420 S. MAIN ST, HILLSBORO, IL

MONDAY, NOV. 21 at 6:00 PM

5,788 Sq. Ft. PLUS Full Finished Basement Area

Makes it a total of 11,576 sf usable/rentable space!

Open House/Inspection Dates:

Mondays at 12:00 Noon, Nov 14 & 21

Talk about visibility! Busiest 2 streets in Hillsboro: Main St and S. Hamilton St. (IL-16 & IL-127) on each side – one in front and one in rear! Curb cuts, parking and entrances on both sides! Could be easily divided into multiple office suites or retail spaces on both levels – the best commercial rental property opportunity! Easy walk to downtown square and government buildings! Perfect for law offices, insurance, medical, dental, pharmacy, retail, restaurant – with all this square footage, different levels and entrances, put it ALL in here!

Property Features:

Block building with BEAUTIFUL brick exterior
Accessible from Main Street or S. Hamilton St. (IL-16 & IL-127)
Across Main St. from Hillsboro Police Department and City Hall
Already divided into multiple, beautiful offices with large common areas ON BOTH LEVELS!
2 Concrete Parking lots
Total of 21 parking spaces plus 7-8 parking spaces on the street
1 Handicapped parking space in each lot
Perfect signage opportunities on both Main Street and S. Hamilton St. (IL-16 & IL-127)
Multiple vaults and safes built-in on both levels
Bathrooms on both floors
Ground level floor has an old drive thru - could be used again!
30 year asphalt singles installed in 2013
Ages of some of the furnaces: one is 2012, two are 2008, and another 1996
Ages of some of the A/C: one is 2012, two are 2008, another one is 1996

PLEASE NOTE: There is a limitation on the title that this property cannot be used for a financial institution. See exact verbiage below:

"This conveyance is made subject to restriction that said real estate shall not be used by any provider of financial services (other than Grantor), including, but not limited to, banks or branches of banks or other financial institutions which provide investments, loan or deposit services, credit unions, savings and loans and companies or individuals providing investment advice, brokerage services or insurance products or services. The foregoing restriction is perpetual unless otherwise waived by Grantor."

6% Buyer's Premium

$20,000.00 Earnest Money Deposit

Tax Parcels: #16-11-229-012 and #16-11-229-004

Taxes for 2016 will be pro-rated to day of closing and will be shown on closing documents as a credit to the Buyer. Estimated taxes for 2016 are $10,480.14.

ALSO SELLING GOOD OFFICE EQUIPMENT/EXTERIOR SIGN/FLAG POLE SEPARATELY

Prime Commercial Location Hillsboro, IL