101 State StNokomis, IL 62075

Property Details for 101 State St

Property type

Commercial real estate

APN

08-23-159-013

APU

823159013

Description

This versatile commercial property located at 101 W State Street in Nokomis, Illinois, presents a unique investment opportunity. The building features a significant multi-tenant layout, ideal for a variety of businesses. A prominent feature is the 20' x 80' bar area, completely renovated in 2011. This space includes a well-maintained supply room with a walk-in cooler, approximately four years old, and a commercial exhaust hood, allowing for potential food service operations. Currently, a beauty shop occupies a portion of the building, benefiting from a long-term lease. A smaller office space, previously used for the bar's administration, is located at the rear. The upper level, while requiring renovation, offers substantial potential for conversion into multiple apartments or other uses. The property is being sold complete with all existing equipment, fixtures, and furniture. The motivated seller is eager to find the right buyer for this promising commercial property. The building sits on a 0-acre lot. The asking price is $59,900.

Location Insight

City

Nokomis

County

Montgomery

State

Illinois

Latitude

39.3008

Longitude

-89.2852

Property Tax & Assessments

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