2 Adams St Sullivan, IL 61951-1943

This 26,000 square foot, two-story medical office building in Sullivan, IL, presents a compelling value-add investment opportunity. Located at 2 W Adams St, in the B2 Central Business District, this Class C property sits on a 0.43-acre lot and was built in 1979. Currently featuring a mix of tenants, including a major hospital tenant (vacating upon sale), a newly renovated cardiac therapy/PT gym, and a vacant dental office, this property offers significant potential for redevelopment and lease-up. The gross lease structure provides a straightforward income stream. The building's central location in downtown Sullivan offers convenient access to major roadways (IL-121 and IL-32) and ample parking. The asking price is $1,095,000 ($42.12/SF). Detailed financial information and lease details are available upon request and execution of a Non-Disclosure Agreement. This property represents a chance to capitalize on the growing healthcare needs of the Sullivan community. The APN is 08-08-02-436-008.