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1220 1st Street, Lasalle, IL 61301
$115,000
1220 1st Street, Lasalle, IL 61301View this property at 1220 1st Street, Lasalle, IL 61301
1220 1st StreetLasalleIL61301
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Property Description
Well maintained, fully leased, commercial building with 5-year tenant on 1st Street in Downtown La Salle - an excellent investment opportunity! This .13A parcel includes a 1,200 sq. ft. steel building (30'x40') with 2 drive-in 10' door bays, heated and A/C shop, 316 sq. ft. office, 52 sq. ft. mechanical room, and 42 sq. ft. bathroom. Built in 2006, this commercial property is a great opportunity to be part of La Salle's downtown resurgence. Two 10' wide by 8' high overhead doors, air compressor, slop sinks, cabinetry all included in the sale. A 5-year NNN lease was executed in January 2023 with increases in year 4 and 5 plus extension option. This parcel can be sold with MLS 11712158 for 1213 Canal St, La Salle, directly behind this parcel. Earnest money via certified funds payable to Coldwell Banker Commercial Real Estate Group.
Full Property Details
Full Property Details for 1220 1st St
General
- Sold For: $115,000
- Taxes: $1,462 (2021)
- Status: Closed
- Type: Commercial
- MLS ID: 11712159
- Added to Site: 463 day(s) ago
Interior
- Interior Features: Overhead Door(s), Private Restroom(s)
- Flooring: Carpet, Concrete
Additional Information
- Security/Safety: Smoke or Fire Protectors, Carbon Monoxide Detector(s)
Parking
- Total Spaces: 2
- Parking Features: 1 to 5 Spaces
Location
- Area: Dimmick / LaSalle
- County: La Salle
- Driving Directions: I-80 to IL351 exit south, left (east) on 1st Street, parcel on right. I-39 to US Rt 6 exit, left (west) on US Rt 6, left (south) on Sterling St, right (west) on 1st Street, parcel on left.
- Location Details: Southwest Suburban, Far West, Central Illinois
Heating & Cooling
- Cooling Type: Central Air Conditioning, Office Only, Window Unit(s)
- Heating Type: Forced Air
Utilities
- Onsite: Electricity to Site, Gas to Site, Sanitary Sewer, Municipal Water, Water to Site, Cable Available
Structural Information
- Construction: Steel Siding
- Exterior Const.: Steel Siding
- Foundation: Concrete Perimeter
- Roof: Metal
- Loading: Drive-In Doors, Service Entrance
- Sub-Flooring: Carpet, Concrete
- Stories/Levels: 1
- Square Feet: 1,200
- Year Built: 2003
Unit Information
- # Tenants: 1
Lot Features
- Lot Size (Sq. Ft.): 5,750
- Lot Dimensions: 50 x 115, .13A
- Drainage: Floor Drains, Storm Sewers
- Zoning: COMMR
Financial Considerations
- Lease Price: $10
- Operating Expenses: $600
- Security Deposit: Smoke or Fire Protectors, Carbon Monoxide Detector(s)
- Assessment Year: 2003
- Tax Amount: $1,462.82
- Tax Year: 2021
- Tenant Pays: Taxes, Insurance, Repairs, Sewer
Disclosures and Reports
- Property ID: 1815426002
Listed by Coldwell Banker Commercial Real Estate Group
Sold by Non Member
Get Pre-Approved Today
Schools
Schools serving 1220 1st St
School Districts:La Salle Elementary School District 122, La Salle-Peru Township High School District 120
Rating | Name | Grades | Distance |
---|---|---|---|
Jackson School
345 6th St, La Salle, IL 61301 | PK-PK | 0.8 mi | |
1735 Malcolm Ave, La Salle, IL 61301 | K-5 | 1.5 mi | |
1165 Saint Vincent Ave, La Salle, IL 61301 | 6-8 | 0.9 mi | |
541 Chartres St, La Salle, IL 61301 | 9-12 | 0.9 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1220 1st St
Date
Details
Price
Change
Source
6/21/2023
Sold
$115,000
-14.81%
MLS
2/03/2023
Listed
$135,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1220 1st Street, Lasalle, IL 61301 (MLS# 11712159) is a Commercial property that was sold at $115,000 on June 21, 2023. Want to learn more about 1220 1st Street? Do you have questions about finding other Commercial real estate for sale in Lasalle? You can browse all Lasalle real estate or contact a Coldwell Banker agent to request more information.