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Description
Great investment opportunity in the heart of Waterman! Own a piece of local history with this mixed-use building located right on Route 30 in the center of downtown. The property features three upstairs apartments-two of which are currently rented, with one vacant-plus a street-level apartment that is also vacant. In addition, there are two storefront commercial spaces, one currently leased and the other available, offering excellent potential for rental income or owner-occupancy. Whether you're an investor looking to expand your portfolio or a buyer hoping to live and work in the same space, this property provides versatility, visibility, and value. Don't miss this unique opportunity in a prime location!
Property Highlights
Property Type: Commercial - Retail
Building Description: 2.0 stories
Year Built: 1900
General Information
County: DeKalb
Listed By:
Coldwell Banker Real Estate Group
815-756-2557
MRED MLS
MLS ID: 12381318
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000 E Lincoln Street, Waterman, IL 60556.
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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 | $375,000 | $375,000 | $375,000 |
| Down Payment | $75,000 | $13,125 | $93,750 |
| Monthly Mortgage Amount | $1,775 | $2,149 | $2,279 |
| Taxes | $522 | $522 | $522 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $165 | $0 |
| Monthly Estimated Total | $2,406 | $2,945 | $2,910 |