216 N Second Street, Peotone, IL
$ 250,000
Property Attributes
  • MLS#11761987
  • TypeCommercial
  • CountyWILL
  • CityPeotone
  • AreaPeotone
  • Zip60468
  • Style
  • Year Built1953
  • Taxes$ 3255
  • Price$ 250,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage1700
  • Lot Size7,321 SqFt
Data Source:
Midwest Real Estate Data (MRED)
Property Description

BEAUTIFULLY APPOINTED, FULLY EQUIPPED SALON IN DOWNTOWN PEOTONE FOR SALE (with second building at 214) OR LEASE (216 only) ~ 2 BUILDINGS (216 & 214 N SECOND ST) ON ONE PIN: purchase together and operate your business while collecting rent from your tenant, or lease the salon at 216 by itself ~ The SALON at 216 is approx 1,100 SF and features 3 stylist chairs, 2 pedicure chairs, a manicure desk, 2 hair washing stations, an aesthetician table, reception area, kitchenette (cocktail/snack station) w/refrigerator, bathroom, and laundry room w/washer & dryer ~ SALON WAS RECENTLY GUT-REHABBED including METAL ROOF, SIDING, HVAC, PLUMBING, ELECTRICAL, EQUIPMENT & FIXTURES, flooring, lighting, walls, doors, cabinetry, built-ins ~ Successful salon was operated on premises until April 2023, Peotone has clientele to easily support the business (other salons have been lost recently to retirements) ~ The approx 600 SF building at 214 is occupied by longtime tenant operating a massage business ~ HIGHLY VISIBLE CORNER LOCATION on the north end of Peotone's business district with plenty of public parking = all the convenience without the worry of parking lot maintenance ~ Zoned B-1 and in a TIF district (info on both included under 'Additional Info') ~ LEASING REQUIREMENTS include credit & background check, 2 month security deposit, owner to maintain equipment, tenant to pay all utilities, tenant to carry general liability insurance ~ GORGEOUS, MODERN, & RELAXING ATMOSPHERE, THIS TURNKEY BUSINESS IS AN INCREDIBLE OPPORTUNITY!

Price History
4/18/2023 Listed $250,000

General Features

Additional Parcels Y/N No
City Peotone
Cooling Central Air
County Will
Directions Governors Hwy/Route 50 to Crawford, W to Second St, property on SW corner of Crawford & Second St
Electric Circuit Breakers
Leasable Area 1100
Lease Type Gross
Lot Size Square Feet 7321
MLS Area Peotone
Net Operating Income 8744
Possession Closing, Tenant's Rights
Property SubType Free Standing Store
Property Type Commercial Sale
Property Type Retail/Stores
Roof Metal
Standard Status Active
Status Active
Stories 1
Street Name Second
Tax Annual Amount 3255.92
Tax Year 2021
Tenant Pays Insurance, Scavenger, Sewer
Total Actual Rent 2200
Total Units 2
Township Peotone
Year Built 1953
Zoning RTAIL

Interior Features

Flooring Vinyl
Street Suffix Street

Exterior Features

Days on Market 39
Building Area Total 1700
Foundation Details Concrete Perimeter
Lot Dimensions 100X67


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 60468

AVG $240K
AVG $4,739
AVG 14
Year Built
AVG 1922
AVG 53
Data Provided by Walkscore ® not using MLS data

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