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2301 Adlai Stevenson Drive

Springfield, IL 62703
  • $600,000
  • STATUS: Active
  • ON SITE: 15 Days
  • ID#: CA1030184
UPDATED: 96 min ago
$600,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
County:
Area:

School Ratings & Info

Description

Prime location on Adlai Stevenson Drive with 16,500 daily drivers. The building features three commercial spaces: Crystal Cleaners, a dry cleaner generating $3,400/month on a gross month-to-month lease; Starship Gaming, a gaming parlor with a $1,450/month gross month-to-month lease; and a vacant pool hall and bar that includes a full kitchen. This versatile commercial property offers the opportunity to lease the pool hall and bar or open your own business while the income from the existing tenants covers your loan payments. With immediate rental income and significant potential for growth, this property is a lucrative investment in a high-traffic area. Don't miss out on this opportunitycontact us today for more information!

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© 2024 RMLS Alliance, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Kathy Garst Sales Team | The Real Estate Group. Data last updated: 2024-07-18T11:45:25.293.
www.kathygarst.com/homes/152247488
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2301 Adlai Stevenson Drive Springfield, IL 62703

  • Price: $600,000
  • Status: Active
  • On Site: 15 Days
  • Updated: 96 min ago
  • ID#: CA1030184
0
Beds
0
Baths
0
½ Baths
N/A
Acres
Neighborhood:
Springfield
County:
Sangamon
Area:
Springfield
Property Description
Prime location on Adlai Stevenson Drive with 16,500 daily drivers. The building features three commercial spaces: Crystal Cleaners, a dry cleaner generating $3,400/month on a gross month-to-month lease; Starship Gaming, a gaming parlor with a $1,450/month gross month-to-month lease; and a vacant pool hall and bar that includes a full kitchen. This versatile commercial property offers the opportunity to lease the pool hall and bar or open your own business while the income from the existing tenants covers your loan payments. With immediate rental income and significant potential for growth, this property is a lucrative investment in a high-traffic area. Don't miss out on this opportunitycontact us today for more information!
Exterior Features

Construction Materials OtherFrame Roof Other

Interior Features

Building Area Total 12000 Cooling Central Air Flooring Other Heating Forced Air

Property Features

Agent Owned No Financing Other Frontage Type City Street Lease Term Month To Month Lease Type Gross Levels One Possible Use Bar/TavernRestaurantRetail Sewer Public Sewer Tax Annual Amount 24245.22 Tax Incentive1 None Tax Legal Description Lake Victoria P U D Project S-1 Lot 2 Tax Year 2023 Type Commercial Water Source City Water/Connected Zoning COMMERCIAL

Listing provided courtesy of Jerry George of The Real Estate Group, Inc.: Pref: 217-638-1360.
© 2024 RMLS Alliance, LLC. All Rights Reserved.


© 2024 RMLS Alliance, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Kathy Garst Sales Team | The Real Estate Group. Data last updated: 2024-07-18T11:45:25.293.
 
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Kathy Garst Sales Team | The Real Estate Group
3701 W. Wabash Ave
Springfield IL, 62711