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Listed by Jessica Ball • RE/MAX Traders Unlimited
$ 110,000
Est. payment /mo
Price Dropped by $9K
665 W WILMOT ST Chillicothe, IL 61523
900 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 900 sqft
Price per Sqft $122
MLS Listing ID PA1262390
Annual Tax Amount $3,007
Tax Year 2025
Lot Size 0.570 Acres
Acres 0.57
Lot Dimensions 175 x 142
Property Sub-Type Commercial
Source rmlsa
Property Description
Unique investment opportunity to add to your portfolio! Commercial lot with current cash flow and future upside. This C-2 zoned property on over half an acre includes an updated single-family rental home plus additional income from existing mobile home lot rentals. While no additional mobile homes may be added, the property offers strong potential as a long-term commercial investment with interim income already in place. Ideal opportunity for an investor looking to offset holding costs while planning for future redevelopment, commercial use, or repositioning. All tenants have their own Ameren meters and water lines have a submeter system installed for easy billback of water and sewer usage. Single Family home is a 2 bed, 1 bath with recent updates: roof, flooring, tile shower, drain line, water lines, furnace, water heater and a light kitchen remodel within the last 3 years. House rents for $975 and the 3 lots rent for $250 each.
Location
State IL
County Peoria
Area Paar Area
Zoning C2
Direction From N 4th St, West on Wilmot, corner of Wilmot and Sante Fe
Interior
Heating Natural Gas, Wall Furnace
Cooling None, Other
Flooring Other
Fireplace N
Exterior
View true
Roof Type Composition Shingle
Garage 1
Building
Faces From N 4th St, West on Wilmot, corner of Wilmot and Sante Fe
Sewer Public Sewer
Water Municipal/City
Structure Type Vinyl Siding,Other
Others
Tax ID 05-20-206-019
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Blake Lowderman
Agent