400 Division StHarvard, IL 60033

  • Commercial real estate
  • 0.10 AC
For Sale
$198,500 View listing

Property Details for 400 Division St

Lot size
0.10 AC
Property type
Commercial real estate
APN
01-35-408-011
APU
135408011

Description

This exceptional mixed-use property, situated at 400 N Division Street in Harvard, Illinois, presents a compelling investment opportunity. Conveniently located off Route 14 and close to the downtown area, this building offers significant potential for a variety of small businesses. Currently configured as a dental/foot clinic, the property boasts a functional layout ideal for medical or professional services. The interior comprises a welcoming waiting room, a dedicated receptionist office, four well-appointed exam rooms, and two bathrooms. A partial basement provides additional storage or expansion possibilities. The property's strategic location near Route 14 ensures high visibility and accessibility, making it an attractive proposition for businesses seeking a strong presence in the Harvard market. The drive-through potential adds further appeal, enhancing convenience for customers and streamlining operations. This turnkey property is ready for immediate occupancy, offering a seamless transition for new owners. The asking price of $198,500 represents an excellent value for a well-maintained building in a desirable location. This is a rare opportunity to acquire a profitable, established business or to create a thriving new venture in a vibrant community. The property sits on a 0-acre lot.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $936,233
    Hospitality
    $857,584
    Educational
    $713,500
    Medical
    $738,038
    Retail
    $1,109,889

Location Insight

City
Harvard
County
Mchenry
State
Illinois
Latitude
42.421
Longitude
-88.6137
CBSA code
16980
CBSA name
CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$4,900
$7,729
$38,221
$45,950
-
$23,187
$114,663
$137,850

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