1112 4TH Street Fulton, IL 61252
- Added:
- Apr 25, 2025
- Days on Market:
- 347
- Last Refresh:
- Apr 6 at 6:06 pm
Property Features for 1112 4TH Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- Commercial
- Standard status
- Active
- APN
- 01-28-165-009
- Lot size
- 0.10 Acres
Taxes and HOA fees
- Tax Year
- 2023
- Tax Description
- WEST FRACTION LOT 7 BLK 6112400x
- Tax Annual Amount
- 3162
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air
- Cooling system
- Central Air
Building Details
- Year built
- 1894
- Floors in Building
- 2
- Flooring type
- Tile, Wood
- Building materials
- Brick, Wood Siding
- Roof type
- Membrane
Listing agent Dennis Lauver License #B63532000/475.165634 (563) 242-3265
Listing office Coldwell Banker Howes & Jefferies REALTORS 345 5th Avenue South, Clinton, IL (563) 242-3265
Listing date Apr 25, 2025
MLS# QC4262646
Copyright © 2025 RMLS Alliance. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Overview
Mixed-Use Building with Restaurant
This mixed-use property in Fulton, Illinois, features a restaurant on the main floor and four apartments on the second floor. The main floor restaurant is currently in the second year of a 5-year lease, with a monthly rent of $1,750 plus utilities. The second floor contains four apartments. Apartment 1 has 2 beds and 1 bath and rents for $725. Apartment 2 has 1 bed and 1 bath and rents for $675. Apartment 3 has 2 beds and 1 bath and rents for $725. Apartment 4 has 1 bed and 1 bath and rents for $675. Tenants are responsible for their electric and gas and utilize the restaurant's dumpster for trash disposal. The landlord covers the apartments' water expenses, which total approximately $120 per month. In 2025, the property had new wiring installed for the restaurant's furnace, a new water heater installed, and the skylight on the second floor was replaced. The property is zoned commercial and sits on a 0.1-acre lot.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
N/A
Restaurant
Olivia's restaurant
Restaurant
Location Insight
- Map
- Local Demand
- City
- Fulton
- County
- Whiteside
- State
- Illinois
- Longitude
- -90.165875
- Latitude
- 41.865689
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - Mixed-use property featuring a restaurant and four apartments.
Where is this mixed-use property located?
The property is located at 1112 4TH Street Fulton, IL.
What is the asking price?
The asking price for this property is $289,000.
What are key features of this property?
This property features: Steady revenue stream from a main floor restaurant with an existing lease ($1,750/month plus utilities).; Four apartments on the second floor provide additional rental income.; Tenants responsible for their own electric/gas, reducing landlord expenses.
