1319 Chicago Ave Savanna, IL 61074

This exceptional 7,128 square foot commercial property located at 1319-1321 Chicago Avenue in Savanna, Illinois, presents a unique investment opportunity. Situated on a highly visible corner lot spanning 0.52 acres, this two-story building offers versatile space ideal for a variety of businesses. The property boasts a high-traffic location near a national quick-service restaurant, ensuring excellent customer visibility and accessibility. Currently, the building generates rental income from a basement-level business ($500/month) equipped with two 8,000-lb car hoists, an industrial air compressor, tire rotator, and mounting machine. This space is ideal for automotive repair or similar businesses. The main floor, previously used for retail and bar/tavern operations, is currently vacant, offering significant potential for a new tenant or owner-occupancy. The ample parking lot further enhances the property's appeal to potential customers. Adding to the income stream, a second-floor apartment generates an additional $400/month in rental income. The property is listed at $160,000 and offers a compelling blend of income-producing assets and significant potential for future growth. This is a rare opportunity to acquire a well-located, versatile commercial property with immediate income generation and substantial upside.