Excellent opportunity to own a historic building on the square downtown in Delavan. This investment property consists of two retail spaces and one apartment on the main level, and 3 apartments on the upper level of the building. New carports were put in to provide spaces for each unit. All four apartments are currently leased and both retail spaces are currently leased. There is one space still available that the current owners are using for storage that could be added to either retail unit. The building has been well cared for, updated and includes a common laundry room. Current rents are $3,450 per month. Recent improvements include new downspouts/gutters, front foundation and facade (2020), roof was repaired and resealed in 2024, and many windows have been replaced.
412 & 414 LOCUST Street Delavan, IL 61734
Price Reduced
For Sale
412 & 414 LOCUST Street
Delavan, IL 61734
Price: $279,900
Type:
Commercial Sale
Commercial
Lot Size (Acres): 0.16
Agent:
Justin Ball
Agent Phone: 309-323-0399
Agent Email: justinashbyball@gmail.com
Broker:
RE/MAX Traders Unlimited
Broker Phone: 309-687-5000
Broker Email: robinsimpson@remax.net
Contact Us About This Listing
722 SPRINGFIELD Road Delavan, IL 61734
Price Reduced
722 SPRINGFIELD Road
Delavan, IL 61734
Price: $440,000
Type:
Land
Acres
Lot Size (Acres): 25.12
Agent:
Kim Ely
Agent Phone: 309-645-3561
Agent Email: jkjme4@frontier.com
Broker:
RE/MAX Traders Unlimited
Broker Phone: 309-687-5000
Broker Email: robinsimpson@remax.net
25 ACRE CERTIFIED ORGANIC FARM. PROPERTY INCLUDES 4 STALL HEATED GARAGE WITH ADDITIONAL WORKSHOP SPACE PLUS A FULL FLOORED WALK UP 2ND FLOOR, STABLE BARN, IRRIGATION SYSTEM TO HOOP HOUSE FOR PLANTS/VEGETABLE PRODUCTION. BUILDING INCLUDES SMALL KITCHEN AREA AND BATHROOM. NEW WELL PERFECT FOR IRRIGATION.

