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154-156 E Railroad Street Leland, IL 60531

$259,900
Active / MLS# 12739298 / Commercial - Business / Leland
0 Beds

Get started investing or add this mixed use investment property to your portfolio. Located in downtown Leland this building features a first floor retail space as well as two apartments. There is a one bedroom one bath apartment on first floor and a two bedroom one bath apartment on the second floor. Building updates include new windows and new insulation plus a new roof was installed just 2 years ago. Both apartments have been completely updated with new LVP flooring, new drywall, doors, bathroom fixtures and vanities, kitchen cabinets and appliances. The first floor apartment has laundry in the unit, a separate kitchen and a nice sized family room. This unit also has access to the backyard with a fenced in area. The second floor apartment features soaring vaulted ceilings in the primary bedroom and family room. The first floor retail unit is approximately 900 sf. There is a good sized showroom upfront with display windows, a backroom, a kitchenette and a full bathroom with a shower. The building also has a full basement. Each unit is separately metered for electricity. There is one water meter and one gas meter. The retail unit and second floor apartment are occupied by the same tenant. The owner occupies the first floor apartment and will vacate upon sale making this a great opportunity for an owner occupant. This property is being sold as-is.

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Baird & Warner Kate Schumacher Agent Cell: 847.624.3153 Email

Property Details

Property Type: Commercial - Business
Cooling: None
Lot Size: 0.09 Acres
Stories: 2.0
Taxes: $1,373
Year Built: 1891

Feature Descriptions

Current Use: Commercial
Electric: Circuit Breakers, Separate Meters
Exterior: Brick, Block
Fire Protection: Carbon Monoxide Detector(s)
Flooring: Vinyl
HVAC: Electric
Lot Dimensions: 27x138x28x138
Miscellaneous Indoor: Basement
Parcel#: 0408208002
Units: 3

Location

See details and scored characteristics about this location.

Listing Office: Coldwell Banker Real Estate Group

Listing Office Phone: 630-232-6900



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