2-4 Front Street # 2-4 Newark, IL $ 320,000
2-4 Front Street # 2-4
$ 320,000
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2-4 Front Street # 2-4

Newark, IL, 60541
$ 320,000
Bedrooms-- Baths-- Sq 4,120

Monthly Estimate*

$ 1,996

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Commercial Property for sale in Newark, IL

for $320,000. This 4,120 square foot building was built on a lot size of 0.689991.

Welcome to this prime investment opportunity in the heart of downtown Newark, Kendall County! This charming mixed-use building features two residential apartments and a bustling retail space currently operating as a popular hair salon. The property boasts a strategic corner location with exceptional visibility and foot traffic, making it an ideal spot for a variety of retail businesses. The evolving downtown area is experiencing steady growth, attracting more visitors and residents alike. The two well-appointed apartments offer comfortable living spaces, perfect for tenants seeking the convenience of living near shops, cafes, and local amenities. Each unit features modern finishes, natural light, and ample storage, including a full basement. Whether you're looking to extend the current salon business or explore new retail ventures, this versatile building provides endless possibilities. Don't miss out on the chance to invest in a thriving location with the potential for excellent returns. Welcome to your next big opportunity in downtown Newark!

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Commercial Active

Price

$ 320,000

Property Type

Commercial

Taxes

$ 4,259

Style

Lot Size

0.689991

Town/City

Newark

County/Region

Kendall

MLS | Web ID

12372824

Features
General
Cooling Central Air
Year Built 0
Electric Circuit Breakers
Stories Count 2
Township Big Grove
Unit Number 2-4
Property Subtype Mixed Use
Tax Year 2024
Gross Income 0
County Kendall
Insurance Expense 0
Property Type Commercial Sale Mixed Use
Status Active
Directions Route 71 to Johnson Street south to Front Street on the corner
City Newark
Number Of Units Total 3
MLS Area Newark
Lot Size Square Feet 30056
Tax Annual Amount 4259.9
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N N
Standard Status Active
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Interior
Total Fireplaces 0
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Exterior
Building Area Total 4120
Lot Dimensions 31 X 120 X 36 X 120
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* Excluded Features
List By
Brummel Properties, Inc.

Broker

Laura@brummelproperties.com; Lauratomsa@me.com

Email

Affordability Calculator

$2,351
Per Month
85%
15%
0%
Monthly Principal & Interest
$1,996
Monthly Property Taxes
$355
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/13/2025$320,000 -8.57% Price Down
5/22/2025$350,000 Listed Price

Map


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2-4 Front Street # 2-4, Newark, IL, 60541 is a Commercial Property for sale at $320,000 with 4,120 sqft and a lot size of 0.689991. The property's zip code is 60541 which is in Newark, IL