9001 US Route 12 Richmond, IL ^$ 495,000

9001 US Route 12

^$ 495,000

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9001 US Route 12

Richmond, IL, 60071

^$ 495,000

Studio Baths0.0 Sq 4,000

Monthly Estimate*

^$ 3,458

9001 US Route 12, Richmond, IL 60071 - Image 1

9001 US Route 12, Richmond, IL 60071 - Image 2

9001 US Route 12, Richmond, IL 60071 - Image 3

Studio

Commercial Property for sale in Richmond, IL

for $495,000. This 4,000 square foot building was built in 1959 on a lot size of 0.89736.

FULLY LEASED INVESTMENT OR USER/INVESTOR OPPORTUNITY 2-UNIT AUTO CENTER 100% leased 2-unit automotive building with long leases thru 2029". Pete's Paint Works & Medina Cars are both long term tenants (since 1986 and 2016). All masonry building on US Highway 12. Pete's Paint address is 9001 and Medina Cars is 9003. (*) Medina expires 2026 with an option to renew thru 2029. Original building built in 1959 with additions. New Membrane roof and overhead doors. USER/INVESTOR POTENTIAL-Auto body tenant will move out for a buyer who needs his 2800 sf space. 8.7% CAP rate. Ask broker for rent roll and operating statement. Owner is a licensed Illinois Broker.

Commercial Active

Price

^$ 495,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 7,292

Style

Special Use

Lot Size

0.89736

Year Built

1959

Town/City

Richmond

County/Region

McHenry

MLS | Web ID

11616390

Features

General

Cooling Office Only Partial

Utilities Electric to Site Gas to Site Holding Tank/s Sanitary Sewer Water-Municipal Water to Site

Possession Tenant's Rights

Roof Membrane

Zoning COMMR

Construction Materials Brick Block

Year Built 1959

Electric Circuit Breakers Separate Meters Service - 101 to 200 Amps

Tenant Pays Taxes Insurance Repairs Roof

Stories 1

Township Richmond

Property SubType Automotive

Tax Year 2022

Current Use Special Use

Gross Income 53460

County Mc Henry

Net Operating Income 43048

Insurance Expense 1344

Property Type Commercial Sale Retail/Stores

Status Active

Directions 1/4 mile North of the stop light intersection of Route 12 and Route 31 PIQ at RR tresell

City Richmond

Total Units 2

MLS Area Richmond

Lot Size Square Feet 39089

Street Name US Route 12

Tax Annual Amount 7292

Additional Parcels Y/N N

Leasable Area 0

Days on Market 351

Standard Status Active

Interior

Flooring Concrete

Exterior

Foundation Details Concrete Perimeter

Building Area Total 4000

Lot Dimensions 278 X 200 X 188 X150

Frontage Type US Highway

Exterior Brick Block

* Excluded Features

List By

Premier Commercial Realty

Broker

brucek@premiercommercialrealty.com

Affordability Calculator

$4,065

Per Month

Monthly Principal & Interest: $3,458
Monthly Property Taxes: $608
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Richmond, IL

Average List Price ^$587,450

Percent of Sale Price 19%

About Richmond, IL

1,702 Population

21% Since 2002

^$63,672 Median Income

43.71 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
8/29/2022	$495,000		Listed Price

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9001 US Route 12, Richmond, IL, 60071 is a Commercial Property for sale at $495,000 with 4,000 sqft and a lot size of 0.89736. 9001 US Route 12 is a studio with 0.0 baths and was built in 1959. The property's zip code is 60071 which is in Richmond, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is 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.

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Data is updated as of 4/30/2024.

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9001 US Route 12

Commercial Property for sale in Richmond, IL

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