THE ULTIMATE LIST OF CHEAP OLD HOUSES UNDER $50K…and BEYOND ––>
Under $100K Sunday – c.1897 Romanesque Revival Bank For Sale in Illinois Under $99K
January 21, 2024
OHU50K Notes $98,500
Bank for sale. Own your very own breathtaking piece of Illinois history, the historic Farmers National Bank building, circa 1897! Located on the town square, this beautifully restored romanesque revival brownstone and brick building overlooks the courthouse grounds from its corner lot. The entire first floor has been professionally restored, making it ready for business.
With original tile, hardwood floors, leaded windows, fireplace, beadboard and bank vaults, the space itself will intrigue and invite guests in. The original light fixtures and copper bank teller windows and counters are the cherry on top! Head up the original winding staircase to the second floor to take in the birdseye view of town square. This space is prepped for renovation and will make the perfect apartment for yourself or to use as a rental. With the heavy lifting of rehabilitation already completed (see below), this unique building is ready for completion and to be enjoyed for years to come. 2015: Upgrade to 200 AMP service, first floor rewired 2017: New asphalt roll roof, all HVAC/mechanicals replaced, new water heater and thermostat 2018: Lobby tile repaired and relaid 2019: Bathroom gutted and refinished 2022: Entire first floor repainted and hardwood refurbished, $60K in masonry repair and tuckpointing 2023: New sewer line and cleanout, new exterior concrete, new gutters and downspouts
If interested in a property, please contact the realtor whose link is provided in the post below, or contact an agent of your own choosing. Independent verification of details and status is recommended.