FULLY LEASED INVESTMENT OR USER/INVESTOR OPPORTUNITY 2-UNIT AUTO CENTER 100% leased 2-unit automotive building with long leases thru 2029*. Pete's Paint Works & Medina Cars are both long term tenants (since 1986 and 2016). All masonry building on US Highway 12. Pete's Paint address is 9001 and Medina Cars is 9003. (*) Medina expires 2026 with an option to renew thru 2029. Original building built in 1959 with additions. New Membrane roof and overhead doors. USER/INVESTOR POTENTIAL-Auto body tenant will move out for a buyer who needs his 2800 sf space. 9.68% CAP rate. Ask broker for rent roll and operating statement. Owner is a licensed Illinois Broker.
4,356 square feet of flexible space on .55 acres. Brand new roof was just installed. Open interior with 2 ceiling heights. One section is 40 x 42 x 11, one is 31'5" x 15 x 9'8" and the third section is 43 x 44 x 9'8". 10'7" x 10 office space with customer service window, bathroom with slop sink, 2 ceiling mounted heaters and one wall unit AC. 7x10 overhead door/loading dock. 200 AMP electric service. This building has frontage on both Main Street and Commercial Street. 2 front doors face Rt 12 and 1 back door and the loading dock faces Commercial. Great visibility on Route 12 next to the new, under construction, Dunkin Donuts location.
Come bring your vision to the awesome commercial property that you can make into your dream store, tavern, gaming, or hair/barber salon, etc. The current owner had plans for a gaming cafe, but health took a turn and is causing the sale. Plans available if want. The two-bedroom home is currently rented until June 30th, 2024 so continue receiving rent while doing the buildout and then continue the lease (renter is willing to stay) or move in. The commercial building is metered separately and is 23 x 33 and two bathrooms stubbed in already. It is un-incorporated McHenry County, so for any kind of liquor license, please call the county, not the village of Richmond. The property is 1/2 acre and has a great backyard for the business or personal use. The house has a two-car attached garage and there is a lot of storage. Call with any ideas or questions.
The median home value in Richmond, IL is $350,000. This is higher than the county median home value of $288,600. The national median home value is $338,100. The average price of homes sold in Richmond, IL is $350,000. Approximately 42.62% of Richmond homes are owned, compared to 42.86% rented, while 14.52% are vacant. Richmond real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Richmond real estate agent to arrange a tour today!
Richmond, Illinois has a population of 2,263. Richmond is less family-centric than the surrounding county with 19.27% of the households containing married families with children. The county average for households married with children is 33.95%.
The median household income in Richmond, Illinois is $55,964. The median household income for the surrounding county is $93,801 compared to the national median of $69,021. The median age of people living in Richmond is 41.9 years.
The average high temperature in July is 83.3 degrees, with an average low temperature in January of 14.3 degrees. The average rainfall is approximately 36.2 inches per year, with 42.9 inches of snow per year.