4575 State Rte 146 Hwy Anna, IL 62920

Property Details for 4575 State Rte 146 Hwy

Year built

1979

Lot size

0.94 lot acres

Property size

6,500 SF

Property type

Commercial real estate

Description

This exceptional 6,500 square foot commercial property in Anna, Illinois presents a compelling investment opportunity. Situated on a 0.94-acre lot at 4575 E State Route 146 Highway, the property boasts a diverse income stream from three fully rented apartments and 4,000 square feet of retail space. Current tenants provide consistent rental income, offering immediate return on investment and a solid foundation for future growth. The substantial retail space allows for expansion of existing businesses or the introduction of new ventures, catering to a variety of commercial uses. The property's location within a Tax Increment Financing (TIF) district offers potential future incentives, adding further value to this already attractive investment. This versatile property is ideal for savvy investors seeking a blend of stable income and significant upside potential. The existing infrastructure and established tenant base minimize initial risk, while the ample space and TIF district designation provide a clear path for long-term growth and profitability. This is a rare opportunity to acquire a well-positioned commercial property with immediate income and significant future development potential. Serious inquiries are encouraged.

Location Insight

City

Anna

County

Union

State

Illinois

Longitude

-89.1604

Latitude

37.4511