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Listed by Tamara Potter Behlingof Keller Williams Realty Signature
$ 225,000
Est. payment /mo
New
100 N State Street Poplar Grove, IL 61065
7 Beds
0.39 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12645926
Bedrooms 7
Year Built 1900
Annual Tax Amount $3,232
Tax Year 2025
Lot Size 0.390 Acres
Lot Dimensions .39 of an acre
Property Sub-Type Two to Four Units
Property Description
Own a piece of Poplar Grove history! The oldest building in town. Located in an Enterprise Zone! Property may also be eligible for possible grants! Inquire with listing agent for links to Enterprise Zone and potential grant info. Commercial zoning (Central business). Situated in downtown Poplar Grove, it offers great exposure and great foot traffic for a business. Located next to the Long Prairie Trail that's a paved recreational trail offering biking and hiking with scenic views of woodlands, farmland, and prairies. Property has two upper units=both 1 BR/1 bath. There is also a huge 5 BR/2 1/2 bath unit with a large retro kitchen and a storefront for office/retail use=both on main floor. Could be a live-in landlord situation, while collecting rents to help with your mortgage. All appliances included. Some hardwood flooring. Over 6,000 s.f.! Heated two car garage with hot water. Huge four season room with heated flooring. Upper level covered deck and front porch. Storage shed included. Annuals are popping up. This property does need quite a bit of work, but it has lots of potential so bring your tools and ideas. The quaint community would love to see this multi-use property brought back to life. Great history: owned by former mayor, used to be a hotel for railroad workers in the 1800's, and much more history over the years. All units currently vacant. New water heater. Two boilers=one is new, one was replaced 6 years ago. Storage shed. Selling AS IS as part of an estate. SELLER HAS REDUCED PRICE BY $74,000! All information deemed reliable, but not guaranteed; buyer to verify all data. CASH, REHABLOANS or CONTACT LISTING AGENT FOR MORE INFO ON POTENTIAL FINANCING OPTIONS.
Location
State IL
County Boone
Zoning COMMR
Rooms
Basement Unfinished, Crawl Space, Exterior Entry, Full
Interior
Heating Steam
Fireplace N
Exterior
Exterior Feature Balcony
Garage Spaces 2.0
View Y/N true
Roof Type Asphalt,Metal
Building
Sewer Public Sewer
Water Public
Structure Type Vinyl Siding
New Construction false
Schools
School District 200, 200, 200
Others
Ownership Fee Simple
Special Listing Condition None

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