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204 S Washington Street Mc Leansboro, IL 62859 • Commercial - Investment • Active

  • 204 S Washington Street, Mc Leansboro, IL 62859 Main Photo

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Description

TURNKEY BUSINESS & REAL ESTATE OPPORTUNITY! Established loan company offered for sale as a complete package, including the operating business, commercial real estate, loan books/portfolio, and contents. This is an excellent opportunity for an entrepreneur or existing financial services operator to acquire an established business with an existing customer base and business history. The sale includes the commercial building, business operations, loan portfolio/books, and contents, including office desks, tables, chairs, filing cabinets, appliances, decor, office equipment, and other furnishings and items used in the operation of the business. The sellers are willing to provide short-term training and transition assistance to the new owner to help facilitate a smooth change of ownership and continued operation. The building was constructed in 1991 and features an HVAC system less than two years old. A leased security system is also in place. The business and transfer of the loan portfolio are subject to all applicable federal, state, and local laws, regulations, licensing requirements, approvals, and other applicable requirements. Buyers should conduct their own due diligence regarding licensing, regulatory requirements, and the transfer or continuation of the business and loan portfolio. Financial information, loan portfolio details, and additional business records are available to qualified buyers upon execution of a confidentiality agreement. This is a unique opportunity to acquire the business, real estate, loan portfolio, and contents in one package, providing a potential buyer with an established operation and the infrastructure needed to continue the business.

Property Highlights

Property Type: Commercial - Investment
Building Description: 1.0 stories

General Information

County: Hamilton
Listed By:
Keller Williams Pinnacle - MTV 618-226-6447
MRED MLS
$1,000,000
Est. $6,939/mo
Active
MLS#12751612
STATUSActive PROPERTY TYPECommercial - Investment

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204 S Washington Street, Mc Leansboro, IL 62859.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $1,000,000$1,000,000$1,000,000
Down Payment $200,000$35,000$250,000
Monthly Mortgage Amount $5,255$6,450$6,482
Taxes $1392$1392$1392
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$600$0
Monthly Estimated Total $6,939$8,734$8,166

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