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30969348
30969349

410 Court Street, Vienna, IL 62995 For Sale

TK
IL IL 471021702
Farmer & Company Real Estate
Listed by Farmer & Company Real Estate
$229,900
134 days on market
Updated 50 days ago
Opportunity zone

410 Court Street

Details
APN 0805430005
Property Type Retail, Office (+1)
Sub Type Executive Office, Medical Office (+1)
Square Footage 4,000
Units 3
NOI $7,500
Occupancy 50%
Tenancy Multi
Year Built 1954
Buildings 2
Stories 2
Lot Size (SqFt) 3,645
Zoning OTHER
Parking Spaces 3 spaces
Parking per 1,000 SqFt 0.75
Investment Type Owner/User
Ground Lease No

Historical Building with Multi-Tenant Potential

Marketing description

One-of-a-kind investment opportunity in the heart of Vienna. This historic former bank building is a blend of timeless character & modern updates and offers both commercial potential and luxury residential living under one roof. The 1500 SF main level features a mostly open floor plan ideal for a variety of business uses including retail, office, etc. The space includes a built-in reception counter, new flooring, a full bathroom, potential kitchen area, washer and dryer hookup, and two 200-amp electric panels. Building has fiber optic internet service, smart lights & security system. A standout feature is the original bank vault, now converted into a secure storage room. Upstairs, the second level showcases a stunning, luxury one-bedroom apartment. This beautifully finished space offers one and a half bathrooms, laundry room and gorgeous hardwood floors. The open kitchen and living area features granite countertops, an island with seating and a cozy gas log fireplace. The spacious bedroom includes its own fireplace and a breathtaking ensuite bathroom with a soaking tub, fireplace and a large custom-tiled walk-in shower. The apartment has access from the front of the building and also the back which leads to a beautifully landscaped private courtyard and patio. The apartment is currently rented on a month-to-month basis, providing immediate income potential. The property also includes a detached garage with a storage room above, both equipped with their own mini-split heating & air systems, offering additional storage or potential rental income. Located in Vienna, Illinois, this property sits in a welcoming small-town known for its charm and convenient access to the natural beauty of southern Illinois, including the Shawnee National Forest, the Tunnel Hill Bike Trail and numerous other outdoor recreation opportunities. Vienna serves as the county seat of Johnson County and offers a steady local customer base along with visitors traveling through the region. This unique property is a rare find in Vienna. Schedule your showing today!

Investment highlights

  • Historical building on the courthouse square in Vienna IL
  • Two potential rental spaces - main level and 1 bedroom luxury apartment on 2nd level
  • Also included is a 1 car detached garage
  • Work in one space and live in the other!

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Listing Contacts

TK
IL IL 471021702
Farmer & Company Real Estate
Listed by Farmer & Company Real Estate

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Loan Amount
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Annual Debt Service
$--
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Annual Cash Flow
$7,500.00
$625.00/mo

Valuation Metrics

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DSCR
3.26%
Cap Rate
3.26%
ROI

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Additional Information

Name
TIFFANY KORTE
License
IL 471021702
Brokerage
Farmer & Company Real Estate
Brokerage Phone
6186459088
Title
Managing Broker
Brokerage Address
701 West 5th Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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