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Listing provided courtesy of Hawkeye Commercial Real EstateMREDas Distributed by MLSGrid- MLS# 100000023MLS Provider

1001 Division StreetOrion, IL 61273

Commercial · 3,516 Sq. ft. | 0.31 Acres
$195,000 Active

1001 Division Street Overview

Time on Site:
192 days
Visits:
70

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.

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1001 Division Street Facts & Features

  • Type Commercial
  • Sq. ft. 3,516
  • Price/Sq.ft. $55
  • Lot 0.31 Acres

Details

General

Income/Expenses

  • Gross Income: 1800
  • Gross Scheduled Income: 1800
  • Net Operating Income: 11600
  • Operating Expense: 10000

Location/Region

  • County Or Parish: Henry
  • MLS Area Major: Orion

Tax Information

  • Tax Annual Amount: $0.00
  • Tax Year: 2025

General Information

  • Parcel Number: 11282010010000
  • Property Type: Commercial Sale
  • Zoning: Comm

Interior

Building Interior

  • Building Area Total: 3516

General Information

  • Cooling: Central Air
  • Electric: Single Phase
  • Foundation Details: Concrete Perimeter
  • Leasable Area: 0
  • Stories: 1

Unit Information

  • Unit SqFt.: 3416

Exterior

Lot Information

  • Additional Parcels: No
  • Lot Size Acres: 0.31
  • Lot Size Dimensions: 66,42,06,144,96,149

Building Exterior/Construction

  • Construction Materials: Brick/Stone Msn Pred
  • Roof: Membrane

1001 Division Street Neighborhood

Community

61273 (Orion) Demographics

39
Median Age
67
Population Density (per sq. mile)
40%
College Educated
$80,417
Estimated Median Income
1,015
Estimated Total Home Owners
196
Estimated Total Renters
84% / 16%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

1001 Division Street Monthly Cost

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$ %
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$
Eric Nowik
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1001 Division Street Market Data

Based on the last 30 days in this zip code

$251,400
Average List Price
$145
Average Price per Square Foot
3
Properties Sold
30
Average Days on Market
9
Properties for Sale
Calculations provided by Reliance Network

1001 Division Street History

Date Event Value Agent
6/1/2026Source: MRED Status Change
Active
5/27/2026Source: MRED Price Reduction
$195,000 -4.9%
5/27/2026Source: MRED Status Change
Price Change
1/6/2026Source: MRED Status Change
Active
12/31/2025Source: MRED Added to Database
December 31, 2025
12/19/2025Source: MRED Added to Database
December 19, 2025