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9386 Lake Edwards Drive Mt Olive, IL 62069 • Commercial - Industrial • Active

  • 9386 Lake Edwards Drive, Mt Olive, IL 62069 Main Photo

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Description

Available now is a rare opportunity to acquire a profitable, well-established foundation recovery and excavation business. This company provides a diversified lineup of high-demand services, including: foundation recovery & stabilization, crawl space repair & moisture mitigation, excavation services, sewer line installation & repair, water line installation & repair, and general earthwork and property improvement services. A 30 x 70 commercial shop, ideal for running operations, storage, and equipment maintenance comes packaged with the business. Features include: three 12 x 12 roll-up doors, two 3 walk-up entry doors, and a radiant in-floor heat system. The shop is framed and plumbed for a 2-bedroom apartment or office space. The sale also includes a full suite of equipment, tools, and assets needed to continue operations immediately, such as: 2020 Kubota SVL95 Compact Track Loader, 2020 New Holland E37 Mini Excavator, 2016 Ford F-450 Utility Bed Truck, 2007 Chevy Utility Bed Truck, and a 2021 Midsota Tilt Equipment Trailer. Additional tools, attachments, job-site equipment, and inventory (too extensive to list individually), will go with the business. All equipment has been well-maintained and is currently in active use. This is a perfect opportunity for a contractor looking to expand, an entrepreneur wanting a stable and essential-service business, or an investment buyer seeking a revenue stream!

Property Highlights

Property Type: Commercial - Industrial
Building Description: 1.0 stories
Available Sqft: 2100

General Information

County: Macoupin
Listed By:
RE/MAX Professionals Mobl: 217-341-5393
RMLSA
$695,000
Est. $4,776/mo
Active
SQUARE FEET2,100 MLS#CA1040783
STATUSActive PROPERTY TYPECommercial - Industrial

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9386 Lake Edwards Drive, Mt Olive, IL 62069.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $695,000$695,000$695,000
Down Payment $139,000$24,325$173,750
Monthly Mortgage Amount $3,606$4,426$4,469
Taxes $967$967$967
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$306$0
Monthly Estimated Total $4,776$5,902$5,639

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