Address
216 N Second Street, Peotone, IL
Price
$ 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 |
Amenities
- 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
Price
Taxes
Visits
Year Built
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