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213 W Walnut Street,  Watseka IL, 60970

(Active)
$375,000
|
9,375 sqft
|
MLS# 11355366
Last Updated: 5/19/2024 10:54 AM
Description for 213 W Walnut Street Watseka, IL 60970
TERRIFIC INVESTMENT OPPORTUNITY - with peace of mind! This 14 unit motel/apartment hybrid building has a new roof, plus new windows and screens, all with transferrable warranties. Brand new furnace, too! Most of the apartments are on the top floor; there are laundry facilities on the 2nd floor, and the theater is on the main floor - and could be converted into retail space. The building has central air, but tenants can rent window units, as well.* BRING HISTORY BACK TO LIFE! This famous building was established by the Railroad Company as a theater & hotel for its employees - it has many beautiful architectural features, as well as modern comforts. A steady source of income and a unique prospect - come and see! (c)2022 *See zoning notes in broker remarks.*Flooring credit for common area negotiable with acceptable contract.*
Price
$375,000
Iroquois
9,375 (approx)
11355366
Active
Description
TERRIFIC INVESTMENT OPPORTUNITY - with peace of mind! This 14 unit motel/apartment hybrid building has a new roof, plus new windows and screens, all with transferrable warranties. Brand new furnace, too! Most of the apartments are on the top floor; there are laundry facilities on the 2nd floor, and the theater is on the main floor - and could be converted into retail space. The building has central air, but tenants can rent window units, as well.* BRING HISTORY BACK TO LIFE! This famous building was established by the Railroad Company as a theater & hotel for its employees - it has many beautiful architectural features, as well as modern comforts. A steady source of income and a unique prospect - come and see! (c)2022 *See zoning notes in broker remarks.*Flooring credit for common area negotiable with acceptable contract.*
Listing Information
Property Type: Mixed Use, Business Opportunities, 3+ Story
0.07 Acres 9,375 (approx) 1917
3 Brick Commercial, Multi-Family
Middleport//
Block, Brick/Mortar
Public
14 Total
Neighborhood
Room Information
Interior Features
Vinyl, Carpet
Central Air, Window Unit(s)
Exterior / Lot Features
Brick
Membrane
25X128.9X25X128.9
OTHER
Driving Directions
From Kankakee: Rte 1 south to Watseka; left on Walnut. Property on right, by the bakery.
Financial Considerations
19324520070000
$1,824
Listing Price History

Watseka Real Estate

Watseka is located in Illinois. Watseka, Illinois 60970 has a population of 4,532.

The median household income in Watseka, Illinois 60970 is $44,365. The median household income for the surrounding county is $53,895 compared to the national median of $66,222. The median age of people living in Watseka 60970 is 43 years.

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Courtesy: Coldwell Banker Realty
Listings courtesy of MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 5/19/2024. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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This content last refreshed on 5/19/2024 10:54 AM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.

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