Shawn Stuenkel
Listing ID: 100000023
Sale: $205,000
Listing Courtesy Of Hawkeye Commercial Real Estate
Address: 1001 Division Street
City: Orion
State: IL
Postal Code: 61273
County: Henry
Property Remarks
Recently renovated and remodeled office building turned salon suites featuring a freshly painted exterior/interior, updated windows, and new flooring throughout. The property also includes a fully updated restroom. Estimating that HVAC and LED lighting were updated in 2022/2023. The building consists of eight individual salon suites, with six currently leased at 300 per month. The current owner occupies three of the suites and intends for the business operations to continue as-is, with existing leases remaining in place. This property offers a solid investment opportunity with room for future growth through rent increases or additional leasing potential. Please note: Property taxes have not yet been reassessed, as the former owner was a nonprofit. Prospective buyers should factor a potential tax adjustment into their cash flow analysis.
Features
Property Details
County: Henry
Property Type: Commercial Sale
Total Building SqFt: 3516
Approximate Lot Acres: 0.31
Exterior Finish: Brick/Stone Msn Pred
Sale/Rent: For Sale Only
Tax Year: 2025