503 S Illinois Street

Description

Opportunity awaits at 501 & 503! This property offers a spacious and flexible layout with multiple rooms that could potentially be utilized as private office spaces, work areas, or suites, subject to the buyer’s verification of permitted uses and any required approvals. The property also features a full bath, a flexible dining or office area with a laundry nook, and a cellar for additional storage. Renovation work has been started in portions of the interior, including fresh paint in several rooms, while additional finishing work remains for the next owner to complete. The existing layout offers plenty of flexibility for an investor, owner-user, or buyer looking to bring their vision to the property. Important: The parcel is currently zoned Heavy Commercial. The property has historically been used as a multi-family residence and is grandfathered as multi-family per information provided by the City. Any continued residential use, commercial use, change of use, rezoning, variance, or other approvals desired by the buyer are the buyer’s responsibility and should be independently verified with the appropriate municipal authorities prior to purchase. Property is being sold AS IS. Seller will perform no inspections, repairs, or provide credits for repairs. Inspections are for the buyer’s information only. All information has been gathered from various sources and should be independently verified by the buyer and/or buyer’s agent.