22319 Il Rte Tremont, IL 61742

Property Details for 22319 Il Rte

Year built

1991

Lot size

2.63 lot acres

Property size

16,296 SF

Property type

Commercial real estate

Description

This exceptional multi-use commercial property presents a lucrative investment opportunity in Tremont, Illinois. Strategically located on IL Route 9, with convenient access to I-155, Pekin, and East Peoria, this property boasts a diverse income stream from multiple established businesses. The 16,296 square foot building sits on a 2.63-acre lot and comprises 52 mini-storage units (currently 93% occupied), two fully occupied retail spaces, and a fully occupied auto garage with office space. This diverse tenant mix ensures a consistent and reliable income stream. The property has enjoyed high occupancy rates, demonstrating strong market demand. Over the past two years, nearly $100,000 has been invested in capital expenditures, ensuring the property's continued excellent condition and operational efficiency. The property is offered at $1,250,000 and includes three addresses: 22319, 22325, and 22333 Illinois Route 9, all under one parcel ID and legal description. This turnkey operation is ideal for investors seeking a diversified portfolio with immediate cash flow and significant growth potential. The combination of established businesses and high occupancy rates makes this a truly exceptional investment opportunity. Don't miss the chance to acquire this well-maintained, high-performing commercial property in a prime location.

Location Insight

City

Tremont

County

Tazewell

State

Illinois

Longitude

-89.5052

Latitude

40.5308