522 N MAIN ST, Hanna City, IL 61536
522 N MAIN ST, Hanna City, IL 61536
522 N MAIN ST, Hanna City, IL 61536
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Shelley Berendt

Shelley Berendt

+1(217) 741-7227
Listed by Justin Ball • RE/MAX Traders Unlimited
$720,000
Est. payment /mo
5,586 SqFt
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UPDATED:

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 5,586 sqft

Price per Sqft $128

MLS Listing ID PA1263750

Year Built 1967

Annual Tax Amount $9,162

Tax Year 2024

Lot Size 0.370 Acres

Acres 0.37

Property Sub-Type Commercial

Source rmlsa

Property Description

This 12 unit apartment building is located in Hanna City, about 10 miles west of Peoria near the Peoria International Airport, has had the units completely renovated or updated and is ready for a new owner to maximize the investment, rents and returns. Odd number units are 1 Bedroom/1 Bathroom, and even numbered units are 2 Bedroom/1 Bathroom. Recent updates other than renovating units include - boiler hot water lines and parts - 2024/2025, new main water line installed from street to building 2023, new sewer clean out 2023, new water heater - 2024. Currently there is one vacant unit (#2), and once rented total monthly rents will be at least $8545. Building is in the Village TIF District and Business Development District (BDD) that provide incentives for improvements (see Village of Hanna City website for details).

Location

State IL

County Peoria

Area Paar Area

Zoning R-2

Direction Turn N on Main from Rte 116/Farmington Road

Interior

Heating Hot Water, Other

Cooling Multi Units

Flooring Carpet, Tile

Fireplace N

Exterior

View true

Roof Type Metal,Sloped

Garage 1

Building

Faces Turn N on Main from Rte 116/Farmington Road

Sewer Public Sewer

Structure Type Aluminum Siding,Brick,Block,Frame

Others

Tax ID 16-11-101-003

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Shelley Berendt

Shelley Berendt

Broker | License ID: 475.127277

+1(217) 741-7227

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522 N MAIN ST

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