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$ 479,900
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Active
11875 US Rt. 20 E Stockton, IL 61085
3,920 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 3,920 sqft
Price per Sqft $122
MLS Listing ID 202506205
Annual Tax Amount $10,543
Tax Year 2024
Lot Size 1.250 Acres
Property Sub-Type Commercial
Property Description
This prominent log building has exceptional location on the corner of US Hwy 20 & Hwy 78 in Stockton. truly, the "Gateway to Jo Daviess County." The traffic count runs nearly 7,000 vehicles per day providing great exposure and easy accessibility. The building was constructed as a model log home and features a show case of log styles within the building. The main level boasts a spacious great room with cathedral ceilings and floor to ceiling, stone-faced wood burning fireplace adorned by custom designed windows. A full kitchen complete with appliances and two half baths. Each wing of the building has substantially sized rooms and can offer a variety of uses whether it is office space or a show room-the options are endless. The Eastern portion of the building was designed as a garage and could be converted back to provide attached parking and also feature in-floor heat. A striking log staircase leads to a loft area and additional room with full bathroom. The structure has approximately 3,216 sq ft on main level and another 700 sq ft on upper level. The 3/4 basement is unfinished. A concrete driveway and parking lot offers an abundance of parking spaces. Property is serviced by septic and shared well. There are unique opportunities available to this property including being located within Stockton's TIF district, as well as an Opportunity Zone. These features provide the opportunity to gain funding for acquisition, improvements (and more), as well as the rare ability to utilize tax forgiveness making it a great spot for 1031 dollars. The property is being offered on 1.25 acre lot. One owner is a Licensed Broker.
Location
State IL
County Jo Daviess County
Schools
School District Stockton
Listed by JIM SULLIVAN REALTY