Post Office Apartment
303 3rd Street Kell, IL 62853
303 3rd Street, Kell, IL, 62853
$75,000
For Sale
$75,000
Mixed-use building with a USPS-occupied post office and two apartment units, including one 1-bedroom unit.
Property Size3,550 SF
Price / SF$21.13
Days on Market141
Property Features for 303 3rd Street
General Information
- Standard status
- Active
- Size
- 3,550 SF
- Property subtype
- Commercial Sale / Mixed Use
Building Details
- Year Built
- 1908
Listing agency
Cross Davidson Real Estate
(618) 231-4453
Listed by
Lettie Johnson · License #475116283
(618) 231-4453
Source
Compass
Added: Mar 2 Updated: Jul 20 at 7:24PM Checked: Jul 21 at 8:14AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Cross Davidson Real Estate
Investment Insights
Based on property information with market context.
This mixed-use post office/apartment building includes a USPS-occupied post office and two apartment rentals. The post office has had many updates, and it is under a 4-year lease with a 5-year option. The seller pays the water utility only.
The upper apartment is a 1-bedroom unit with an open living area, a galley-style kitchen, and a full bath. The lower unit is in need of significant repair, and its configuration can be customized.
The building offers a straightforward live-and-serve setup for the residential component while maintaining an income base through the post office lease.
The upper apartment is a 1-bedroom unit with an open living area, a galley-style kitchen, and a full bath. The lower unit is in need of significant repair, and its configuration can be customized.
The building offers a straightforward live-and-serve setup for the residential component while maintaining an income base through the post office lease.
Key Highlights
- 1908 mixed‑use building with a USPS‑occupied post office plus two apartment units
- US Postal Service lease in place: 4‑year term with a 5‑year option at $7,100 per year
- Seller pays the water utility only under the USPS lease terms
Property Analytics
Location Intelligence
Current Use by Public Records
United States Postal ...
Shipping And Mailing Service
FAQs
What type of property is this?
Mixed-use property - Mixed-use building with a USPS-occupied post office and two apartment units, including one 1-bedroom unit.
Where is this mixed-use property located?
The property is located at 303 3rd Street Kell, IL.
What is the asking price?
The asking price for this property is $75,000.
What are key features of this property?
This property features: 1908 mixed‑use building with a USPS‑occupied post office plus two apartment units; US Postal Service lease in place: 4‑year term with a 5‑year option at $7,100 per year; Seller pays the water utility only under the USPS lease terms