Mixed-Use Investment

105 N. Main St. Montgomery, IL 60538

105 N. Main St. , Montgomery, IL, 60538
105 N. Main St. , Montgomery, IL, 60538
FOR SALE
Property Type:
Street Retail
Amount:
$225,000
Last Verified:
Jun 09, 2021

Highlights

  • 100% Leased
  • Onsite and street parking
  • New HVAC units, siding, and hot water heater
  • Two bedrooms and one bathroom apartment on the second floor
  • Main floor consists of two commercial units
  • 1,388 SF basement
  • Large attic for extra storage
  • Taxes 2020: $2,879.80

Description

Two-Story mixed-use property with 3 tenants in Downtown Montgomery

Located in Downtown Montgomery near Route 31 and Route 25

Building Size: 2776sq ft
Lot Size: 0.09 acres

Map of 105 N. Main St. , Montgomery, IL, 60538

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

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  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.