Listed by RE/MAX Traders Unlimited
$200,000
4602 E 1625 North Road
Details
APN 12-23-400-012
Property Type Mixed Use
Sub Type Apartment, Bar/Tavern
Square Footage 2,430
Net Rentable (SqFt) 2,430
Units 2
Occupancy 50%
Tenancy Multi
Lease Type Modified
Price per SqFt $82
Year Built 1945
Buildings 1
Stories 1
Acreage 0.710
Zoning Commercial
Investment Type Owner/User
Bar + Apartment | Danvers, IL
Marketing description
REMAX Traders Unlimited has been exclusively retained to sell 4602 E 1625 North Road, a 2,430 total SF, mixed-use building in Danvers, Illinois. The property is set up with two units, including a 1Bed/1Bath apartment that is currently rented and a bar, which will be delivered vacant upon closing. The property is located on IL Route 9, just outside of Bloomington, IL and is just 1 of 3 restaurant/bars in Danvers, making it a prime investment opportunity in a supply constrained submarket. A new roof was installed in 2024 and a new water heater in 2019.
Investment highlights
Bar + Apartment Mixed-Use Building
2,430 Total SF
Listing Contacts
Listed by RE/MAX Traders Unlimited
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