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$225,000
Est. payment /mo
7,000 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 3 - 4 Units
Listing Status Active
Purchase Type For Sale
Square Footage 7,000 sqft
Price per Sqft $32
Subdivision Il
MLS Listing ID 202602636
Style 2 Story
Annual Tax Amount $3,232
Tax Year 2025
Property Sub-Type 3 - 4 Units
Property Description
Own a piece of Poplar Grove history! There is no other building like this one in town. Located in an Enterprise Zone! Property may also be eligible for possible grants! Inquire with listing agent for links to Enterprise Zone and potential grant info. Commercial zoning (Central business). Situated in downtown Poplar Grove, it offers great exposure and great foot traffic for a business. Located next to the Long Prairie Trail that's a paved recreational trail offering biking and hiking with scenic views of woodlands, farmland, and prairies. Property has two upper units=both 1 BR/1 bath. There is also a huge 5 BR/2 bath unit with a large retro kitchen and a storefront for office/retail use=both on main floor. Could be a live-in landlord situation, while collecting rents to help pay your mortgage. All appliances included. Some hardwood flooring. Over 6,000 s.f.! Heated two car garage with hot water (unsure if garage water works). Storage shed. Huge four season room with heated flooring. Upper level covered deck and front porch. This property does need quite a bit of work, but it has lots of potential so bring your tools and ideas. The quaint community would love to see this multi-use property brought back to life. Great history: owned by former mayor, used to be a hotel for railroad workers in the 1800's, and much more history over the years. All units currently vacant. New water heater. Boiler approx 6 years old. Storage shed. Selling AS IS as part of an estate. SELLER HAS REDUCED PRICE BY $74,000! All information deemed reliable, but not guaranteed; buyer to verify all data. CASH OR REHAB LOANS ONLY.
Location
State IL
Area Boone County
Rooms
Basement Full
Interior
Hot Water Gas
Heating Hot Water/Steam, Radiant
Cooling Central Air, Window Unit
Exterior
Exterior Feature Siding
Garage Spaces 10.0
Roof Type Shingle,Metal
Building
Sewer City
Water City
Schools
Elementary Schools Poplar Grove Elementary
Middle Schools North Boone Middle
High Schools North Boone High
School District North Boone 200
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Listed by Keller Williams Realty Signature
NEARBY SCHOOL & BUSINESS
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Joanna Lewkowicz
Designated Managing Broker | Owner | 471.018027 471018027
+1(708) 963-0011 | joanna@boutiquehomerealty.com