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3015 W Delmar Avenue

Godfrey, IL 62035
  • $210,000
  • STATUS: Active
  • ON SITE: 14 Days
  • ID#: 21081778
UPDATED: 34 min ago
$210,000
  • 0
    BEDS
  • 1.6
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,400
    SQFT
  • $62
    $/SQFT
Type:
Commercial
Built:
1940
County:

School Ratings & Info

Description

AMAZING CORNER LOCATION - OWNER IS RETIRING! Prime corner location at intersection of IL Rt 3 and Clifton Terrace Rd. All 1.6 acres has commercial potential. This property includes a highly successful restaurant and a 2 BR/1 BA rental house of 800 sq/ft. Both have had active leases over the last 10 years. The restaurant has a lease agreement through December 2023. Total income for both is nearly $2k/mo. See supplement for picture showing included parcels. The restaurant includes 3400 sq/ft of retail space on highly visible property at a high traffic intersection. New fabric roof installed on restaurant in 2021. Parcels include: 24-1-01-29-03-302-009.003 and 24-2-01-29-03-302-007 and 24-2-01-29-03-302-008.

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Listing information © 2021 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2021-12-07T22:39:02.417.

Fusion Realty, LLC: 618.781.9170
www.fusionrealtyhomes.com/homes/123495996
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3015 W Delmar Avenue Godfrey, IL 62035

  • Price: $210,000
  • Status: Active
  • On Site: 14 Days
  • Updated: 34 min ago
  • ID#: 21081778
0
Beds
0
Baths
0
½ Baths
1.6
Acres
3,400
SQFT
$62
$/SQFT
1940
Built
County:
Madison
Property Description
AMAZING CORNER LOCATION - OWNER IS RETIRING! Prime corner location at intersection of IL Rt 3 and Clifton Terrace Rd. All 1.6 acres has commercial potential. This property includes a highly successful restaurant and a 2 BR/1 BA rental house of 800 sq/ft. Both have had active leases over the last 10 years. The restaurant has a lease agreement through December 2023. Total income for both is nearly $2k/mo. See supplement for picture showing included parcels. The restaurant includes 3400 sq/ft of retail space on highly visible property at a high traffic intersection. New fabric roof installed on restaurant in 2021. Parcels include: 24-1-01-29-03-302-009.003 and 24-2-01-29-03-302-007 and 24-2-01-29-03-302-008.
Exterior Features

Attached Garage YN No Construction Materials Conventional Lot Size Source Owner Parking Features Gravel Parking Total 25 Road Frontage Type State Road Roof AsphaltFlat Unit Location Corner LocationHigh Traffic

Interior Features

Above Grade Finished Area Source Owner Cooling Electric Heating Forced Air Heating YN Yes

Property Features

Association Greater Gateway Association Of Realtors Business Name Clifton Country Inn Commercial Type Special Purpose/Use Cross Street Clifton Terrace Rd Current Use One StoryMixed UseRestaurantStore FrontResidentialRestaurant Disclosures UnknownOccupancy Perm Req Electric 220 VoltsAmeren Inclusions Building & Land Lease Term More Than 3 Years Miscellaneous 2+ LavatoriesKitchen Facilities Net Operating Income 24000 Operating Expense Includes ElectricityGasHeat/CoolingInsuranceReal Estate TaxWater/Sewer Possession Close Of Escrow Possible Use RestaurantResidential Property Sub Type Commercial & Indr. Sewer Septic Tank Special Listing Conditions No ExemptionsNone Tax Annual Amount 4000 Tax Year 2020 Transaction Type Sale Utilities Electricity AvailableGas To SiteWater Available Water Source Public Zoning Special Use

Listing provided courtesy of Re/Max Alliance. Listing information © 2021 Mid America Regional Information Systems, Inc.
Listing information © 2021 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2021-12-07T22:39:02.417.

Fusion Realty, LLC: 618.781.9170
 
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