301 Chestnut StLeroy, IL 61752

  • Other commercial real estate
  • 660 SF
For Sale
$450,000 View listing

Property Details for 301 Chestnut St

Year built
1971
Property size (Sq ft)
660 SF
Property type
Other commercial real estate
APN
30-21-321-001
APU
3021321001

Description

This exceptional 2,460 square foot commercial property is ideally located on a high-traffic corner lot in the heart of Leroy, Illinois, ensuring maximum visibility and exposure for your business. Previously utilized as a car dealership and automotive shop, this versatile space offers a multitude of possibilities for a variety of commercial ventures. The property features a prominent storefront, a well-appointed office area, and a spacious garage perfect for accommodating cars, trucks, or other equipment. Conveniently located external restrooms provide easy access for customers and employees. Ample parking is available on-site, ensuring convenience for all. The garage's depth is particularly well-suited for automotive-related businesses. The main office area is equipped with HVAC for year-round comfort, while the garage benefits from radiant heat. The property boasts a recently updated metal roof, installed within the last five years, providing long-term durability and peace of mind. This turnkey opportunity presents a rare chance to establish or expand your business in a thriving location with significant potential for growth. The property is priced at $450,000. All information is believed to be accurate but is not guaranteed.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $208,813
    Hospitality
    $191,272
    Educational
    $159,136
    Medical
    $164,609
    Retail
    $247,545
301 Chestnut St, Leroy, Illinois

Location Insight

City
Le Roy
County
Mclean
State
Illinois
Latitude
40.3451
Longitude
-88.761
CBSA code
14010
CBSA name
BLOOMINGTON, 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
$7,405
$12,400
$72,136
$84,536
-
$37,200
$216,408
$253,608

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