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121 W Legion Avenue

Columbia, IL 62236
  • $750,000
  • STATUS: Active
  • ON SITE: 190 days
  • ID#: 20066372
UPDATED: 12 min ago
$750,000
  • 0
    BEDS
  • 0.5
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 6,898
    SQFT
  • $109
    $/SQFT
Type:
Commercial
Built:
1960
County:

School Ratings & Info

Description

Three level, mixed used investment property. Seven apartments on top level with office space on the main & lower level. Located in a downtown area near dining, amenities, shopping, and more. Office space: 6,858 sqft, 8 - 9 offices, 3 Conference rooms, Library/open conference rm, 11 plus secretarial/ file clerk stations, 2 file room areas, 5 restrooms, & Eat in kitchen. New carpet & paint in main areas 2015. Possibility of more division of space with separate entry. Apartments: Six 1-bedroom/efficiency apartments, one 2-bedroom apartment. Extra lot for potential additional parking.Cap Rate of 10%

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Listing information © 2021 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2021-06-16T12:49:23.86.

Keller Williams Realty West: 636-229-8583
www.searchallstlouishomes.com/homes/112445200
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121 W Legion Avenue Columbia, IL 62236

  • Price: $750,000
  • Status: Active
  • Updated: 12 min ago
  • ID#: 20066372
0
Beds
0
Baths
0
½ Baths
0.5
Acres
6,898
SQFT
$109
$/SQFT
1960
Built
County:
Monroe
Property Description
Three level, mixed used investment property. Seven apartments on top level with office space on the main & lower level. Located in a downtown area near dining, amenities, shopping, and more. Office space: 6,858 sqft, 8 - 9 offices, 3 Conference rooms, Library/open conference rm, 11 plus secretarial/ file clerk stations, 2 file room areas, 5 restrooms, & Eat in kitchen. New carpet & paint in main areas 2015. Possibility of more division of space with separate entry. Apartments: Six 1-bedroom/efficiency apartments, one 2-bedroom apartment. Extra lot for potential additional parking.Cap Rate of 10%
Exterior Features

Building Type 2 StoriesApartmentMixed UseOffice BuildingOther Building Type Construction Conventional Exterior BrickCombination Land Info Included Lot Dimensions 113X135 Parking Description Parking LotPaved Asphalt Parking Spaces 23 Road Access City Street Road Frontage 460 Unit Location CityCorner LocationDowntownHigh TrafficSuburban

Interior Features

Cooling Central-Electric Heating Forced Air Interior Walls Drywall Miscellaneous 2+ LavatoriesBuilding SignExterior LightingKitchen FacilitiesSmoke Alarm/Detec Sq Ft First Floor 3449 Sq Ft Second Floor 3449

Property Features

Association Realtor Association Of Southwestern Illinois Commercial Property Type Special Purpose/Use Conditions Unknown Cross Street Address Rapp Ave & Kunz St Current Use OfficeResidence Disclosures No Other Known Restr Docs Avail At Office Aerial Photo Electric Service Ameren Gross Operating Income 87360.00 Lease Terms 1 Year Or LessMore Than 3 Years Lot Size Source County Records Net Income 71484.00 Offering Sale Operating Expense Common Area MtceElectricityGasMaintenanceProperty InsuranceReal Estate Tax Possession Other Possible Buyer Fees YN No Potential Use Office/GeneralPersonal ServiceProfessional ServiceResidenceRetail Operation Sale Includes Building & LandSubject To Lease Selling Terms CashConventional Sewer Public Special Description No Exemptions Special Listing Conditions None Square Footage Source Other Tax Exempt 0 Tax Year 2019 Taxes Paid 6866 Total Expenses 15876.00 Utilities Available CableElectricGasWaterSewerTelephone Water Public Zoning Commercial

Listing provided courtesy of Property Peddler, Inc. Listing information © 2021 Mid America Regional Information Systems, Inc.
Listing information © 2021 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2021-06-16T12:49:23.86.

Keller Williams Realty West: 636-229-8583
 
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