13102 Us Highway 40 Active Save Request In-Person Tour Request Virtual Tour
Highland,IL 62249
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 1,800 sqft
Price per Sqft $513
Subdivision Not In A Subdivision
MLS Listing ID 25010065
Year Built 1953
Annual Tax Amount $5,574
Lot Size 2.000 Acres
Property Sub-Type Retail
Property Description
Turnkey Investment Property – 3 Income-Producing Units on 2 Acres
Excellent opportunity to own a fully-leased investment property with 3 income streams: a ~1,800 sq ft residential home, a ~3,200 sq ft building leased to a plumbing business, and an ~8,000 sq ft building occupied by a thriving archery business. (Buildings total 13,000 sqft / PSF $71.15). Situated on a high-traffic highway, this 2-acre property offers 36 parking spaces, city water, and insulated, climate-controlled buildings using propane heating. All tenants are in place, providing immediate cash flow. Ideal for investors seeking passive income and long-term potential in a high-visibility, mixed-use setting. Buildings are well-maintained, and the location supports continued commercial success. Excellent signage potential and flexible zoning offer upside for future use or expansion. Location: Hwy/Interstate Frntg
Location
State IL
County Madison
Interior
Heating Propane,Forced Air
Cooling Window Unit(s)
Exterior
Parking Features false
Utilities Available Electricity Available
View Y/N No
Building
Sewer Septic Tank
Water Public
Structure Type Metal Siding
Others
Acceptable Financing Lease Back
Listing Terms Lease Back
Special Listing Condition Standard
Virtual Tour https://my.matterport.com/show/?m=p3sbZriBvoF