22319 Il Rte Tremont, IL 61742
- Commercial real estate
- 16,296 SF
- 2.63 lot acres
Current Use by Public Records
- Commercial real estate
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.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Tremont
- County
- Tazewell
- State
- Illinois
- Longitude
- -89.5052
- Latitude
- 40.5308