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Listed by Laura Tomsa • Brummel Properties, Inc.
$ 320,000
Est. payment | /mo
4,120 SqFt
$ 320,000
Est. payment | /mo
4,120 SqFt
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 4,120 sqft
Price per Sqft $77
MLS Listing ID 12372824
Annual Tax Amount $4,259
Tax Year 2024
Lot Dimensions 31 X 120 X 36 X 120
Property Sub-Type Mixed Use
Property Description
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!
Location
State IL
County Kendall
Interior
Cooling Central Air
Fireplace Y
Exterior
View Y/N true
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