For Sale
$129,000

53 Elm St Canton, IL 61520

Prime location, high potential, 6,472 sq ft

Overview

Added:
Feb 3
Days on market:
79
This exceptional 6,472 square foot commercial property, located at 53 W Elm Street in Canton, Illinois, presents a unique investment opportunity. Situated in the heart of downtown, directly across from the post office, this building enjoys unparalleled convenience and high visibility. Its prime location within both the BDD and TIF districts unlocks significant potential for redevelopment and future growth, making it an attractive prospect for a variety of commercial uses. The property boasts a wealth of functional features including a working elevator, original secure vaults, a convenient loading dock, seven air conditioning units, and six furnaces, ensuring efficient operation and minimizing upfront capital expenditure. The building retains its original architectural charm, offering a unique aesthetic appeal. While sold "as is," the seller demonstrates flexibility by being open to creative financing options, making this property accessible to a wider range of potential buyers. This is a rare chance to acquire a substantial commercial space in a thriving downtown area with significant upside potential. The property's size, location, and existing infrastructure make it an ideal candidate for renovation or adaptive reuse. Don't miss this opportunity to own a piece of Canton's vibrant commercial landscape.

Property Details for 53 Elm St

Property type
Commercial real estate
Square Feet
6,472 SF

Location Insight

City
Canton
County
Fulton
State
Illinois
Latitude
40.55607
Longitude
-90.03613

FAQs

What type of property is this?
Commercial real estate - Prime location, high potential, 6,472 sq ft
Where is the commercial real estate located?
The property is located at 53 Elm St Canton, IL.
What is the asking price?
The asking price for this property is $129,000.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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53 Elm St
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