322 S PLAZA Road, Chillicothe, IL 61523 | PA1212115 | Mel Foster Brokerage, LLC

322 S PLAZA Road $349,000

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    322 S PLAZA Road Chillicothe, IL 61523

    • 0.71 Acres
    • Commercial
    • MLS# PA1212115
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    Views: 130 Days On Site: 471

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    Property Details

    Great retail strip for sale in Chillicothe, Illinois. NOI $45,000, 3 tenants with leases. Monicals Pizza, Chillicothe Liquors and Elite Studios. Great investment. Fully occupied retail strip center on Route 29 in Chillicothe. Next to Kroger. Current CAP rate of 13%!

    • General Features
      • Zoning Imp Comm
      • Annual Taxes $10,393
      • Tax Year 2018
      • Sale/Lease Includes Land,Building
    • Building Features
      • Cooling Central Air
      • Flooring Concrete
      • Roof Construction Asphalt/Fiberglass
      • Heating Forced Air,Gas
    • Property Features
      • Approx Acreage 0.71
      • Frontage Access C Paved 4Lane,State Road

    Contact

    • Mel Foster Insurance

    Neighborhood

    61523 (Chillicothe) Demographics

    42 Median Age
    214 Population Density (per sq. mile)
    32% College Educated
    $57,393 Estimated Median Income
    3,381 Estimated Total Home Owners
    1,104 Estimated Total Renters
    75% / 25% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    11,408 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $123,400 Median Sales Price
    12 Homes Sold
    16 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: $349,000
        1/23/2020 7:10:00 AM New in Database Source New Value: $349,000

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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.