Team Brown
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- Sell
https://www.ruhlmortgage.com/ChrisSchneider.html
Description
This historic mixed-use commercial and residential property, originally built in 1905 as the Mansion on the Hill, presents a rare investment opportunity with the potential to generate $31,295.00 in net annual income. The three-story building with a full basement and finished attic offers approximately 4,192 SF and blends timeless architectural character with modern income-producing uses. The main level is zoned for commercial/retail, while the upper floors feature furnished apartments and trendy loft-style Air B&B units. The property is partially leased, providing immediate income with additional upside. Notable features include a large covered sitting porch, an elevator lift to the basement, water and laundry included, and a 20-space on-site parking lot. Ideally located near the interstate, airport, and surrounding cities, this property is well suited for an investor or owner-user seeking a distinctive historic asset with strong accessibility and long-term potential.
Property Highlights
Property Type: Commercial - Retail
Building Description: 3.0 stories
Available Sqft: 1600
Year Built: 1905
General Information
County: Peoria
Listed By:
RE/MAX Traders Unlimited
RMLSA
MLS ID: PA1263683
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6001 S Adams Street, Unit 4, Bartonville, IL 61607.
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563-441-1862
toll free 866-441-1862
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $325,000 | $325,000 | $325,000 |
| Down Payment | $65,000 | $11,375 | $81,250 |
| Monthly Mortgage Amount | $1,559 | $1,939 | $2,008 |
| Taxes | $452 | $452 | $452 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $143 | $0 |
| Monthly Estimated Total | $2,111 | $2,634 | $2,560 |
Team Brown
Cell: (563) 271-3037
Licensed in IA & IL (Moira)
Bettendorf Office
1228 Middle Road
Bettendorf, IA 52722
(563) 441-5000
Bettendorf, IA 52722
(563) 441-5000
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