606 N Main Street
Woodlawn, IL 62898

Description

This building in downtown Woodlawn provides investment potential that makes sense. The base tenant is the US Post Office on the main level, Then there are 4 income-producing apartments on both levels. A Multi-year lease has recently been renewed for the lower level commercial space. All apartment units are leased. The two upstairs units share a washer/dryer. Monthly income post office $527;#2 $600:#3 $575:#4 $675 = $2,377! If it's time to open that cafe, coffeehouse or retail store you have always fantasized about then this is the place. Post Office: new A/C 6 years ago, new water heater 2 yrs ago. Unit #2: new refrigerator and furnace in 2017.

Details

MLS#411743
Sub-TypeResale
StatusActive
Year1914
Days On Site500

Features

SQ Feet4,680
Units4
Building(s)1

Additional Information

Tax Exemption0
Tax Year2015
Approximate Taxes3006.00

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Area Information

StateIL
CountyJefferson
CityWoodlawn
Zip Code62898
CountyJefferson
Listing VS Median (in 62898)
Price:
$189,000
low | high
Med:
$189,000
50% of Average
SqFt:
4,680
low | high
Med:
4,680
50% of Average
$ / SqFt:
$40
low | high
Med:
$40
50% of Average
On Site:
500
low | high
Med:
500
100% of Average
Listing Updated: 07/14/2018
MLS Number: 411743
Listing Provided By:
Brian Wood  of  Cross Davidson Real Estate

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