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4602 E 1625 North Road, Danvers, IL 61732.
4602 E 1625 North Road is a 2,430 total SF, mixed-use building in Danvers, Illinois. The property is set up with two units, including a 1Bed/1Bath apartment that is currently rented and a bar, which will be delivered vacant upon closing. The property is located on IL Route 9, just outside of Bloomington, IL and is just 1 of 3 restaurant/bars in Danvers, making it a prime investment opportunity in a supply constrained submarket. A new roof was installed in 2024 and a new water heater in 2019.
MLS ID: PA1261763
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4602 E 1625 North Road, Danvers, IL 61732.

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563-441-1862
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $200,000 | $200,000 | $200,000 |
| Down Payment | $40,000 | $7,000 | $50,000 |
| Monthly Mortgage Amount | $946 | $1,146 | $1,216 |
| Taxes | $278 | $278 | $278 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $88 | $0 |
| Monthly Estimated Total | $1,324 | $1,612 | $1,594 |