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    410 Sunset Dr Vandalia, IL 62471

    Sponsored
    For Sale
    $400,000

    9,127 sq ft, 1.57 acres, turnkey facility

    Property size:
    9,127 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional 9,127-square-foot commercial building, situated on a spacious 1.57-acre lot in Vandalia, Illinois, presents a remarkable investment opportunity. Constructed in 1997 and successfully operated until 2024, the property boasts a wealth of features ideal for a variety of uses. Currently configured with 21 private rooms, it's perfectly suited for senior living, including memory care, assisted living, or independent living arrangements. The facility also includes a fully equipped commercial kitchen and dedicated laundry facilities, ensuring convenience and functionality. Modern updates include a recently installed roof and updated rooms, contributing to the property's overall excellent condition. The well-maintained infrastructure is complemented by a large concrete parking lot and beautifully landscaped grounds, featuring a gazebo. The property's versatility extends beyond senior housing, with potential for multi-family housing development, group homes, daycare centers, or educational facilities. Its prime location within a serene residential neighborhood offers both accessibility and a peaceful environment. This turnkey facility represents an exceptional value for developers and investors seeking a well-maintained property with significant repurposing potential to meet diverse community needs. The property's size, amenities, and location combine to create a compelling investment opportunity with strong potential for future growth and profitability.

    Property Features for 410 Sunset Dr

    General Information

    Property type
    Other commercial real estate
    Square Feet
    9,127 SF
    Lot Size
    68,389 SF

    Building Details

    Year Built
    1997
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Vandalia
    County
    Fayette
    State
    Illinois
    Longitude
    -89.11523
    Latitude
    38.96511

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    FAQs

    What type of property is this?
    Commercial real estate - 9,127 sq ft, 1.57 acres, turnkey facility
    Where is this commercial real estate located?
    The property is located at 410 Sunset Dr Vandalia, IL.
    What is the asking price?
    The asking price for this property is $400,000.
    (217) 202-0924
    Request Owner's contact information
    410 Sunset Dr Vandalia, IL 62471
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    Vandalia, IL 62471
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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
    410 Sunset Dr Vandalia, IL 62471
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