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5000 sq ft commercial space 117 E Walnut St

5,445 SF Retail Building Watseka, IL 60970 $460,678 CAD ($85 CAD/SF) 10.65% Cap Rate

Retail Buildings Illinois Watseka 117 E Walnut St, Watseka, IL 60970

Investment Highlights

  • Prime Real Estate on HWY 24
  • Large parking lot
  • Longstanding tenants

Executive Summary

Currently occupied with longstanding tenant. Situated on prime real estate on Hwy 24. Ample parking. Low Taxes and easy to maintain the proeprty. Public parking lot next door for tenant access.

Attachments

Watseka Sales Flyer 2024

Financial Summary (Actual - 2023)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $52,730 $9.68
Other Income - -
Vacancy Loss - -
Effective Gross Income $52,730 $9.68
Taxes $3,668 $0.67
Operating Expenses - -
Total Expenses $3,668 $0.67
Net Operating Income - -

Financial Summary (Actual - 2023)

Gross Rental Income (CAD)
Annual $52,730
Annual Per SF $9.68
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $52,730
Annual Per SF $9.68
Taxes (CAD)
Annual $3,668
Annual Per SF $0.67
Operating Expenses (CAD)
Annual -
Annual Per SF -
Total Expenses (CAD)
Annual $3,668
Annual Per SF $0.67
Net Operating Income (CAD)
Annual -
Annual Per SF -

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
5,445 SF
Building Class
C
Year Built
1950
Price
$460,678 CAD
Price Per SF
$85 CAD
Cap Rate
10.65%
NOI
$49,061 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.39
Land Acres
0.32 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning
Comm - Commercial
Parking
2.94 Spaces per 1,000 SF Leased
Frontage
65 ft on E Walnut St

Amenities

  • Signage
1 of 1

PROPERTY TAXES

Parcel Number 19 32 476 009 Total Assessment $34,364 CAD
Land Assessment $6,173 CAD Annual Taxes $3,668 CAD ($0.67 CAD/SF)
Improvements Assessment $28,192 CAD Tax Year 2023

PROPERTY TAXES

Parcel Number
19 32 476 009
Land Assessment
$6,173 CAD
Improvements Assessment
$28,192 CAD
Total Assessment
$34,364 CAD
Annual Taxes
$3,668 CAD ($0.67 CAD/SF)
Tax Year
2023
(708) 670-2371

  • Listing ID: 31715809

  • Date on Market: 2024-05-06

  • Last Updated:

  • Address: 117 E Walnut St, Watseka, IL 60970

The Retail Property at 117 E Walnut St, Watseka, IL 60970 is currently available For Sale. Contact Village Commercial for more information.

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5000 sq ft commercial space | 117 E Walnut St
(708) 670-2371 x

5000 sq ft commercial space | 117 E Walnut St

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Jason Markowicz

(708) 670-2371

(708) 670-2371

Michael Glenn

(708) 478-1212

(708) 478-1212

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