109, Alexis, IL 61412 For Sale

Unlock an exceptional investment opportunity with this versatile mixed-use property offering multiple income streams and endless potential. The main level is home to a well-established bar and restaurant, both currently operating and producing immediate rental income. An additional vacant commercial space provides the perfect opportunity for a retail storefront, hair salon, professional office, boutique, or a variety of other business ventures, allowing a new owner to increase cash flow or occupy the space themselves. Upstairs, the property features three residential apartments, further enhancing the investment potential. Apartment 1 offers a comfortable one-bedroom layout and is currently leased. Apartment 2 features two bedrooms and is ready for a new tenant or owner updates. Apartment 3 is another one-bedroom unit that is also currently rented, creating additional steady income. Whether you're looking to expand your investment portfolio, establish your own business while generating rental income, or capitalize on the flexibility of a mixed-use property, this is a rare opportunity to own a building with diversified revenue sources and room for future growth. With established commercial tenants, residential rental income already in place, and additional leasing potential, this property is positioned to deliver both immediate returns and long-term value.