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    219 W Washington Street

    MONTICELLO, IL 61856
    • $170,000
    • STATUS: Active
    • ON SITE: 125 days
    • MLS #: 10964803
    UPDATED: 44 min ago

    School Ratings & Info

    Description

    A rare opportunity to own an iconic 'destination' in downtown Monticello. This building has housed either a bar or a bar/restaurant for the last several decades. Located on a high traffic road through Monticello gives it high visibility & it has been a prominent landing-place for friends to meet. The 2 story building also has 3 apartments on the upper level. The basement of the building has concrete floors and is utilized; storage, walk-in cooler, mechanicals and an office. Leases; the bar has a successful business in place. This tenant has a lease through May 2021. All 3 apartments are occupied with month to month leases. Many recent updates: new PVC roof in 2016, The main level has a newer HVAC installed in 2012. The apartments HVAC unit was installed in 2014. New exhaust and fire suppression system added in 2017. Some equipment included with sale.

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    © 2021 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ani Real Estate. Based on information submitted to the MRED as of 2021-05-12T09:53:04.92 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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    219 W Washington Street MONTICELLO, IL 61856

    • Price: $170,000
    • Status: Active
    • Updated: 44 min ago
    • MLS #: 10964803
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.05
    Acres
    3,800
    SQFT
    $45
    $/SQFT
    1900
    Built
    Neighborhood:
    Bement / Bondville / Cerro Gordo / Cisco / Deland / La Place / Mahomet / Mansfield / Milmine / Monti
    County:
    Piatt
    Area:
    Bement / Bondville / Cerro Gordo / Cisco / Deland / La Place / Mahomet / Mansfield / Milmine / Monti
    Property Description
    A rare opportunity to own an iconic 'destination' in downtown Monticello. This building has housed either a bar or a bar/restaurant for the last several decades. Located on a high traffic road through Monticello gives it high visibility & it has been a prominent landing-place for friends to meet. The 2 story building also has 3 apartments on the upper level. The basement of the building has concrete floors and is utilized; storage, walk-in cooler, mechanicals and an office. Leases; the bar has a successful business in place. This tenant has a lease through May 2021. All 3 apartments are occupied with month to month leases. Many recent updates: new PVC roof in 2016, The main level has a newer HVAC installed in 2012. The apartments HVAC unit was installed in 2014. New exhaust and fire suppression system added in 2017. Some equipment included with sale.
    Exterior Features

    Construction Materials Brick Foundation Details Brick/Mortar Location Central Business District Miscellaneous Outside Enclosed Stairs Parking Total 0 Roof Rubber Roof Structure Flat

    Interior Features

    Cooling Central Air Electric Separate MetersAmeren Fire Protection Ansul System Heat Ventilation Forced AirGas Number Of Apts 3 Number Of Offices 0 Number Of Stores 1

    Property Features

    Additional Parcels YN No Built Before1978 YN Yes Electric Expense 0 Exterior Building Type Brick Fuel Expense 0 Geographic Locale Out Of Area Gross Income 23400 Gross Scheduled Income 23400 Insurance Expense 2000 Known Encumbrances Right Of First Refusal Lot Size Dimensions 25 X 80 Number Of Tenants 4 Operating Expense 8900 Other Expense 0 Owners Assoc YN No Possible Use CommercialMulti-FamilyRetail Tax Annual Amount 2459.86 Tax Year 2019 Tenant Pays Air ConditioningElectricityHeatJanitorial Service Total Monthly Income 1950 Trash Expense 0 Water Sewer Expense 2160 Zoning Other

    Listing information © 2021 Midwest Real Estate Data LLC.
    Listing provided courtesy of Keller Williams-Trec-Mont.


    © 2021 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ani Real Estate. Based on information submitted to the MRED as of 2021-05-12T09:53:04.92 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

    Digital Millennium Copyright Act
     
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