Richmond IL Commercial for Sale

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Type:
Business Opportunities
Sq.Ft.:
4,000
Status:
Active
Beds:
n/a
Year built:
1959
Baths:
MLS#:
12161544

ADDITIONAL INFORMATION

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.

Type:
Retail
Sq.Ft.:
4,356
Status:
Active
Beds:
n/a
Year built:
1997
Baths:
MLS#:
12083930

ADDITIONAL INFORMATION

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.

Type:
Other
Sq.Ft.:
1,500
Status:
Active
Beds:
n/a
Year built:
1940
Baths:
MLS#:
12001463

ADDITIONAL INFORMATION

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.

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Andrea D. Conner, License 471020674, Xome Inc., License 478026347, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Ste 100, Lewisville, TX 75067


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Richmond Real Estate

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.

Richmond Weather

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.

Richmond Real Estate Market Conditions

  • Median sales price

    $350,000
    14.5% change since last quarter
  • # Active listings

    30
    30-day change

Richmond Schools and Demographics

Education near Richmond, IL

Metric City County
High School Graduates 95.49 93.54
College Degree - 2 year 9.69 9.37
College Degree - 4 year 26.11 35.19
Graduate Degree 7.9 9.38
Expenditures per Student 18,892 18,892
Students per Teacher 13.7 13.7

Elementary Schools near Richmond, IL

School Grades Students P/T Ratio ZIP
Alden Hebron Elementary School PK - 05 230 14.7 60034
Harrison Elementary School PK - 08 398 14 60097
Lotus School PK - 04 484 13.7 60081
Richmond Grade School PK - 05 412 13.3 60071
Ringwood School Primary Center PK - 02 442 16.4 60072
Spring Grove Elementary School KG - 05 324 11.7 60081

Middle Schools near Richmond, IL

School Grades Students P/T Ratio ZIP
Alden-Hebron Middle School 06 - 08 100 13.1 60034
Nippersink Middle School 06 - 08 489 14.8 60071

High Schools near Richmond, IL

School Grades Students P/T Ratio ZIP
Alden-Hebron High School 09 - 12 122 10.4 60034
Richmond-Burton High School 09 - 12 752 15.1 60071

Demographics near Richmond, IL

Metric City County
Neighborhood Type Suburban
Population 2,263 310,749
Population Density 534 515
Median Age 41.9 40.4
People per Household 2 2.7
Median Household Income 55,964 93,801
Average Income per Capita 34,314 43,047