Dan Kelly
- Buy
- Sell
https://www.ruhlmortgage.com/GregCotton.html
Description
Get started investing or add this mixed use investment property to your portfolio. Located in downtown Leland this building features a first floor retail space as well as two apartments. There is a one bedroom one bath apartment on first floor and a two bedroom one bath apartment on the second floor. Building updates include new windows and new insulation plus a new roof was installed just 2 years ago. Both apartments have been completely updated with new LVP flooring, new drywall, doors, bathroom fixtures and vanities, kitchen cabinets and appliances. The first floor apartment has laundry in the unit, a separate kitchen and a nice sized family room. This unit also has access to the backyard with a fenced in area. The second floor apartment features soaring vaulted ceilings in the primary bedroom and family room. The first floor retail unit is approximately 900 sf. There is a good sized showroom upfront with display windows, a backroom, a kitchenette and a full bathroom with a shower. The building also has a full basement. Each unit is separately metered for electricity. There is one water meter and one gas meter. The retail unit and second floor apartment are occupied by the same tenant. The owner occupies the first floor apartment and will vacate upon sale making this a great opportunity for an owner occupant. This property is being sold as-is.
Property Highlights
Property Type: Commercial - Business
Building Description: 2.0 stories
Year Built: 1891
General Information
County: LaSalle
Listed By:
Coldwell Banker Real Estate Group
630-232-6900
MRED MLS
MLS ID: 12739298
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154-156 E Railroad Street, Leland, IL 60531.
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563-441-1862
toll free 866-441-1862
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $259,900 | $259,900 | $259,900 |
| Down Payment | $51,980 | $9,097 | $64,975 |
| Monthly Mortgage Amount | $1,383 | $1,698 | $1,685 |
| Taxes | $362 | $362 | $362 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $114 | $0 |
| Monthly Estimated Total | $1,845 | $2,274 | $2,147 |
Dan Kelly
REALTOR®
Cell: (563) 320-5473
Licensed in IL & IA
Davenport Office
4545 Welcome Way
Davenport, IA 52806
(563) 441-5100
Davenport, IA 52806
(563) 441-5100
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