$435,000

1027 State Street is a $435,000 home on a 0.12 acre lot located in Chester, IL.
Turn-key income producing property right here! Restaurant tenant has 5 years remaining on a 10 year lease. Busy street frontage. Upstairs has 7 apartments ((3) Three 1 bed 1 bath; (4) Four efficiency.) Very low vacancy rate as in almost never. Walking distance to Gilster Mary-Lee and the business center of Chester. Roof is approximately 10 years old with EPDM roofing material. Most of the apartments have been remodeled and updated. Baseboard heat and window unit a/c. There is a covered porch area in the back with back steps for apartment hallway entrance. Parking in rear for tenants. Tenants rights are respected, so please allow 24 hours for showing requests. Listing agent/seller may be present at showings.
Above Grade Sqft | 8,000 |
Cooling Types | Window Unit(s) |
Heating Types | Individual Unit |
Parking Types | Gravel |
Exterior Features | Apartment Restaurant Ameren Close Of Escrow Office Professional Service Restaurant Retail City Street No Exemptions None Cable Available Electricity Available Gas to Site Sewer Available Water Available |
Water Source | Public |
Sewer | Public Sewer |
Property Type | Commercial Sale |
Property Sub Type | Commercial & Indr. |
Year Built | 1939 |
HOA Fee | $0.00 |
Taxes | $3,377.00 |
County | randolph-il |
Neighborhood | Swanwicks Add |
This information is from sources deemed reliable but not guaranteed. The information is for consumers' personal, non-commerical use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing. Data last updated 11/30/2023 at 10:59pm MST.