1103 Main St Road, Spring Grove, Illinois 60081


$189,900

Sold
Status: Closed
Sqft: 1,100
Cost/Sqft: $173
Beds: 2
Baths: 1
Year Built:
Property Taxes: $4,198
Days On Market: 2072
Lot Size: 0,59
Map
Street View

Description

Excellent opportunity to live and work - B-1 zoning allows for a multitude of uses with a great location on a corner with stoplights and less than a 1/2 mile from busy Route 12. Big back yard, very clean 2 bedroom ranch, you can live here or rent it out for more income. The income from the billboard rental alone pays the real estate taxes! The house can also easily accommodate business offices if you don't need living quarters. If you've ever thought about running a business out of your home and like the idea of built in income with the adjacent buildings and billboards, this property has it all: a total of 4 buildings on .59/acre including the house, plus (2) 2+ car garages, one of which has 1 one car bay that's finished for an office including heat, plus a pole barn. The house and adjacent 2 car garage last rented for $1350/month and is now vacant and ready for you, the other 2 car garage and pole barn together rent for $250/month and are also vacant, PLUS billboards (4 - 4x8 sections) that can be rented for $150/each section for a total of $600/month when completely rented (currently 3 sections are rented) for a total of $2200/month income when fully rented. Superb cash flow. This is located in the County, not in the Village. 2019 furnace, 2018 water heater.

Property Specifics

Single Family
Ranch
None
No
0.59
Mc Henry
— / Not Applicable
None
Private Well
Septic-Private
10687817
0529152009

Nearby Schools

NAME: DISTRICT: DISTANCE:
High School
Richmond-burton Community High S
157 Not in DB

Property History

DATE: EVENT: PRICE: SOURCE:
28 Apr, 2021 Sold $189,900 MRED MLS
24 Mar, 2021 Under contract $189,900 MRED MLS
Last price change $198,900 MRED MLS
10 Apr, 2020 Listed for sale $224,900 MRED MLS

Room Specifics

All Bedroom Info:
Total Bedrooms: 2
Bedrooms Above Ground: 2
Bedrooms Below Ground: 0
Second Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Bathroom Info:
Full Bathrooms: 1
Partial Bathrooms: 0
Bathroom Amenities: —
Bathroom in Basement: 0
Additional Rooms Info:
Rooms: No additional rooms
Basement: None
Basement Description: Crawl

Other Specifics

6
Concrete Perimeter
Asphalt
Workshop
Corner Lot
25912
None
Range, Dishwasher, Refrigerator, Washer, Dryer
Not in DB
Street Paved

Tax History

Year Property Taxes
2021 $4,198

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Contact Agent

Listing Provided By

RE/MAX Advantage Realty