1001 Division Street, Orion, IL
  • $195,000
  • $205,000

Description

Recently renovated and remodeled office building turned salon suites featuring a freshly painted exterior/interior, updated windows, and new flooring throughout. The property also includes a fully updated restroom. Estimating that HVAC and LED lighting were updated in 2022/2023. The building consists of eight individual salon suites, with six currently leased at 300 per month. The current owner occupies three of the suites and intends for the business operations to continue as-is, with existing leases remaining in place. This property offers a solid investment opportunity with room for future growth through rent increases or additional leasing potential. Please note: Property taxes have not yet been reassessed, as the former owner was a nonprofit. Prospective buyers should factor a potential tax adjustment into their cash flow analysis.

  • Listing Courtesy of: Hawkeye Commercial Real Estate

Details

Updated on June 17, 2026 at 12:01 am
  • Property ID MRD100000023
  • Price $195,000
  • Land Area 0.31 Acres
  • Property Type Office
  • Property Status Active
  • Parcel Number 11282010010000
  • MLS Status Active
  • Days On Market 180
  • Living Area 0.31
  • Cumulative Days On Market 166
  • Cooling Central Air
  • Directions SE corner of US RTE 150 and 10th Ave
  • BuildingAreaTotal 3516
  • StoriesTotal 1
  • Zoning Comm
  • Address 1001 Division Street
  • City Orion
  • State/county IL
  • Zip/Postal Code 61273
  • Country United States

Overview

Property ID: MRD100000023
  • Office
  • Property Type

Mortgage Calculator

Monthly
  • Down Payment
  • Loan Amount
  • Monthly Mortgage Payment
  • Property Tax
  • Home Insurance
  • PMI
  • Monthly HOA Fees
$
%
%
%
$
$
%