Sheri Paper
- Buy
- Sell
https://www.ruhlmortgage.com/GregCotton.html
Description
Nestled in the heart of historic downtown Peotone on Main Street, this versatile 4,213-square-foot commercial building offers excellent visibility and tremendous potential for a variety of uses. The main level features approximately 2,625 square feet of beautifully finished, move-in-ready office or retail space, complemented by additional garage and storage areas. Recently remodeled with a brand-new roof, updated HVAC system, fresh flooring, and modern finishes throughout the first floor, the property is in excellent condition and ready for immediate occupancy. Currently owner occupied, but will vacant prior to closing. Ideal for retail storefronts, professional offices, service businesses, or creative commercial ventures, the main level benefits from strong downtown foot traffic and Peotone's charming small-town appeal. The entire second floor has been gutted to the studs, providing a clean slate for future expansion-whether you choose to add income-generating apartments, more office space, additional storage, or another creative use. This rare combination of recent upgrades, prime location, flexible upper-level potential, and smooth transition to vacancy makes 120 W Main Street an outstanding opportunity for owner-occupants or investors looking to grow in one of Will County's most desirable downtown districts.
Property Highlights
Property Type: Commercial - Retail
Building Description: 1.0 stories
Year Built: 1930
General Information
County: Will
Listed By:
Village Realty Inc
708-478-1212
MRED MLS
MLS ID: 12587874
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120 W Main Street, Peotone, IL 60468.
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $357,000 | $357,000 | $357,000 |
| Down Payment | $71,400 | $12,495 | $89,250 |
| Monthly Mortgage Amount | $1,667 | $2,046 | $2,170 |
| Taxes | $497 | $497 | $497 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $157 | $0 |
| Monthly Estimated Total | $2,268 | $2,804 | $2,771 |
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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