1200 Shirland Ave, South Beloit, IL 61080

41,804 SF | 60% Leased | Retail Building | South Beloit, IL 61080 | $650,000 ($16/SF) | 5.17% Cap Rate

Asking Price $650,000

Property Type
Retail, Restaurant
Square Feet
41,804 SF
Price / Square Foot
$16

Listing Contacts

Colin Schindler
Colin Schindler
  • Property Info

Property Overview

This commercial retail mall has plenty of income opportunity along with over 16,000 sq ft of vacant space that can be leased out for even more cash flow. Located on busy Shirland Ave, the current businesses drive traffic and revenue. The Stateline area is a growing and opportunities are expanding. Minutes from downtown Beloit, this area holds fantastic investment opportunity.

Property Details

Class
B
Year Built
1964
Stories
1
Property Subtype
Freestanding, Storefront Retail/Office, Storefront Retail/Residential
Lot Size (sq. ft)
8,276 SF

Highlights

  • Busy Frontage Road
  • Near Booming Downtown
  • Long Standing Tenants
  • Possibility to add Laundry Mat
  • Over 16,000 sq ft. of additional vacant space.

All available spaces

Space
1st Floor
Size
16,696 SF
Condition
Full Build-Out

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