Courtesy: Century 21 Broughton Team
217-224-4600
Check out this cash-flowing multi-unit property located at 109-113 N Broad St. in Loraine IL. This solid brick building features three active income streams plus additional upside with an unfinished level with 2272 sq ft open and ready for development. Currently there is an Airbnb lodge with 4 non-conforming bedrooms & 3 baths that includes 1426 sq ft of space. This space has a newer central air unit, forced gas heat, and electric water heater. The oven/stove, refrigerator, microwave, washer and dryer are included. Next space is the Post Office with 868 sq ft. The back rental is 1104 sq ft with 2 non-conforming bedrooms and 1 bath. This rental has a newer gas furnace, electric water heater, and washer/dryer. Also includes oven/stove and refrigerator., Office SQFT M/L: 1104, Retail SQFT M/L: 868, Manufacturing SQFT M/L: 0, Other SQFT M/L: 1426, Warehouse SQFT M/L: 2772, Restaurant SQFT M/L: 0, HiSpd Intrnt DSL Avail
Endless possibilities with this well-established bar and event venue situated on 5 acres in a peaceful rural setting! The impressive 12,320 sq ft building was formerly a school and now offers a unique blend of character and functionality. The bar area features stunning 19-foot ceilings and a gaming room, while the large event space in the back is perfect for hosting weddings, receptions, parties, and community gatherings. Geo-thermal heating and cooling provide energy efficiency year-round. Great opportunity to continue its legacy or bring your own vision to life!
Andrea D. Conner, License 471020674, Xome Inc., License 478026347, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Ste 100, Lewisville, TX 75067
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Loraine is located in Illinois. Loraine, Illinois has a population of 373. Loraine is less family-centric than the surrounding county with 16.67% of the households containing married families with children. The county average for households married with children is 27.52%.
The median household income in Loraine, Illinois is $51,397. The median household income for the surrounding county is $58,587 compared to the national median of $69,021. The median age of people living in Loraine is 55.4 years.
The average high temperature in July is 86.8 degrees, with an average low temperature in January of 16.4 degrees. The average rainfall is approximately 39.6 inches per year, with 17.8 inches of snow per year.
