Leslie Roland
- Buy
- Sell
https://www.ruhlmortgage.com/LawrenceDavis.html
Description
Investment Opportunity in Downtown Dwight! Well-maintained all-brick commercial building featuring one main-level storefront and two upstairs 2-bedroom apartments, offering multiple income-producing opportunities. The approximately 2,020 SF commercial space has been updated and features an open floor plan, office, 1/2 bath, and storage. The two upstairs apartments each offer 2 bedrooms, 1 bath, living room, and kitchen, with appliances remaining. Apartments are accessed through a separate side entrance. All utilities are separately metered. Each unit features forced-air gas heat and central air. A common second-floor area provides access to the mechanical systems and attic/roof. Recent Updates & Improvements: Torch-down roof with silver coating and new roof hatch/access door; newer furnaces and AC units in all units; one newer water heater; new flooring in apartments; updated toilets, showers, and lighting; updated breaker boxes; security system; and newer windows along Franklin Street. Prime downtown location makes this an excellent opportunity for an investor seeking a combination of commercial and residential income. Great potential for an owner-user, rental investment, or mixed-use property.
Property Highlights
Property Type: Commercial - Business
Building Description: 2.0 stories
Year Built: 1900
General Information
County: Livingston
Listed By:
Sancken Sole Realty
815-844-4104
MRED MLS
MLS ID: 12730781
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104 S Franklin Street, Dwight, IL 60420.
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $165,000 | $165,000 | $165,000 |
| Down Payment | $33,000 | $5,775 | $41,250 |
| Monthly Mortgage Amount | $834 | $1,024 | $1,036 |
| Taxes | $230 | $230 | $230 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $73 | $0 |
| Monthly Estimated Total | $1,164 | $1,427 | $1,366 |
Leslie Roland
REALTOR®
Office: (309) 743-8000
Cell: (309) 644-2774
Licensed in IA & IL
Moline Office
1701 52nd Avenue
Moline, IL 61265
(309) 743-8000
Moline, IL 61265
(309) 743-8000
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