620 Rollins Road, Ingleside, IL

Retail for Sale - $1,394,000 - 9,400 Sq. Ft. on 0.75 acres


Agent Info

DEBORAH KROL-SULLIVAN
Coldwell Banker Real Estate Group

Property Info

CIMLS#1155064
Location
  620 Rollins Road
  Ingleside IL 60041
UpdatedFebruary 18th, 2024
TypeRetail
Price$1,394,000
Building9,400 Sq. Ft.
Land0.75 acres

Property Description

Located on Rollins Road, this unique commercial site currently has two buildings that house a business and 4 rental units. The business, Kiddie Kottage Childcare Inc. is an established day care facility with over 100 children enrolled. Both commercial spaces (5400sf) house this profitable operation. Infants and up to 2 years old are enriched in the smaller 1400 sf side, and the 3 year olds and up are serviced in the dividable 4000 sf new building. A play space connects the two with ample parking and circle drive to facilitate drop off and pick up. Both buildings have been well maintained (a repair and maintenance schedule is available) with numerous recent upgrades. Four apartments above larger building have long term residents and are currently rented below market due to length of tenancy. All are similar and in excellent condition with common entrance, separate addresses and metered utilities (except water - owner receives main bill and prorates to each unit). Building is served by city water and sewer, and Is directly across from commuter train depot. Rent roll for each unit supports building value.


Financials


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