105 Jefferson Street, Hanover, IL 61041 | 20200039 | Mel Foster Brokerage, LLC

105 Jefferson Street $125,000


    105 Jefferson Street Hanover, IL 61041

    • 5,808 sq. ft.
    • Commercial
    • MLS# 20200039
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    Views: 168 Days On Site: 157

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    Property Details

    REDUCED! Don't miss out on this Great Income Opportunity! This beautiful commercial building is located on a high traffic area and boasts over 2500 square feet on the main floor with 2 1100 square feet two-bedroom apartments on the upper level. The entire storefront was renovated in 2016 which included new poured concrete steps, new electric, drywall, flooring, plumbing and a Hi Efficiency furnace. In 2018 an addition was added to accommodate a handicap entrance with a loading dock and an 8 X 7 overhead door. Also, in 2018 a new roof was installed. The property is fully occupied and the grocery store will be opening in the spring of 2020. Current monthly income is $1,600 per month!

    • General Features
      • Electric Circuit Breaker, Fuses
      • Flooring Wood, Tile, Concrete
      • Heat Gas
      • Insulation Yes
      • Roof Shingle
      • Sewer City
      • Taxes 487.54
      • Tax Year 2019
      • Type Mixed Use
      • Walls Drywall, Plaster
      • Water City
      • Water Heater Natural Gas
      • Year Built 1940
    • Building Features
      • Basement Unfinished
      • Exterior Brick
      • Total Square Feet 5,808
      • Warehouse SqFt 1056
    • Property Features
      • Area Jo Daviess County
      • Lot Size Back 62
      • Lot Size Front 62
      • Lot Size Side1 100
      • Lot Size Side2 100
    • Schools
      • School District River Ridge


    • Mel Foster Insurance


    61041 (Hanover) Demographics

    51 Median Age
    17 Population Density (per sq. mile)
    23% College Educated
    $47,396 Estimated Median Income
    394 Estimated Total Home Owners
    124 Estimated Total Renters
    76% / 24% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    997 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $106,500 Median Sales Price
    2 Homes Sold
    1 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $125,000
        12/2/2020 1:36:00 PM New in Database Source New Value: $125,000

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        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.