313 1st Avenue Sterling, IL $ 299,000
313 1st Avenue
$ 299,000
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313 1st Avenue

Sterling, IL, 61081
$ 299,000
Baths0.0 Sq 5,184

Monthly Estimate*

$ 1,987

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Studio

Commercial Property for sale in Sterling, IL

for $299,000. This 5,184 square foot building was built in 1920 on a lot size of 0.000161.

Historic downtown commercial building that offers endless opportunities. building offers a mix of tenants or building can be purchased vacant. Property also offers some materials and plans to finish 2nd floor into additional rental income with 2 complete kitchens with bath sets and plans. Just the building is being sold. Call today!

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Commercial Active

Price

$ 299,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 5,163

Style

Commercial

Lot Size

0.000161

Year Built

1920

Town/City

Sterling

County/Region

Whiteside

MLS | Web ID

11945963

Features
General
Cooling Central Air
Utilities Electric to Site Gas to Site Sanitary Sewer Water-Private Company
Possession Closing
Roof Membrane
Construction Materials Wood Frame
Year Built 1920
Electric Circuit Breakers
Tenant Pays Air Conditioning Electricity Heat
Stories 2
Township Sterling
Property SubType Mixed Use
Tax Year 2022
Current Use Commercial
Gross Income 32400
County Whiteside
Net Operating Income 29400
Operating Expense 3000
Insurance Expense 0
Property Type Commercial Sale Mixed Use
Possible Use Commercial Retail
Status Active
Directions E. 3rd St. onto 1st Ave.
City Sterling
Total Units 4
MLS Area Sterling
Lot Size Square Feet 7
Street Name 1st
Tax Annual Amount 5163.92
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N N
Virtual Tour https://idx.paradym.com/idx/313-1st-Avenue-Sterling-IL-61081/4841283/prt/45
Days on Market 148
Standard Status Active
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Exterior
Foundation Details Concrete Perimeter
Building Area Total 5184
Lot Dimensions 24 X 135
Frontage Type City Street State Road
Exterior Brick
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Interior
Street Suffix Avenue
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* Excluded Features
List By
Re/Max Sauk Valley

Broker

sold@jimandtim.com

Email

Affordability Calculator

$2,417
Per Month
82%
18%
0%
Monthly Principal & Interest
$1,987
Monthly Property Taxes
$430
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/12/2023$299,000 Listed Price

Map


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313 1st Avenue, Sterling, IL, 61081 is a Commercial Property for sale at $299,000 with 5,184 sqft and a lot size of 0.000161. 313 1st Avenue is a studio with 0.0 baths and was built in 1920. The property's zip code is 61081 which is in Sterling, IL