1001 Division St
Orion, IL
Property Details
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.


