Tremont IL Commercial for Sale
$1,250,000
22319 Il Route 9 Tremont, IL 61742
- Type:
- General Commercial
- Sq.Ft.:
- 16,296
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 2.63 Acres
- Year built:
- 1991
- Baths:
- MLS#:
- PA1251952
ADDITIONAL INFORMATION
Prime Multi-Use Commercial Property - Ideal Investment Opportunity! Discover versatility in this well-maintained, multi-use commercial property, positioned to cater to a diverse range of entrepreneurial ventures. Conveniently located just outside of the city limits on IL Route 9 in Tremont with easy access to I-155, Pekin and East Peoria. Boasting a combination of mini storage units, retail spaces and a spacious mechanic shop with office, this property is a testament to both functionality and profitability. High occupancy rates and reliable income stream. Property features 52 mini storage rentals, currently at 93% occupancy; two retail spaces at 100% occupancy; and an auto garage with office space at 100% occupancy, situated on 2.63 acres. Nearly $100,000 of capex over the past two years! Whether you are looking to diversify your portfolio, start a new business venture, or expand an existing enterprise, this multi-use commercial property offers unparalleled potential. The combination of reliable rental income from storage units, bustling retail businesses, and the steady demand for automotive services ensures a robust return on investment. Three addresses for the property are 22319, 22325 & 22333 Illinois Route 9 (one parcel ID and legal description). Agent owned but not by listing agents.
- Type:
- General Commercial
- Sq.Ft.:
- 5,120
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1983
- Baths:
- MLS#:
- PA1249326
ADDITIONAL INFORMATION
Rare opportunity to own a turn-key bar/restaurant in Tremont on IL - Rt. 9! This location features a main floor remodel in 2016 including HVAC, flooring and more! Main floor offers spacious dining room with ceramic tile flooring, tables, chairs and booths included! Large bar area with seating for 16 and features an island perfect for storage and walk-in cooler. Two updated bathrooms as well. Large kitchen with multiple refrigerators, fryers, ovens and grill. Kitchen is also climate controlled. Property features a full basement with endless possibilities for feature development. Ample parking in front of the building and great location on the west side of Tremont on IL Route 9. Contents to be sold with the building. Roof in 2016. Don't miss this amazing opportunity!
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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Tremont Real Estate
The median home value in Tremont, IL is $249,900. This is higher than the county median home value of $147,900. The national median home value is $338,100. The average price of homes sold in Tremont, IL is $249,900. Approximately 65.53% of Tremont homes are owned, compared to 27.1% rented, while 7.37% are vacant. Tremont 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 Tremont real estate agent to arrange a tour today!
Tremont, Illinois has a population of 2,333. Tremont is more family-centric than the surrounding county with 32.1% of the households containing married families with children. The county average for households married with children is 30.14%.
The median household income in Tremont, Illinois is $68,295. The median household income for the surrounding county is $68,860 compared to the national median of $69,021. The median age of people living in Tremont is 40.5 years.
Tremont Weather
The average high temperature in July is 85.7 degrees, with an average low temperature in January of 15.9 degrees. The average rainfall is approximately 37.9 inches per year, with 24.4 inches of snow per year.