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16 S Wesley Avenue

Mount Morris, IL 61054
  • $149,999
  • STATUS: Active
  • ON SITE: 14 Days
  • MLS #: 11302197
UPDATED: 51 min ago
$149,999
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1930
County:
Area:

School Ratings & Info

Description

Investment Opportunity! Income producing timeless beauty sits on the corner lot of the town square central business district in a lovely park setting. Existing leasing tenants with rental contracts in place with owner lease back. Ogle county historic building with 3 stories of approx. 17,500 sq. ft. of office space. Building has a common inside corridor with multi-tenant areas, separate utilities for renters, central air, private and public restrooms, pre-wired PC network, basement with additional storage and provides 50+ off street parking options.

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© 2022 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or BNRealty | RE/MAX Rising. Based on information submitted to the MRED as of 2022-01-25T23:58:17.537 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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16 S Wesley Avenue Mount Morris, IL 61054

  • Price: $149,999
  • Status: Active
  • On Site: 14 Days
  • Updated: 51 min ago
  • MLS #: 11302197
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1930
Built
Neighborhood:
Mount Morris
County:
Ogle
Area:
Mount Morris
Property Description
Investment Opportunity! Income producing timeless beauty sits on the corner lot of the town square central business district in a lovely park setting. Existing leasing tenants with rental contracts in place with owner lease back. Ogle county historic building with 3 stories of approx. 17,500 sq. ft. of office space. Building has a common inside corridor with multi-tenant areas, separate utilities for renters, central air, private and public restrooms, pre-wired PC network, basement with additional storage and provides 50+ off street parking options.
Exterior Features

Docks None Exterior Building Type Brick Foundation Details Block Frontage Type City StreetEasementTownship Road Outdoor Parking 51-100 SpacesLightedOpenPavedPrivate Lot Parking Total 50 Roof Composition Roof Structure Pitched

Interior Features

Cooling Central AirZonedCeiling Fan(S) Flooring Varies Heat Ventilation Electric Miscellaneous Inside AtriumInside Corridor/SMulti-TenantPrivate Restroom/SPublic Restroom/SStorage InsideBasementHigh Speed Comm CircuitsPre-Wired Pc NetworkFurnished Units Available Number Of TLDocks 0

Property Features

Additional Parcels YN No Approximate Age Older Building Area Total 17500 Built Before1978 YN Yes Current Use CommercialOffice Electric Circuit Breakers Fire Protection Alarm On SiteFire Extinguisher/SHydrants On SiteSmoke Or Fire Protectors Geographic Locale Out Of Area Gross Income 48000 Gross Scheduled Income 48000 Leasable Area 17500 Location Central Business DistrictCornerMixed Use AreaOffice ParkPark Adjacent Mls Actual Status Active Net Operating Income 0 Number Of Tenants 2 Operating Expense 0 Ownership Types Corporation Possible Use CommercialOffice And Research Property Offered For Sale Only Property Sub Type Office Seller Will Lease Back Tax Annual Amount 5844 Tax Year 2020 Tenant Pays Air ConditioningElectricityHeatSewerVaries By Tenant Total Monthly Income 4000 Township Mt. Morris Type Office/Tech Utilities Electric To SiteGas To SiteSanitary SewerWater-CommunityWater To SiteWell-Community Zoning Offic

Listing information © 2022 Midwest Real Estate Data LLC.
Listing provided courtesy of Re/Max Of Rock Valley.


© 2022 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or BNRealty | RE/MAX Rising. Based on information submitted to the MRED as of 2022-01-25T23:58:17.537 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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