2-4 East Front Street, Unit 24

Newark, IL 60541

$350,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Charming Mixed-Use Investment Opportunity Exclusively for Salon Owners in Downtown Newark Welcome to a unique opportunity tailored exclusively for Salon Owners/Investors! Nestled in the heart of downtown Newark, this charming building promises a blend of personal enjoyment and business potential, all in a prime location. Main Level Highlights: This is a special delimiter sentence. This is a special delimiter sentence - Retail Space: Currently operating as a successful hair salon, this vibrant space...Charming Mixed-Use Investment Opportunity Exclusively for Salon Owners in Downtown Newark Welcome to a unique opportunity tailored exclusively for Salon Owners/Investors! Nestled in the heart of downtown Newark, this charming building promises a blend of personal enjoyment and business potential, all in a prime location. Main Level Highlights: This is a special delimiter sentence. This is a special delimiter sentence - Retail Space: Currently operating as a successful hair salon, this vibrant space is ready to welcome its next salon owner. Situated on a bustling downtown corner, the salon enjoys high visibility and a steady stream of clients, offering incredible growth potential for the right entrepreneur. Situated on a bustling downtown corner, the salon enjoys high visibility and a steady stream of clients, offering incredible growth potential for the right entrepreneur - Residential Opportunities: The spacious three-bedroom, two-bathroom apartment on the main level enhances the investment's appeal. It comes with the unique flexibility to accommodate a single family or be thoughtfully divided into two separate living quarters, providing additional income opportunities or personal convenience for the salon owner. To clarify this could be turned into 2 apartments o the first floor. A 1 bedroom 1 bath just a dd a kitchen and then there would be a 2 bedroom 1 bath ready to go. Upper Level: This is a special delimiter sentence. This is a special delimiter sentence - The cozy upstairs apartment, with its modern updates, offers serene living quarters away from the hustle and bustle. The current tenant has been there for over ten yeas. Built-in income. This apartment has 2 bedrooms, possibly 3 bedrooms 1 bath kitchen and great living area with an upper deck to enjoy. Key Features: This is a special delimiter sentence. This is a special delimiter sentence - Salon Owner Exclusivity: Currently offered exclusively to those ready to bring their salon vision to life in a dynamic downtown setting. Currently offered exclusively to those ready to bring their salon vision to life in a dynamic downtown setting - Prime Location: Situated on Newark's main corner, this property offers unmatched visibility and accessibility for your business. Situated on Newark's main corner, this property offers unmatched visibility and accessibility for your business - Updated Interiors: Enjoy the blend of historic charm and modern amenities with recent updates throughout the building. Enjoy the blend of historic charm and modern amenities with recent updates throughout the building - Community Charm: Become an integral part of a quaint and welcoming community, while positioning your business for ongoing success. This property is ideal for salon owners who envision running a successful salon while enjoying a convenient live-work setup. Embrace the opportunity to thrive personally and professionally in a beloved community. Your next big opportunity awaits in the growing downtown scene of Newark. Schedule your private showing today to explore this exclusive offering! Please Note Currently sellers are only offering to Salon interested parties. Either Investor or Owner Occupied.
  1. Listed by Laura Tomsa • Brummel Properties, Inc.

Property Details for 2-4 East Front Street, Unit 24

Area
Newark
Township
Big Grove
Num of Interior Fireplaces
0
LISTING UPDATED: 11/10/2024 12:07 AM

Property Details for 2-4 East Front Street, Unit 24

StatusActive
MLS #12203279
Days on Market61
Taxes$3,819 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale
Year Built-
Lot Size0.69 AC / 30,056 SF
CountyKendall County

Building Information for 2-4 East Front Street, Unit 24

Stories2Residences3Year Built-Lot Size0.69 AC / 30,056 SF

Property Information for 2-4 East Front Street, Unit 24

General Information
Location and General Information
  • Geographic Locale: Southwest Suburban
  • Information: 24-Hr Notice Required,List Broker Must Accompany
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: Central Air
  • Electric: Circuit Breakers
  • # Of Washers: 3
  • Heat/Ventilation: Central Heat/Indiv Controls
  • # Of Refrigerators: 2
  • # Of Dryers: 3
  • Num of Baths: 0.0
Exterior Features
  • # Of Apts: 2
Property/Lot Information
  • Built Before 1978: No
  • Approximate Age: Older
  • Lot Dimensions: 31 X 120 X 36 X 120
  • Lot Size Square Feet: 30056.0
  • Stories: 2
  • Fire Protection: Smoke or Fire Protectors
  • Building Area Total: 4120
  • # Of Offices: 0
  • # Of Ranges: 2
  • # Of Stores: 1
  • Property Sub Type: Mixed Use
Property and Assessments
  • Public Document Count: 0
  • Photos Count: 34
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 3
Income & Expenses
  • Electric Expense: $.00
  • Fuel Expense: $.00
  • Gross Income: $.00
  • Gross Scheduled Income: $.00
  • Insurance Expense: $.00
  • Total Monthly Income: 0
  • Other Expense: $.00
  • Trash Expense: $.00
  • Water Sewer Expense: $.00

Property History for 2-4 East Front Street, Unit 24

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 2-4 East Front Street, Unit 24

This home is within Newark Chsd 18 School District.
Rating
School
Type
Grades
Distance
Public - K to 4
Public - 5 to 8
Public - 9 to 12
Rating
School
Distance
Newark Elementary School
PublicK to 4

Millbrook Junior High School
Public5 to 8

Newark Community High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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2-4 East Front Street, Unit 24 is a mixed use property for sale in Newark, IL 60541. This property was listed for sale on November 4, 2024 by Brummel Properties, Inc., it's currently listed at $350,000. This listing's school districts are Newark Chsd 18 School District, Newark Central Consolidated School District 66. Nearby schools include Newark Elementary School, Millbrook Junior High School and Newark Community High School. 2-4 East Front Street, Unit 24 is a 0-bed, 0-bath, mixed use property.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Brummel Properties, Inc.

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Based on information submitted to the MLS GRID as of 11/10/2024 12:07 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.