109 E Locust Street Polo, IL 61064 Commercial - Industrial New

New - 29 Hours Ago
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Description

Prime commercial opportunity in the heart of downtown Polo, Illinois! Situated on nearly 0.60 acres and spanning multiple parcels that make up nearly an entire city block, this versatile property offers over 5,400 square feet of finished space with endless potential. The property features two substantial buildings, including a 50x60 main building and a 40x60 Quonset. The main building is well equipped with both functional shop space and a thoughtfully designed 25x40 office area complete with a kitchenette, full bathroom, laundry, and break room, ideal for a variety of business operations. The shop has been extensively updated, featuring spray foam insulation, a furnace, 200 amp electrical service, a large 14x18 overhead door, new steel exterior siding, and a new steel roof. There are also existing geothermal hookups on site, offering future flexibility for energy efficient heating and cooling. With ample outdoor parking and convenient access from both Locust Street and Green Avenue, this property is perfectly positioned for accessibility and visibility. Zoned commercial and packed with possibilities, this is a rare chance to bring your business vision to life in a growing community. Bring your ideas, opportunity awaits!

Property Highlights

Property Type: Commercial - Industrial
Building Description: 1.0 stories

General Information

County: Ogle
Listed By:
RE/MAX of Rock Valley 815-732-9100
MRED MLS
$349,000
Est. $2,262/mo
New to the Market New
MLS#12611329
STATUSNew PROPERTY TYPECommercial - Industrial

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109 E Locust Street, Polo, IL 61064.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $349,000$349,000$349,000
Down Payment $69,800$12,215$87,250
Monthly Mortgage Amount $1,674$2,055$2,139
Taxes $486$486$486
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$154$0
Monthly Estimated Total $2,262$2,797$2,727

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