602 N MAIN ST, Augusta, IL 62311
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602 N MAIN ST, Augusta, IL 62311
602 N MAIN ST, Augusta, IL 62311
602 N MAIN ST, Augusta, IL 62311
602 N MAIN ST, Augusta, IL 62311
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Kim Suiter

Kim Suiter

+1(217) 469-5651
Listed by Luke Tappe • KW Hometown
$ 250,000
Est. payment /mo
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602 N MAIN ST Augusta, IL 62311

4,836 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 4,836 sqft

Price per Sqft $51

MLS Listing ID CA1047362

Annual Tax Amount $1,403

Tax Year 2025

Lot Size 10,018 Sqft

Acres 0.23

Lot Dimensions 101x100

Property Sub-Type Commercial

Source rmlsa

Property Description

Your new investment opportunity awaits! 8-total units (7-residential & 1-commercial unit) in these 2-buildings included w/ this sale. A brand new $60,000 TPO roof was just installed in 2026. At an 85% occupancy this investment has the potential of bringing in $29,577 (annual NOI) at a 11.8% cap rate. Or at a 90% occupancy has the potential of bringing in $32,977 (annual NOI) at a 13.2% cap rate. See attached summary of investment figures provided by seller(s). Figures are not guaranteed & should be individually verified by buyer(s). A great investment opportunity for the perfect investor. Proof of funds or pre-approval required prior to any in-person showings.

Location

State IL

County Hancock

Area Other

Zoning Commercial

Direction Augusta, IL to 600-604 N. Main St.

Interior

Heating Electric, Heat Pump, Hot Water, Baseboard

Cooling Central Air, Multi Units, Wall/Window Unit(s)

Flooring Tile

Fireplace N

Exterior

View true

Roof Type Membrane

Total Parking Spaces 12

Garage 1

Building

Faces Augusta, IL to 600-604 N. Main St.

Sewer Public Sewer

Water City Water/Connected, Municipal/City

Structure Type Brick,Vinyl Siding,Frame

Others

Tax ID 25-23-000-473

Security Features No

Kim Suiter

Kim Suiter

Broker License ID: 475201756

+1(217) 469-5651

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602 N MAIN ST