706 Baltimore StWilmington, IL 60481

For Sale
$2,225,000

Route 66 Retail Center - High Traffic!

Overview

Added:
Feb 3
Days on market:
39
This exceptional 22,866 square foot community shopping center presents a lucrative investment opportunity in the thriving Wilmington, IL market. Strategically located along the historic Route 66 corridor and boasting prominent frontage on Route 53, this property benefits from high visibility and significant foot traffic in a dense retail and residential area. The center currently houses a Dollar General store, providing a stable anchor tenant and immediate cash flow. The property has undergone a complete and extensive renovation, encompassing both exterior and interior improvements. Upgrades include brand new flooring and ceilings throughout, fresh paint, a fully overhauled electrical system, and a completely updated HVAC system. The result is a clean, modern, and highly attractive retail space ready for immediate occupancy. Two vacant spaces are available, presenting a significant opportunity to increase rental income and further enhance the property's return on investment. This is a turnkey operation, ideal for an investor seeking a well-maintained, high-traffic retail center in a prime location. The property's recent renovations minimize future capital expenditures, allowing for immediate focus on maximizing rental income and building long-term equity. Don't miss this chance to acquire a well-positioned, income-producing asset in a rapidly growing market.

Property Details for 706 Baltimore St

Property type
Other commercial real estate
Square Feet
22,866 SF
Year Built
1975

Location Insight

City
Wilmington
County
Will
State
Illinois
Latitude
41.30556
Longitude
-88.15887
706 Baltimore St, Wilmington, Illinois

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706 Baltimore St
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