762 Chestnut StCanton, IL 61520

For Sale
$134,900

Two-unit building, high-yield investment.

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional commercial property, located at 762 E Chestnut Street in Canton, Illinois, presents a lucrative investment opportunity. The property consists of two buildings totaling approximately 2200 square feet, situated on a prominent corner lot at the intersection of Chestnut and 8th Streets. The main building features two separate units, each currently leased for $1000 per month, generating a substantial monthly income stream. A detached 17 x 20 foot garage provides additional storage or workspace. The property boasts ample off-street parking, a significant advantage in a busy commercial area. Recent improvements include newer shingles, a refreshed front porch, and a recently installed furnace, minimizing immediate maintenance needs. This property is ideal for investors seeking a strong return on investment or for owner-occupants looking for a versatile commercial space. The asking price is $134,900. The property is zoned for commercial use and is located in Fulton County, Illinois, zip code 61520. The geographic coordinates are latitude 40.556932 and longitude -90.0235031. This is a rare opportunity to acquire a well-maintained, income-producing commercial property in a desirable location.

Highlights

  • Two-building commercial property totaling 2,200 square feet in Canton, IL.
  • Located on a prominent corner lot at Chestnut & 8th Streets.
  • Two leased units, each generating $1,000/month in rental income.
  • Includes a detached 17' x 20' garage.
  • Ample off-street parking.
  • Recent improvements include new shingles, porch, and furnace.

Property Details for 762 Chestnut St

Property type
Other retail properties, Other office properties
Buildings
2

Location Insight

City
Canton
County
Fulton
State
Illinois
Latitude
40.556932
Longitude
-90.0235031
762 Chestnut St, Canton, Illinois

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762 Chestnut St
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