505 N Dixie Highway, MOMENCE IL 60954 Photo 1 505 N Dixie Highway, MOMENCE IL 60954 Photo 2
Listing Courtesy of Mccolly Bennett Real Estate

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505 N Dixie Highway - Great NNN Commercial Investment Property for Sale in Momence! Tenant pays ALL expenses, you sit back and collect a monthly check! 1,400 square foot restaurant, Stable Tenant with long term potential lease, listed at an 11% Cap, make an offer! Motivated seller, great investment opportunity! Call today!

Listing information

  • MLS® ID: 09358401
  • Status: Active
  • New Construction: No
  • County: Kankakee
  • Style: Retail / Hospitality / Service
  • Stories: 1
  • Foreclosure: No
  • Year Built: 1989
  • Parking Type Description: None 0 cars
  • Estimated Annual Taxes: $3,540


Air Conditioning Central Air
Approximate Age 26-35 Years
Construction Brick, Wood Frame
Current Use Commercial
Docks None
Electrical Service 101-200 Amps, Circuit Breakers
Exterior Building Type Brick
Extra Storage Spaces Available (Y/N) No
Fire Protection Ansul System
Floor Finish Tile
Foundation Concrete
Franchisor Feed(y/n) No
Frontage/Access City Street, State Road
Geographic Locale Out of Area
Heat/Ventilation Central Bldg Heat
Information 24-Hr Notice Required
Investment (Y/N) Yes
Known Encumbrances None Known
Misc Inside Handicapped Access
Other # Of Drive In Doors - 0, # Of Tenants - 1, # Of TL Docks - 0, # Of Units - 1, Approx Total Bldg Sq Ft - 1400, Ceiling Height (Ft) - 8, Expense Year - 2015, Gross Rentable Area - 1400, Gross Rental Income $ - 16500, Net Oper Income $ - 16500, Net Operating Income Year - 2015, Net Rentable Area - 1400, Tax Year - 2015, Total Annual Exp - 0, Total Annual Income - 16500, Total Monthly Income - 1375, Township - Momence, Zoning Type - Commr
Outdoor Parking 19-30 Spaces
Ownership Type Individual
Potential Use Commercial
Property Offered For Sale Only
Property Type Retail/Stores
Roof Coverings Membrane
Roof Structure Flat
Tenant Pays Air Conditioning, Common Area Maintenance, Electric, Heat, Insurance, Janitorial, Real Property Taxes, Repairs and Maintenance, Water/Sewer
Unincorporated (Y/N) No
Utilities To Site Electric to Site, Gas to Site, Sanitary Sewer to Site, Water-Municipal
Water Drainage Storm Sewers
Listing Courtesy of Mccolly Bennett Real Estate