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    16730 Mississippi Riv Rd Hamburg, IL 62045

    Sponsored
    For Sale
    $69,000

    Historic building, huge potential, river views.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    340
    This unique 0.69-acre commercial property located at 16730 N Mississippi River Road in Hamburg, Illinois, presents a remarkable investment opportunity. Previously a thriving local establishment, this building offers significant potential for redevelopment. The property includes a substantial structure ready for renovation, along with a 39x24 foot carport and an additional carport included in the sale. Its prime location near the Mississippi River offers easy access to boating enthusiasts and provides a strong draw for potential clientele. Imagine the possibilities: a revitalized venue hosting weekend bands, festivals, or simply a popular local gathering spot. With some tender loving care, the existing outdoor stage and deck could be restored to their former glory, perfect for summer entertainment. The property is being sold "AS IS" with all contents included, and the sellers are highly motivated and open to negotiations. This is a rare chance to acquire a piece of Hamburg's history and transform it into a thriving business. The property's size and location make it ideal for a variety of commercial ventures, offering a unique blend of historical charm and riverfront appeal. Don't miss this chance to own a piece of Hamburg's vibrant future.

    Property Features for 16730 Mississippi Riv Rd

    General Information

    Property type
    Other commercial real estate
    Lot Size
    30,056 SF

    Building Details

    Year Built
    1994
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Hamburg
    County
    Calhoun-IL
    State
    Illinois
    Longitude
    -90.72673
    Latitude
    39.25998

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    FAQs

    What type of property is this?
    Commercial real estate - Historic building, huge potential, river views.
    Where is this commercial real estate located?
    The property is located at 16730 Mississippi Riv Rd Hamburg, IL.
    What is the asking price?
    The asking price for this property is $69,000.
    576-2203
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    16730 Mississippi Riv Rd Hamburg, IL 62045
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    Hamburg, IL 62045
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    16730 Mississippi Riv Rd Hamburg, IL 62045
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