Orion, IL 61273,1001 Division ST
Orion, IL 61273,1001 Division ST
Orion, IL 61273,1001 Division ST
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$205,000
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3,516 SqFt
Active

1001 Division ST Orion, IL 61273

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Key Details

Property Type Commercial

Sub Type Office/Tech

Listing Status Active

Purchase Type For Sale

Square Footage 3,516 sqft

Price per Sqft $58

MLS Listing ID 100000023

Tax Year 2025

Lot Size 0.310 Acres

Lot Dimensions 66,42,06,144,96,149

Property Sub-Type Office/Tech

Property Description

Recently renovated and remodeled office building turned salon suites featuring a freshly painted exterior/interior, updated windows, and new flooring throughout. The property also includes a fully updated restroom. Estimating that HVAC and LED lighting were updated in 2022/2023. The building consists of eight individual salon suites, with six currently leased at 300 per month. The current owner occupies three of the suites and intends for the business operations to continue as-is, with existing leases remaining in place. This property offers a solid investment opportunity with room for future growth through rent increases or additional leasing potential. Please note: Property taxes have not yet been reassessed, as the former owner was a nonprofit. Prospective buyers should factor a potential tax adjustment into their cash flow analysis.

Location

State IL

County Henry

Area Orion

Zoning Comm

Interior

Cooling Central Air, Gas

Fireplace N

Exterior

Roof Type Flat,Membrane

Building

Dwelling Type Office/Tech

Structure Type Brick/Stone Msn Pred


Midwest Real Estate Data (MRED) IDX
Listed by Hawkeye Commercial Real Estate 

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Dennis & Karen

Dennis & Karen

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+1(219) 213-3346

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1001 Division ST