53 Elm St Canton, IL 61520

This exceptional commercial property, located at 53 W ELM Street in Canton, Illinois, 61520, presents a unique investment opportunity. Priced at $129,000, this property offers a blend of historical charm and significant redevelopment potential. Situated in a prime downtown location directly across from the post office, it benefits from high visibility and convenient access to numerous amenities. The building itself boasts a wealth of original architectural details, adding character and appeal. Functional features include a loading dock, elevator, original vaults, seven air conditioning units, and six furnaces. The property's classification includes land, office, retail, and industrial uses, offering flexibility for a variety of potential projects. Importantly, this property is situated within both the BDD and TIF districts, opening doors to various redevelopment incentives and programs. The property is sold "as is," and the seller is open to exploring creative financing options to facilitate a smooth transaction. This is a rare chance to acquire a well-located, historically significant property with substantial upside potential in a thriving Illinois community. The latitude and longitude coordinates are 40.556055, -90.0361169 respectively.