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1225 S Main Street Lewistown, IL 61542 Commercial - Business Active

  • 1225 S Main Street, Lewistown, IL 61542 Main Photo

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Description

Rare opportunity to own a tri-plex apartment building ready to create income. This building offers 3 individual living quarters. Apartment A is currently fully furnished and being rented regularly as an Air B & B. 1 bed, 1 full bath and laundry all on ground level. Recently remodeled and tastefully decorated, all appliances to stay. Its bright and streamlined with all the modern conveniences. Apartment B is a large 1 bed 1 full bath with ample storage and an attached 1 car garage. It also features main level floor laundry. Apartment C on the upper level, is a very well laid out 3 bed 1 full bath with laundry and new appliances. Its recently renovated and is very bright and open, the space is perfectly functional and has several new vinyl windows with storage you wont believe. The building also houses a separate 1 car garage currently being used for storage. The shingles were replaced in 2018, too many other upgrades to list. There is an also a 40 x 50 metal building that goes along with this property. Taxes reflect both this building and the business formally known as Archies. Depending on buyers this will be separated or if sold together remain the same. All measurements are approx and not guaranteed.

Property Highlights

Property Type: Commercial - Business
Building Description: 2.0 stories
Available Sqft: 3440

General Information

County: Fulton
Listed By:
Gorsuch Realty & Auction
RMLSA
$250,000
Est. $1,631/mo
Active
SQUARE FEET3,440 MLS#PA1265232
STATUSActive PROPERTY TYPECommercial - Business

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1225 S Main Street, Lewistown, IL 61542.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $250,000$250,000$250,000
Down Payment $50,000$8,750$62,500
Monthly Mortgage Amount $1,183$1,472$1,532
Taxes $348$348$348
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$110$0
Monthly Estimated Total $1,631$2,030$1,980

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