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$ 100,000
Est. payment | /mo
1,450 SqFt
$ 100,000
Est. payment | /mo
1,450 SqFt
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 1,450 sqft
Price per Sqft $68
MLS Listing ID 12405816
Annual Tax Amount $1,918
Tax Year 2024
Lot Dimensions 20X128
Property Sub-Type Mixed Use
Property Description
**Investor Opportunity in Small-Town Downtown District - TIF Incentives Available** Located in the center of a small community business district, this three-unit mixed-use building offers a solid investment opportunity with municipal support for redevelopment through available **Tax Increment Financing (TIF) incentives**. It's an excellent option for those looking to contribute to local revitalization while securing income-producing property. The building includes two main-level office suites that share a common restroom, making them ideal for small businesses, startups, or professional services in need of reasonably priced space with downtown visibility. The second floor features a one-bedroom apartment with a tenant in place through December 2025. The apartment tenant is responsible for gas and electric utilities, while the owner pays for water and trash services. The residential and commercial area is metered separately for gas and electric. The property is serviced by two furnaces and two water heaters, one per floor. With its central location and flexible layout, this building provides great potential for steady income and long-term value. Whether you're expanding your portfolio or launching a new venture, this is a practical opportunity to invest in a growing community with local support for improvement. **Contact us today for more details.**
Location
State IL
County Lee
Area Paw Paw
Zoning COMMR
Interior
Cooling Central Air
Flooring Carpet, Varies, Vinyl, Other
Fireplace N
Exterior
Utilities Available Electricity Available, Natural Gas Available
Roof Type Composition
Building
Dwelling Type Mixed Use
Level or Stories 2
Structure Type Aluminum Siding,Vinyl Siding
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Wendi Sleezer • Swanson Real Estate
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "