219 Washington Street

    MONTICELLO, IL 61856
    • $170,000
    • STATUS: Active
    • ON SITE: 174 days
    • MLS #: 10161971
    UPDATED: 41 min ago

    School Ratings & Info

    Description

    A rare opportunity to own an iconic 'destination' in downtown Monticello. This building has housed either a bar or a bar/restaurant for the last several decades. Located on a high traffic road through Monticello gives it high visibility & it has been a prominent landing-place for friends to meet. The 2 story building also has 3 apartments on the upper level. The basement of the building has concrete floors and is utilized; storage, walk-in cooler, mechanicals and an office. Leases; the bar has a successful business in place. This tenant has a lease through May 2021. All 3 apartments are occupied with month to month leases. Many recent updates: new PVC roof in 2016, The main level has a newer HVAC installed in 2012. The apartments HVAC unit was installed in 2014. New exhaust and fire suppression system added in 2017. Some equipment included with sale.

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    © 2019 Midwest Real Estate Data 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 MTP, MRED or Littlefield Group | Keller Williams Realty. Based on information submitted to the MRED as of 2019-06-24T16:53:02.133 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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    www.homesearchil.com/homes/90511399

    219 Washington Street MONTICELLO, IL 61856

    • Price: $170,000
    • Status: Active
    • Updated: 41 min ago
    • MLS #: 10161971
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    3,800
    SQFT
    $45
    $/SQFT
    1900
    Built
    Neighborhood:
    Atwood / Bement / Bondville / Cerro Gordo / Champaign / Cisco / Deland / Dewitt / Farmer City / Hamm
    County:
    Piatt
    Area:
    Atwood / Bement / Bondville / Cerro Gordo / Champaign / Cisco / Deland / Dewitt / Farmer City / Hamm
    Property Description
    A rare opportunity to own an iconic 'destination' in downtown Monticello. This building has housed either a bar or a bar/restaurant for the last several decades. Located on a high traffic road through Monticello gives it high visibility & it has been a prominent landing-place for friends to meet. The 2 story building also has 3 apartments on the upper level. The basement of the building has concrete floors and is utilized; storage, walk-in cooler, mechanicals and an office. Leases; the bar has a successful business in place. This tenant has a lease through May 2021. All 3 apartments are occupied with month to month leases. Many recent updates: new PVC roof in 2016, The main level has a newer HVAC installed in 2012. The apartments HVAC unit was installed in 2014. New exhaust and fire suppression system added in 2017. Some equipment included with sale.
    Exterior Features

    Construction Brick Foundation Brick Location Central Business District Lot Dimensions 25 X 80 Lot Sq Ft 2000 Number Of Parking Spaces 0 Roof Coverings Rubber Roof Structure Flat

    Interior Features

    Air Conditioning Central Air Number Of Apts 3 Number Of Offices 0 Number Of Stores 1 Number Of Stories 2

    Property Features

    Age Older Built Before1978 YN Yes Current Use Other Electricity Expense 0 Exterior Building Type Brick Fuel Expense 0 Geographic Locale Out Of Area Gross Rental Income Amount 23400 Heat Ventilation Forced AirGas Insurance Expense 2000 Insurance Expense Source Actual Known Encumbrances Right Of First Refusal Miscellaneous Outside Enclosed Stairs Net Oper Income Amount 0 Number Of Tenants 4 Other Expenses 0 Possession Closing Potential Use CommercialResidential-Multi-FamilyRetail Rental Price 6.16 Tax Year 2016 Taxes 2167.12 Tenant Pays Air ConditioningElectricHeatJanitorial Total Annual Exp 8900 Total Annual Expense Source Owner Projection Total Annual Income 23400 Total Monthly Income 1950 Township Monticello Water Expense 2160 Water Expense Source Actual Zoning Type Other

    Listing information © 2019 Midwest Real Estate Data LLC.
    Listing provided courtesy of Keller Williams-Trec-Mont.


    © 2019 Midwest Real Estate Data 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 MTP, MRED or Littlefield Group | Keller Williams Realty. Based on information submitted to the MRED as of 2019-06-24T16:53:02.133 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

    Digital Millennium Copyright Act
     
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    2441 Village Green Place
    Champaign IL, 61822