Listed by TCI Realty LLC
$1,100,000
123 North 15th Street
Details
APN 07-1-03794-000, 07-1-05904-000
Property Type Retail, Office
Square Footage 14,588
Units 75
Cap Rate 7.96%
NOI $87,600
Occupancy 98%
Tenancy Multi
Lease Type Modified
Price per SqFt $9
Year Built 1972
Year Renovated 2006,2025
Buildings 1
Stories 1
Acreage 1.200
Zoning Commercial
Parking Spaces 75 spaces
Parking per 1,000 SqFt 5.14
Ground Lease No
About This Property for Sale
Marketing description
Property has large parking lot, great curb appeal with convenient location to Mid-Town Mattoon. Complete New Roof in 2025 on entire building along with all new HCAV rooftop units in last 2 years. One small office space (288 sf) is available for rent.
Investment highlights
Investment opportunity!!! Well kept office building in downtown Mattoon with stable, long term tenants, including engineering firm , State of Illinois, Lee Enterprises.
Listing Contacts
Listed by TCI Realty LLC
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$87,600.00
$7,300.00/mo
Valuation Metrics
0
DSCR
7.96%
Cap Rate
7.96%
ROI
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