Cambridge, IL 61238,121 N PROSPECT ST #A & B
Listed by Chris Thompson • Mel Foster Co. Geneseo

$16,500

$45,900

64.1%
Est.Price: ?

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Est. payment /mo

3,750 SqFt


SOLD DATE : 10/06/2023

Key Details

Sold Price $16,500

Property Type Commercial

Sub Type Commercial

Listing Status Sold

Purchase Type For Sale

Square Footage 3,750 sqft

Price per Sqft $4

MLS Listing ID QC4245542

Sold Date 10/06/23

Originating Board rmlsa

Year Built 1907

Annual Tax Amount $1,075

Tax Year 2022

Lot Size 2,613 Sqft

Acres 0.06

Lot Dimensions 25x100

Property Description

This downtown Cambridge building has 2,500 sq. ft. of retail/office space on the main level with downtown street access plus alley access in the back. Upstairs via separate downtown entrance and stairwell are two 1 bedroom apartments, both of which should be vacant by 8/31/23. They are front and back units. The front one was rented for $350/month and the back one was rented for $450/month. The property is also in a TIF District through the VIllage of Cambridge so any repairs/updates are eligible for TIF reimbursement (see the Village for details). The building is being sold in "AS IS"' condition with the seller making no repairs. All appointments must be made 24 hrs in advance to allow for tenant notification.

Location

State IL

County Henry

Area Qcara Area

Zoning Commercial

Direction HWY 81 into Cambridge, N on Prospect St, property on the left

Interior

Heating Forced Air, Gas

Cooling Individual Units

Flooring Wood

Fireplace N

Exterior

View true

Roof Type Composition

Total Parking Spaces 4

Garage 1

Building

Faces HWY 81 into Cambridge, N on Prospect St, property on the left

Sewer Public Sewer

Water Municipal/City

Structure Type Brick

Others

Tax ID 18-07-263-019

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