Derrick Klauer
- Buy
- Sell
https://www.ruhlmortgage.com/GregCotton.html
Description
INVESTOR & ENTREPRENEUR OPPORTUNITY - BRING YOUR VISION! Looking for a commercial property you can transform into something uniquely yours? This diamond in the rough offers the perfect opportunity for an investor, developer, or business owner ready to unlock its potential. The property is in need of substantial renovation and is being sold AS-IS, making it an excellent candidate for a complete redesign, redevelopment, or value-add investment. Instead of paying a premium for someone else's improvements, start with a blank canvas and create a space tailored to your business or investment strategy. With the right vision and improvements, the property could potentially be repositioned for retail, office, professional services, studio space, neighborhood business use, or another commercial concept, subject to zoning and municipal approval. Opportunity is knocking-bring your contractor, your creativity, and your vision. This one isn't about what the property looks like today; it's about what you can turn it into tomorrow. Sold AS-IS. Buyer responsible for verifying zoning, permitted uses, property condition, and renovation requirements.
Property Highlights
Property Type: Commercial - Office
Building Description: 1.0 stories
Year Built: 1940
General Information
County: Winnebago
Listed By:
Berkshire Hathaway HomeServices American Heritage
847-364-6030
MRED MLS
MLS ID: 12679079
Shown By
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622 Shaw Street, Rockford, IL 61104.
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563-441-1862
toll free 866-441-1862
Customize Your Rate
| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $50,000 | $50,000 | $50,000 |
| Down Payment | $10,000 | $1,750 | $12,500 |
| Monthly Mortgage Amount | $273 | $331 | $329 |
| Taxes | $70 | $70 | $70 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $22 | $0 |
| Monthly Estimated Total | $443 | $523 | $499 |
Derrick Klauer
REALTOR®
Cell: (303) 358-5837
Licensed in IA & IL
Davenport Office
4545 Welcome Way
Davenport, IA 52806
(563) 441-5100
Davenport, IA 52806
(563) 441-5100
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