Great Investment Opportunity. 4 Units, Fully Leased Retail/Office Center located in the heart of Spring Grove. Long term tenants, Newer Roof, Newer Electric, Well Maintained Building, Separate Utilities, on City Water & Sewer. Access to High Speed Internet. 3 Phase Electric Available. Common Wash Rooms. Property Backs Up to Nippersink Creek. 6.17 Cap rate
1700 Sq. Ft. post-beam constrution building is in a high traffic location on busy Rt 12 in Spring Grove. Located directly across the street from the new Caseys gas station. Currently used as a sign shop. The owner is slowing down and no longer has need for much space. The building has wall mounted heat and central air conditioning. Fishished interior is well insulated. Main building is 1500 sq.ft. plus a 200 sq. ft. office. Served by municipal sewer and water with a hydrant right out front for help with insurance costs. Current parking for about 8 cars, but plenty of room to expand. This property extends aross the frontage road to the south. B-2 zoning has multiple possibilities (refer to Village of Spring Grove Website for a complete list of currently acceptable uses.) The survey being completed will show exact dimensions and locations. Business may be available if interested. Call L/A with ????
The median home value in Spring Grove, IL is $450,000. This is higher than the county median home value of $207,300. The national median home value is $219,700. The average price of homes sold in Spring Grove, IL is $450,000. Approximately 87.83% of Spring Grove homes are owned, compared to 9.25% rented, while 2.92% are vacant. Spring Grove 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 Spring Grove real estate agent to arrange a tour today!
Spring Grove, Illinois has a population of 5,847. Spring Grove is more family-centric than the surrounding county with 43.08% of the households containing married families with children. The county average for households married with children is 37.26%.
The median household income in Spring Grove, Illinois is $117,790. The median household income for the surrounding county is $82,230 compared to the national median of $57,652. The median age of people living in Spring Grove is 44.6 years.
The average high temperature in July is 82.1 degrees, with an average low temperature in January of 13.9 degrees. The average rainfall is approximately 36 inches per year, with 42.7 inches of snow per year.