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314 W Ash Street

Chillicothe, IL 61523
  • $155,000
  • STATUS: Active
  • ON SITE: 56 Days
  • ID#: PA1265696
UPDATED: 64 min ago
$155,000
  • 0
    BEDS
  • 0.22
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1985
County:
Area:

School Ratings & Info

Description

Well-maintained multi-tenant commercial building offering a total of 3,492 square feet with five separate units, providing flexibility for both investors and owner-occupants. Approximately 700 square feet is currently vacant, formerly a contractor’s office, has been updated with newer flooring, ceiling finishes, and cabinetry, conference area, and half bath—highlighting the property’s potential for upgraded interior spaces. The building also includes a garage space, adding additional utility and storage options, or a rental opportunity. Constructed as a metal building for durability and low maintenance, this property is built for long-term use. Sewer and water are currently combined into one bill and paid by the owner. All units are leased on a month-to-month basis, offering flexibility for future occupancy or rental adjustments. Strong income potential with value-add opportunities. Contact the listing agent for additional details.

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© 2026 RMLS Alliance, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Logan Frazier Homes | The Real Estate Group. Data last updated: 2026-06-13T07:44:53.973.
www.loganfrazierhomes.org/homes/175328200
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314 W Ash Street Chillicothe, IL 61523

  • Price: $155,000
  • Status: Active
  • On Site: 56 Days
  • Updated: 64 min ago
  • ID#: PA1265696
0
Beds
0
Baths
0
½ Baths
0.22
Acres
1985
Built
Neighborhood:
Paar Area
County:
Peoria
Area:
Paar Area
Property Description
Well-maintained multi-tenant commercial building offering a total of 3,492 square feet with five separate units, providing flexibility for both investors and owner-occupants. Approximately 700 square feet is currently vacant, formerly a contractor’s office, has been updated with newer flooring, ceiling finishes, and cabinetry, conference area, and half bath—highlighting the property’s potential for upgraded interior spaces. The building also includes a garage space, adding additional utility and storage options, or a rental opportunity. Constructed as a metal building for durability and low maintenance, this property is built for long-term use. Sewer and water are currently combined into one bill and paid by the owner. All units are leased on a month-to-month basis, offering flexibility for future occupancy or rental adjustments. Strong income potential with value-add opportunities. Contact the listing agent for additional details.
Exterior Features

Construction Materials Steel FrameFrame Roof Metal

Interior Features

Building Area Total 3492 Cooling Central Air Flooring CarpetConcreteOtherTile Handicap Modified No Heating Forced AirNatural Gas

Property Features

100 Year Flood Plain No Agent Owned No Disclosed Short Sale No Financing Cash OnlyCommercialConventionalSubj to Tenants Rights Foreclosure YN No Frontage Type Paved 2LanePaved 4LaneCity StreetState Road Lease Term Month To Month Levels OneMulti-Tenant Loading Dock YN No Lot Size Dimensions 66 x 147 x 46 x 25 x 132 Owner Pays TaxesStructural MaintenanceTrash CollectionWater Possible Use RetailStrip CenterOffice Sewer Public Sewer Sprinkler YN No Tax Annual Amount 3893.88 Tax Incentive1 In City Limit Tax Legal Description DARST'S ADD SE 1/4 SEC 20-11N-9E LOT 1 BLK 25 (EXC ROUTE 29 ROW AS DESC PER DOC #95-19585) Tax Year 2025 Tenant Pays GasElectricity Type Commercial Underground Storage Tank YN No Virtually Stage YN No Water Source City Water/Connected Zoning C 2

Listing provided courtesy of Rich Gillespie of RE/MAX Traders Unlimited: .
© 2026 RMLS Alliance, LLC. All Rights Reserved.


© 2026 RMLS Alliance, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Logan Frazier Homes | The Real Estate Group. Data last updated: 2026-06-13T07:44:53.973.
 
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