762 Chestnut StCanton, IL 61520

  • Commercial real estate
For Sale
$134,900 View listing

Property Details for 762 Chestnut St

Property type
Commercial real estate
APN
09-08-26-331-004
APU
90826331004

Description

This exceptional commercial property, located at 762 E Chestnut Street in Canton, Illinois, presents a lucrative investment opportunity. The property consists of two buildings totaling approximately 2200 square feet, situated on a prominent corner lot at the intersection of Chestnut and 8th Streets. The main building features two separate units, each currently leased for $1000 per month, generating a substantial monthly income stream. A detached 17 x 20 foot garage provides additional storage or workspace. The property boasts ample off-street parking, a significant advantage in a busy commercial area. Recent improvements include newer shingles, a refreshed front porch, and a recently installed furnace, minimizing immediate maintenance needs. This property is ideal for investors seeking a strong return on investment or for owner-occupants looking for a versatile commercial space. The asking price is $134,900. The property is zoned for commercial use and is located in Fulton County, Illinois, zip code 61520. The geographic coordinates are latitude 40.556932 and longitude -90.0235031. This is a rare opportunity to acquire a well-maintained, income-producing commercial property in a desirable location.

Location Insight

City
Canton
County
Fulton
State
Illinois
Latitude
40.5569
Longitude
-90.0235
CBSA code
37900
CBSA name
PEORIA, IL 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
2023
$2,781
$4,940
$23,300
$28,240
-
$14,820
$69,900
$84,720

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