Description
Discover an exceptional opportunity to own a high-visibility commercial property in the heart of downtown Lacon! This versatile 3,000 sq. ft. building is ideal for retail, office space, warehouse use, or a mixed-use business. The main level is handicap accessible, featuring a commercial kitchen, a restroom, and an inviting outdoor patio area. The ground level also features a second commercial kitchen and ample storage/office area as well as another restroom. The upper level is a blank canvas ready for a transformation-stripped down to the studs, making it perfect for apartments, additional office space, or custom use. Recent Upgrades: New water heater (2021), sump pump (2024), new front doors (2024), and a brand-new roof (2024). Endless potential whether you're an investor, entrepreneur, or developer, this building provides the flexibility to bring your vision to life. Don't miss this rare opportunity in a prime downtown location!
Property Highlights
Property Type: Commercial - Retail
Building Description: 2.0 stories
Year Built: 1900
General Information
County: Marshall
Listed By:
Local Realty Group, Inc.
815-339-1158
MRED MLS
MLS ID: 12559257
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233 5th Street, Lacon, IL 61540.
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563-441-1862
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $149,000 | $149,000 | $149,000 |
| Down Payment | $29,800 | $5,215 | $37,250 |
| Monthly Mortgage Amount | $705 | $877 | $913 |
| Taxes | $207 | $207 | $207 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $66 | $0 |
| Monthly Estimated Total | $1,012 | $1,250 | $1,220 |