Property for Sale: 222 Main, Lostant, IL 61334

$89,000
$89,000
222 Main, Lostant, IL 61334
$89,000
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Price:
$89,000

Type Commercial
Year Built 1896

City Lostant
County La Salle

MLS 12081116
Status Active
Investor/Flipper Special: Mixed-Use Gem in Downtown Lostant Explore the potential of this exceptional mixed-use property located in the heart of downtown Lostant. Boasting a spacious main level retail or office space and three charming apartments on the second level, this property presents a unique opportunity for investors and flippers alike. Key Features: - Prime Location: Situated in downtown Lostant, offering easy access to local amenities and attracting both residents and visitors. - Versatile Main Level: Spanning 2,884 square feet, the main level features expansive retail or office space that can be easily customized or subdivided to suit various business needs. - Income Potential: Currently generating $1,700 per month from two rented apartments, with the opportunity to increase rental income by leasing out the third apartment and maximizing the commercial space. - Residential Appeal: The second level comprises two 1-bedroom apartments and a spacious 4-bedroom apartment with new AC, ideal for attracting tenants seeking comfortable living spaces in a quaint town setting. - Fixer-Upper Opportunity: Perfect for investors looking to add value through cosmetic updates and tenant improvements, ensuring swift occupancy and increased rental rates. - Historic Charm: Embrace the charm of a small-town atmosphere while capitalizing on the growing demand for mixed-use properties in up-and-coming communities. This property promises a solid foundation for both immediate rental income and long-term investment growth. Whether you're a seasoned investor or a first-time flipper, don't miss out on this opportunity to own a piece of Lostant's commercial and residential landscape. Schedule your showing today and unlock the potential of this versatile mixed-use property!

Lot & Building Features

Cooling Window Unit(s)
Tax Year 2022
Lot Dimensions .06 ft

Price History of 222 Main, Lostant, IL

Date Name Price Difference
12/31/1969 Listing Price $89,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Map of 222 Main, Lostant, IL

Location Map Street View
Photo of Peggie Grossman
Direct: 773-273-0050
Office
3580 W 95th Street
Evergreen Park, IL 60805
708-422-0011
Listed by Executive Realty Group, Jamie Unholz
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222 Main (MLS #12081116) is a commercial listing located in Lostant, IL. This property was listed on 06/11/2024 and has been priced for sale at $89,000.

Nearby zip codes are 61326, 61335, 61336, 61340 and 61354. This property neighbors other cities such as Granville, Magnolia, Mark, Mcnabb and Peru.

Midwest Real Estate Data

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Executive Realty Group