Arrowsmith IL Real Estate & Commercial for Sale

THIS BUILDING WAS PREVIUOUSLY THE RED CROSS OFFICES WHEN CHANUTE AIR FORCE WAS AN ACTIVE MILITARY INSTALLATION. THE BASE WAS CLOSED IN 1994. THE BUILDING IS CURRENTLY UTILIZED AS A LANDSCAPE OPERATIONS OFFICE AS WELL AS EQUIPMENT STORAGE AND OFFICES . SOME INTERIOR WALLS HAVE BEEN REMOVED. THERE IS A CENTRAL AC UNIT IN THE OFFICE AREA... BUILDING IS HEATED WITH NATURAL GAS. METAL ROOF WITH MASONITE SIDING.

Welcome to Ruger's Bowling Alley - Where Entertainment Meets Opportunity! This impressive 32,000-square-foot facility offers a thriving business that blends classic bowling fun with modern amenities and has the potential to be so much more!!! Situated in a prime location, this establishment is not just a bowling alley; it's a diverse entertainment hub with numerous revenue streams. Enjoy 14 bowling lanes, perfect for casual games, all-ready set and active leagues, and tournaments. The lanes are well-maintained and provide a fantastic experience for bowlers of all skill levels. Dive into the world of gaming machines that add an extra layer of excitement. The bar and lounge area have been tastefully updated, providing a trendy space for patrons to unwind. With six recently remodeled ADA-compliant bathrooms, your venue is accessible to everyone, ensuring a welcoming and inclusive environment. Explore the potential of four dedicated rooms that can be rented for birthday parties or utilized as offices, providing additional revenue streams. With some upgrading the snack bar would ensure guests are well-fed, enhancing their overall experience and generating additional income. Benefit from the expansive 2,000-square-foot banquet room, ideal for private events. Consider transforming it into an arcade or batting cages to appeal to sports complex families looking for entertainment while waiting for their next games. Take advantage of the 2-bedroom, 1 full-bath apartment on-site, generating additional income and providing convenient living quarters for owners or staff. This is not just a bowling alley; it's an entertainment destination with multiple revenue streams. Whether you're a seasoned business owner or an aspiring entrepreneur, Ruger's offers an exciting opportunity to own a thriving establishment with limitless potential. Don't miss out - make this diverse entertainment hub yours today!

Outstanding opportunity to own 12 one to three year old townhomes all in right next to each other. This package home is bringing in $312,200 in annual income! Huge Value add opportunity with future rent increases. Comps are supporting 2000/month rents. Tenants pay for all utilities. Owner pays the HOA fee of $125/unit/year. Solar Panels have been installed on every home with EV Hookups in every garage. The Electric bills are next to nothing, saving your tenants money making them easier to rent. Essentially maintenance free due to age. The numbers work on this one. Many of these back up to water, a few of them vacant land. There is a community common area less than 1 block away, and Subdivision park with trails, basketball and tennis courts, sledding hills, and skate park. Location is near University of Illinois and Parkland College. Full list of financials, leases, rent rolls on file. NOTE: Owner owns a total of 22 units in this SubD. They are willing to bundle and create unique packages. Ask about the other duplexes available. Have banks that have all the financials on record and have approved the loan package for purchase (subject to financing guidelines)--

Great Investment opportunity, Building has two rental offices on the Ground Floor with the potential for a residential apartment on the second floor. The Larger Office is Currently Occupied by a State Farm Insurance Agent with a 5 year Lease. The smaller Office/Salon is one Room with a half bath and Laundry hookup, available to rent May 1st. The upstairs apartment is partially gutted and has a New 100 Amp Service installed with a separate meter. All of the Main Floor was Remodeled in 2023.

1.79 acres with this Prime piece of Real Estate- let your imagination take over. This price also includes the Subway building. Serious buyers only.

Freestanding Commercial Office building for sale or for lease. Free span steel structure, no load bearing walls. Office can be reconfigured to fit needs of occupant. Plenty of parking. Easy access directly off of I-39.

Great income producing property strategically located in the commercial side of town. On a major corridor connecting North Prospect shopping center and Marketplace Mall. One block west of the new Costco in the Mall. Almost two acres of land and 5800 sq. ft of well-built restaurant that is leased for 5 years renewable for two more terms of 5 years each. Gross rent of $7500/month. The vacant acre can be used to build an additional 6000 sq. ft building of your choice. The price for all is $2,150,000. The price for the vacant acre only is $1,100,000.

Great investment opportunity in downtown Pontiac with these two buildings that offer plenty of store front/office space in addition to an upper floor 2 bedroom apartment in each building. Both apartments and one store front are occupied. Established renters are an added bonus to these properties. Buildings were tuckpointed in 2023. Apartments were painted and new flooring installed in 2023. 107 commercial space has just been repainted and ceiling tiles replaced. Tenants pay all utilities except for garbage and sewer.

Great location and opportunity. Built for an auto dealership and it housed a very successful business for the last 15 years. Key-in ready opportunity to move in this modern and updated facility. Located in the heart of Champaign business district next to many major brand car dealerships with high traffic and easy highway access. Within few blocks from Market Place Mall and many other major retailers and amenities. Two free standing buildings set on more than 4 acres of prime commercial land. The show room offers 6200 square feet of open reception area with private offices for the managers and many staff cubicles. Private lunch/break room and a customer refreshment center. Separate men and women restrooms. High ceiling, open windows, and plenty of natural lighting. The second building is an auto repair facility with 9000 square feet having 9 bay repair shop, office area, auto part retail room, and more. This second building is now rented for the next 5 years generating $10,000 NNN monthly income. The open parking lot is asphalt paved and can accommodate more than 400 vehicles. 300 ft frontage with a private lake adding more beauty and elegance. All existing office furniture and repair shop equipment are included. This property is for sale or can be leased. The lease is for front office only as the back repair shop is already leased. Call to book your private showing appointment and own or lease this great business opportunity.

Own a Piece of History in Downtown Pontiac! The 3-Story "Rathbun Building" on the corner of Main & Madison St. is being offered for sale & presents numerous possibilities for a creative investor. 2 Businesses occupy the main floor level & currently provide $27,000/Yr. in rental income. 2nd & 3rd Floors need substantial work but offer massive potential.

Presenting Garden Court, an exceptional 102-unit multi-family property strategically located just 4 miles from the University of Illinois in Champaign-Urbana. The property, nestled with trees and foliage, offers a mix of 66 spacious two-bedroom, 1.1 bath units and 36 one-bedroom, one bath units. Approximately 50% of the residents are graduate students from the nearby university, giving the property a stable and robust tenant base, indicative of a reliable and consistent rental market. This well-maintained property guarantees easy commuting with swift access to Interstates 74 and 57. It further enhances resident convenience with 145 dedicated parking spaces. Proximity to a variety of shopping outlets and restaurants creates an ideal balance of urban convenience and suburban tranquility, adding significantly to Garden Court's appeal. In summary, Garden Court presents a unique blend of strategic location, diverse accommodations, and a stable tenant base, making it a rare and lucrative investment opportunity. Its closeness to the University of Illinois, ease of transportation, abundant parking, and the array of nearby amenities all contribute to its charm, creating an inviting and sustainable living environment that ensures a solid ROI for potential buyers.

This 3,075-square-foot building represents an excellent investment opportunity. Presently, the property is under lease to a restaurant establishment, making it an income-generating asset. A significant benefit is the ample parking space available, accommodating up to 45 vehicles, on a spacious half-acre lot. The property itself has been well-maintained and improved upon! Additionally, this building's location is strategically positioned just two blocks west of a more recent Starbucks establishment, further underlining the area's desirability and commercial potential. Whether considering the prime location, steady rental income, lease extension prospects, or the property's overall state of upkeep, this investment opportunity presents a compelling proposition for potential investors seeking a well-positioned and maintained asset.

Welcome to the epitome of charm and versatility in the heart of downtown Monticello! This expansive commercial building, boasting over 17,000 square feet, is currently operating as a thriving event center, with a rich history as a former brew pub & a church before that. Its prime location makes it an incredibly desirable investment opportunity.This property is an ideal venue for a variety of purposes. With its generous square footage, the building allows for diverse event possibilities, from weddings and corporate functions to art exhibitions and community gatherings.The strategic downtown location ensures high visibility and foot traffic, providing an invaluable advantage for businesses seeking exposure. Immerse yourself in the historic charm of Monticello while enjoying the modern amenities and potential this property offers. Property comes equipped with tables & chairs currently used in the events space. Tables & bar tops were made from the ORIGINAL floor beams used to build the church. Updates include a new metal roof just 2 years old as well as an all new HVAC system installed in 2016/2017. This property offers SO much, check it out today!