402 2nd AVE, Sterling, IL 61081
402 2nd AVE, Sterling, IL 61081
402 2nd AVE, Sterling, IL 61081
402 2nd AVE, Sterling, IL 61081
402 2nd AVE, Sterling, IL 61081
402 2nd AVE, Sterling, IL 61081
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$ 750,000
Est. payment | /mo

10,800 SqFt


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$ 750,000
Est. payment | /mo
Save

10,800 SqFt

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 10,800 sqft

Price per Sqft $69

MLS Listing ID 12773035

Year Built 1964

Annual Tax Amount $10,532

Tax Year 2025

Lot Dimensions 150 x 135

Property Sub-Type Mixed Use

Property Description

High Visibility Downtown Office Building For Sale. Well maintained building with currently 3 suites. Two units on the main level and one unit on the lower level. Built in 1964. The main level is heated by two packaged rooftop units, the lower level is heated via two forced air furnaces. The main level is cooled by two packaged rooftop units, the lower level is cooled via two central air units. One gas meter, one electrical meter, and one water meter. The building has one 40 gallon water heater. Security system and smoke detectors. Suite 1 is on the west side of the main level. It is in nice condition with acoustical ceilings, carpet and tile flooring. There is a reception / lobby area with two private offices. A hallway leads to two single-user restrooms and four private rooms. (Measurement per the lease is 1,700, but actual measurement is over 2,400.) Suite 2 is on the east side of the main level. It was completely renovated last year and has acoustical ceilings, carpet, LVP, and tile flooring. It has two entry doors with the primary entry door being on the east side. The vestibule entry opens to a reception area with small lobby and an open space surrounded by five private offices, a conference room, two single-user restrooms, and a kitchenette. (Measurement per lease is 2,400, but actual measurement is a slightly larger.) The lower-level unit has an entry on the east and west side which open to a stairwell with the west side also including an elevator. The unit encompasses the entire basement. It includes several private offices, large open office areas, a kitchenette, large vault, two multi-user restrooms, and one single user restroom. The lower level also includes a utility room and elevator room. There are no windows for the lower level. This unit measures at approximately 4,850 square feet. The building could easily be utilized by one or multiple users. It could easily be converted to retail with some investment. The building is in excellent condition throughout both levels. Call for full financial details.

Location

State IL

County Whiteside

Area Sterling

Zoning OTHER

Interior

Cooling Central Air

Flooring Carpet, Tile, Other

Fireplace N

Exterior

Roof Type Membrane

Building

Dwelling Type Mixed Use

Structure Type Stucco

Midwest Real Estate Data (MRED) IDX
Listed by Patricia Sword of  RE/MAX Sauk Valley 

Nearby Locations

Ali Arciniega

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(773) 683-1249

aarciniega@chicagorea.com

1941 N Elston Ave, Chicago, IL 60642, USA

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402 2nd AVE