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1007 S Division Avenue Polo, IL $ 310,000
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$ 310,000 Get more info
1007 S Division Avenue
$ 310,000
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1007 S Division Avenue

Polo, IL, 61064
$ 310,000
Baths0.0 Sq 5,464

Monthly Estimate*

$ 2,165

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Studio

Commercial Property for sale in Polo, IL

for $310,000. This 5,464 square foot building was built on a lot size of 1.37987.

12 unit motel with attached 2 bedroom 1 bath managers apartment, a one car garage, 44 x 26 garage with 8' overhead doors, and an extra lot that can be used to build garages or storage space. All equipment and chattels to operate the motel are included plus the marquee sign. The motel exterior front wall is Permastone and steel siding on the sides and back. Financials available to qualified buyer and signing a confidentiality agreement.

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Commercial Active

Price

$ 310,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 5,331

Style

Hotel/Motel

Lot Size

1.37987

Town/City

Polo

County/Region

Ogle

MLS | Web ID

12029213
Features
General
Cooling Wall Sleeve
Utilities Sanitary Sewer Water-Municipal
Possession Closing
Roof Metal
Zoning COMMR
Tenant Pays Electricity Janitorial Service Taxes Insurance Scavenger Sewer
Stories 1
Tax Year 2022
Business Type Hotel/Motel
Business Name NEW VILLAGE INN MOTEL
County Ogle
Operating Expense 0
Property Type Business Opportunity Bus / Bus w/Real Est
Status Active
Directions South Division Avenue on the West side of street.
City Polo
MLS Area Polo
Lot Size Square Feet 60107
Street Name Division
Tax Annual Amount 5331.96
Additional Parcels Y/N N
Days on Market 6
Standard Status Active
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Exterior
Building Area Total 5464
Lot Dimensions 1.3
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Interior
Street Suffix Avenue
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* Excluded Features
List By
Northwest Illinois Realty, Llc

Broker

JohnRosengren@gmail.com; johnrosengren@gmail.com

Email

Affordability Calculator

$2,610
Per Month
83%
17%
0%
Monthly Principal & Interest
$2,165
Monthly Property Taxes
$444
Monthly 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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THE TIME TO SELL IS NOW!
Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
4/15/2024$310,000 Listed Price

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1007 S Division Avenue, Polo, IL, 61064 is a Commercial Property for sale at $310,000 with 5,464 sqft and a lot size of 1.37987. 1007 S Division Avenue is a studio with 0.0 baths. The property's zip code is 61064 which is in Polo, IL

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