New Listing
154-156 E Railroad Street,Leland, IL 60531
Leland, IL 60531
Description
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.
Details
| MLS # | 12739298 |
|---|---|
| Listing Type | For Sale |
| Style | Mixed Use |
| Sub-Type | Resale |
| Status | Active |
| Year | 1891 |
| Days On Site | 6 |
| Listing Provided By | Coldwell Banker Real Estate Group | Charles Kirkwood |
Features
| Story(s) | 2 |
|---|---|
| Units | 3 |
| Zoning | COMMR |
| Acreage | 0.09 |
Interior
| Cooling | None |
|---|
Exterior
| Construction Materials | Brick, Block |
|---|
Utilities
| Electric | Circuit Breakers, Separate Meters |
|---|
Taxes
| Tax Year | 2025 |
|---|---|
| Tax Annual Amount | 1373.76 |
Area Information
| State | IL |
|---|---|
| County | LaSalle |
| City | Leland |
| Zip Code | 60531 |
| Area | Baker | Leland |
| Listing VS Median (in 60531) | |
Price: $259,900 low | high Med: $280,000 On site: 6 low | high Med: 104 | |
Market Activity 60531
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Learn More About This Property
| State | IL |
|---|---|
| County | LaSalle |
| City | Leland |
| Zip Code | 60531 |
| Area | Baker | Leland |
| Listing VS Median (in 60531) | |
Price: $259,900 low | high Med: $280,000 On site: 6 low | high Med: 104 | |
