Property Description

Solid Commercial Investment Opportunity in Downtown Savanna! Two properties for the price of one — all under one roof! This versatile Main Street property adjoins the local movie theater and offers prime visibility with consistent rental income since 2022. Front Unit: Currently leased by The Man Cave Barbershop, a thriving business of over 3 years. Features excellent window exposure, a half bath, and a break room. ($500/month) Rear Unit: Accessed via a hallway, includes two large open rooms, an efficiency kitchenette, and a full bath. Currently rented as a residential unit with a reliable tenant in place. ($500/month) Both tenants are on month-to-month leases and pay all utilities, keeping owner expenses minimal. Total annual income of $12,000, with annual taxes and insurance combined at just $3,065.42, producing an estimated 17% gross cap rate and 13% net cap rate. Additional highlights include a small basement for storage, a new hot water heater (2023), and newer gas-forced air and A/C systems. Whether you’re expanding your portfolio or seeking a steady income stream, this well-maintained property offers flexibility, stability, and an exceptional return in the heart of Savanna’s vibrant downtown district. Seller is a licensed real estate agent.

Features
: Gas forced air
: Central
: Unfinished, Partial, Cement Poured
Location
US
IL
SAVANNA
61074
MAIN
228
W91° 50' 37.8''
N42° 5' 35.5''
228 MAIN Street
Additional Information
ACTIVE and AVAILABLE
$527
City
City
Natural Gas
Vinyl
Barker
DC Rise Real Estate
: Masonite, Stone, Brick
19426
$0
$0
West Carroll
10/30/2025
10/29/2025 22:31:12

228 MAIN SAVANNA, Illinois 61074

Business/retail For Sale
1,410 Sqft
$69,000

Reference ID: 202506725

Basic Details
Property Type : Business/retail
Price : $69,000
Square Footage : 1,410 Sqft
Acres : 0.03
Agent info

This listing is courtesy of

Amanda Barker

DC Rise Real Estate

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