace N

Exterior

View true

Roof Type Flat,Sloped

Garage 1

Building

Faces On the Sqaure in Delavan

Sewer Public Sewer

Water Municipal/City

Structure Type Brick,Frame

Others

Tax ID 21-21-10-125-017

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Shelley Berendt

Shelley Berendt

Broker | License ID: 475.127277

+1(217) 741-7227

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412 & 414 S LOCUST ST

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