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1001 Division Street, Orion, IL 61273

$205,000
  • 1001 Division Street, Orion, IL 61273 Main Photo

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Active
SQUARE FEET3,516 MLS#100000023
STATUSActive PROPERTY TYPECommercial - Office

Property Description

Recently renovated and remodeled office building turned salon suites featuring a freshly painted exterior/interior, updated windows, and new flooring throughout. The property also includes a fully updated restroom. Estimating that HVAC and LED lighting were updated in 2022/2023. The building consists of eight individual salon suites, with six currently leased at 300 per month. The current owner occupies three of the suites and intends for the business operations to continue as-is, with existing leases remaining in place. This property offers a solid investment opportunity with room for future growth through rent increases or additional leasing potential. Please note: Property taxes have not yet been reassessed, as the former owner was a nonprofit. Prospective buyers should factor a potential tax adjustment into their cash flow analysis.

1001 Division Street | MLS# 100000023

This commercial property located at 1001 Division Street, Orion, IL 61273 is currently listed for sale with an asking price of $205,000. Search Orion real estate on www.bhhscrosby.com today.

Property Features

Property Type: Commercial - Office
Cooling: Central Air
Lot Size: 0.31 Acres
Roof Type: Membrane
Stories: 1.0

Feature Descriptions

Days on Site: 73
Electric: Single Phase
Exterior: Brick/Stone Msn Pred
Fire Protection: Smoke or Fire Protectors
Foundation: Concrete Perimeter
HVAC: Forced Air
Lot Dimensions: 66,42,06,144,96,149
Parcel#: 11282010010000

Listed By / Shown By

Listed By

Agency Name: Hawkeye Commercial Real Estate
Agency Phone: 563-344-4295

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