Address
3015 W Delmar Avenue Godfrey, IL
Price
$ 450,000
Property Attributes
- MLS#20047641
- TypeCommercial
- CountyMADISON-IL
- CityGodfrey
- Zip62035
- StyleRestaurant,Residential
- Year Built1940
- Taxes$ 8441
- Price$ 450,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage3800
- Lot Size4.5 Acres
Listing Provided Courtesy Of:
RE/MAX Alliance
Data Source:
Mid America Regional Information Systems (MARIS) - 71 - MO
Property Description
ESTABLISHED GODFREY BUSINESS NEEDS LANDLORD! Prime corner location. All 4.5 acres has commercial potential. This property includes a restaurant, and three rental houses. All four have had active leases over the last several years. The restaurant has a lease agreement through 2023. This 4.5 acre parcel will be subdivided upon sale. Highlighted picture shows approximate parcel. The restaurant includes 3800 sq/ft of retail space on highly visible property at a high traffic intersection. The rental houses include a 1300 sq/ft 3 BR/1BA unit and two 800 sq/ft 2 BR/1BA units. The owner averages a gross income of $3225/mo over the last 10 years.
| Price History | |
|---|---|
| 8/17/2020 | Listed $500,000 |
| 2/2/2021 | 10% - $450,000 |
General Features
| Attached Garage | No |
|---|---|
| City | Godfrey |
| Construction Materials | Conventional |
| Cooling | Electric |
| County | Madison-IL |
| Current Use | 1 Story, Mixed Use, Restaurant, Store Front, Warehouse, Bar/Tavern, Residential, Restaurant, Truck Garage |
| Days on Market | 198 |
| Directions | Corner of Clifton Terrace Rd. and IL-3 |
| Disclosures | Unknown, Occupancy Perm Req |
| Electric | 220 Volts, Ameren |
| Heating | Forced Air |
| Lease Term | More than 3 Years |
| Net Operating Income | 24000 |
| Possession | Close Of Escrow |
| Possible Use | Restaurant, Residential |
| Property SubType | Commercial & Indr. |
| Property Type | Commercial Sale |
| Roof | Asphalt, Flat |
| Sewer | Septic Tank |
| Showing Instructions | By Appointment Only, Call Listing Agent, Do Not Disturb Ten's |
| Standard Status | Active |
| Street Name | Delmar |
| Subdivision Name | none |
| Tax Annual Amount | 8441 |
| Tax Year | 2018 |
| Township | Godfrey |
| Utilities | Electricity Available, Gas to Site, Water Available, Sewer Available |
| Year Built | 1940 |
| Zoning | Special Use |
Interior Features
| Above Grade Finished Area | 3800 |
|---|---|
| Above Grade Finished Area Source | Owner |
| Heating Y/N | Yes |
| Street Suffix | Avenue |
Exterior Features
| Inclusions | Building & Land |
|---|---|
| Lot Size Acres | 4.5 |
| Lot Size Source | Owner |
| Lot Size Square Feet | 196020 |
| Parking Features | Gravel |
| Road Frontage Type | State Road |
| Total Parking | 25 |
| Water Source | Public |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 62035
Price
Taxes
Visits
Year Built
Walkscore
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Information is deemed reliable but is not guaranteed.
