402 2nd AvenueSterling, IL 61081

Description

High Visibility Downtown Office Building For Sale. Well maintained building with currently 3 suites. Two units on the main level and one unit on the lower level. Built in 1964. The main level is heated by two packaged rooftop units, the lower level is heated via two forced air furnaces. The main level is cooled by two packaged rooftop units, the lower level is cooled via two central air units. One gas meter, one electrical meter, and one water meter. The building has one 40 gallon water heater. Security system and smoke detectors. Suite 1 is on the west side of the main level. It is in nice condition with acoustical ceilings, carpet and tile flooring. There is a reception / lobby area with two private offices. A hallway leads to two single-user restrooms and four private rooms. (Measurement per the lease is 1,700, but actual measurement is over 2,400.) Suite 2 is on the east side of the main level. It was completely renovated last year and has acoustical ceilings, carpet, LVP, and tile flooring. It has two entry doors with the primary entry door being on the east side. The vestibule entry opens to a reception area with small lobby and an open space surrounded by five private offices, a conference room, two single-user restrooms, and a kitchenette. (Measurement per lease is 2,400, but actual measurement is a slightly larger.) The lower-level unit has an entry on the east and west side which open to a stairwell with the west side also including an elevator. The unit encompasses the entire basement. It includes several private offices, large open office areas, a kitchenette, large vault, two multi-user restrooms, and one single user restroom. The lower level also includes a utility room and elevator room. There are no windows for the lower level. This unit measures at approximately 4,850 square feet. The building could easily be utilized by one or multiple users. It could easily be converted to retail with some investment. The building is in excellent condition throughout both levels. Call for full financial details.

Property Information

Property type

Commercial Sale

Sub-type

Mixed Use

Year built

1964

Building area

10,800 Sq Ft

Lot size

19,600 Sq Ft

Lot dimensions

150 x 135

Zoning

OTHER

Days on market

7

MLS^® Listing#

12773035

Property Features

Cooling

Central Air

Flooring

Carpet · Tile · Other

Construction

Stucco

Roof

Membrane

Financial Details

Annual taxes

$10,533Tax year 2025

Parcel number

11214760020000

Directions

Downtown Sterling- NE corner of 2nd Avenue & Route 2 (East 4th Street).