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Historic Building Ready for Redevelopment


Listing Resources

Listing Description

This Large Historic 3-Story Building is centrally located on one of the main corners in Downtown Hillsboro, IL.

Ready to be Redeveloped into a Multi-Use Property. Would be perfect for a Retail/Restaurant Space with Multi-Family on the upper levels. There are numerous large rooms with 9′-16′ ceilings.

It is a Historic Building with TIF Opportunity and in a Enterprise Zone.

Sale Price: $69,900

Listing Details

Listing No : 2245
Sale Or Lease : For Sale
Property Type(s) : Office, Office - General Office, Retail, Retail - Store Front Retail
Building Size (Sqft) : 18,000 Sqft
Sale Price : $69,900
Sale Price Per Sqft : $3.88
Building Total Sqft : 18,000 Sqft
Total Sqft Available : 18,000 Sqft
Office : 18,000 Sqft
Retail : 18,000 Sqft
Min Divisible Sqft : 18,000 Sqft
Max Contiguous Sqft : 18,000 Sqft
Parcel No : 16-02-494-016
Zoning : B-1
Zoning By : City of Hillsboro
TIF : Yes
Enterprise Zone : Yes
Property Tax : $378
Tax Year : 2018
Year Built : 1894
Class : C
Clearance Min : 9 ft
Clearance Max : 16 ft
Exterior : Brick
Floors : 3

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