Sheri Paper
- Buy
- Sell
https://www.ruhlmortgage.com/GregCotton.html
Description
Located on Main Street in Richmond, IL, this highly visible storefront sits along the primary route traveled by nearly all visitors heading to Lake Geneva, offering exceptional exposure and daily traffic. The property features a successful storefront business currently under a signed five-year lease that ends in October of 2030, providing immediate income stability. The building offers a versatile layout including a prominent storefront, a large on-site parking lot, and an expansive open garage space with high ceilings, ideal for a variety of commercial or service uses. Additional spaces include a middle office, a back-office area, and a private upstairs office, allowing for flexible operations or multi-use functionality. The property is equipped with four handicapped-accessible bathrooms, enhancing usability for both employees and customers. The current owners utilize the back office to operate the adjacent ABC Storage business. Important Note: This building is being sold only in conjunction with the adjacent ABC Storage property and is not available as a standalone sale, presenting a unique opportunity to acquire an additional income-producing commercial package in a high-traffic corridor.
Property Highlights
Property Type: Commercial - Industrial
Building Description: 1.0 stories
Year Built: 1960
General Information
County: McHenry
Listed By:
Platinum Partners Realtors
630-435-3500
MRED MLS
MLS ID: 12561754
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10709 N Main Street, Richmond, IL 60071.
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563-441-1862
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $1,000,000 | $1,000,000 | $1,000,000 |
| Down Payment | $200,000 | $35,000 | $250,000 |
| Monthly Mortgage Amount | $4,669 | $5,808 | $6,078 |
| Taxes | $1392 | $1392 | $1392 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $600 | $0 |
| Monthly Estimated Total | $6,353 | $8,092 | $7,762 |
Sheri Paper
REALTOR®
Cell: (563) 343-7688
Licensed in IA & IL
Davenport Office
4545 Welcome Way
Davenport, IA 52806
(563) 441-5100
Davenport, IA 52806
(563) 441-5100
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