Current Use by Public Records
- Warehouses
Property Details for 22319 Il Rte
- Year built
- 1991
- Property type
- Warehouses
- Property subtype
- Retail properties & Spaces
Description
This exceptional multi-use commercial property, situated on 2.63 acres at 22319 IL Route 9 in Tremont, Illinois (zip code 61742), presents a compelling investment opportunity. Built in 1991, the property comprises five buildings and offers a diverse range of income streams. Currently, the complex boasts 52 mini-storage units with a 93% occupancy rate, two fully occupied retail spaces, and a fully occupied auto garage complete with office space. This translates to a strong and reliable income stream, further enhanced by nearly $100,000 in capital expenditures over the past two years. The property's strategic location just outside Tremont city limits, with convenient access to I-155, Pekin, and East Peoria, ensures high visibility and accessibility. The property includes three addresses: 22319, 22325, and 22333 Illinois Route 9, all under one parcel ID and legal description. This versatile property is ideal for investors seeking a diversified portfolio or entrepreneurs looking to establish or expand their businesses. The combination of mini-storage, retail, and automotive services ensures a robust return on investment. The asking price for this exceptional property is $1,400,000.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Goodfield
- County
- Tazewell
- State
- Illinois
- Longitude
- -89.2752
- Latitude
- 40.6426
