917 4Th StChillicothe, IL 61523

Property Details for 917 4Th St

Property type

Commercial real estate

APN

05-20-480-010

APU

520480010

Description

This exceptional mixed-use property, located at 917 N 4th St in Chillicothe, Illinois, presents a unique investment opportunity. The 7,779 square foot building, constructed in 1978, is classified as Class B and sits on a 0.99-acre lot zoned C2. Currently vacant, this single-story structure offers significant potential for various uses. Previously occupied by a bank and an architectural firm, the building boasts a versatile layout. The main level offers 7,779 square feet of finished space, ideal for retail or office use. Furthermore, an additional 7,779 square feet of finished usable space is available in the basement, totaling 15,558 square feet. The separate unit previously occupied by the architectural firm provides flexibility for multiple tenants or expansion. Situated on a main road, the property benefits from high visibility and easy accessibility, making it an attractive option for businesses seeking a prominent location in Chillicothe. The asking price is $599,000, translating to $77 per square foot. This represents a compelling opportunity to acquire a substantial property in a desirable location with significant upside potential. The property's history as a bank and office space provides a solid foundation for future development and adaptation to a variety of commercial uses.

Location Insight

City

Chillicothe

County

Peoria

State

Illinois

Latitude

40.9176

Longitude

-89.4887

CBSA code

37900

CBSA name

PEORIA, IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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