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    1301 Douglas Rd Metamora, IL 61548

    Sponsored
    For Sale
    $199,000

    Versatile 2707 sq ft building on 2.74 acres. Ideal for various uses.

    Property size:
    2,707 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional 2,707 square foot, single-story brick building sits on a spacious 2.74-acre lot in Metamora, Illinois. Originally constructed and utilized as a church, this property presents a wealth of redevelopment opportunities. The existing layout includes a large sanctuary, a nursery, several meeting rooms, and one large and two small half-bathrooms, along with a baptistry. Two HVAC systems ensure climate control throughout the building. The property's versatility allows for a wide range of potential uses, including but not limited to: daycare center, retail space, office complex, learning center, or even storage facility. The expansive acreage offers ample room for future expansion. Currently zoned residential, the buyer will be responsible for obtaining any necessary zoning changes to accommodate their chosen use. The property is serviced by village water but utilizes a septic system. Please note that, due to its prior use as a church, the property has been exempt from real estate taxes

    Property Features for 1301 Douglas Rd

    General Information

    Property type
    Other commercial real estate
    Square Feet
    2,707 SF
    Lot Size
    119,354 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Metamora
    County
    Woodford
    State
    Illinois
    Longitude
    -89.38314
    Latitude
    40.7781

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    FAQs

    What type of property is this?
    Commercial real estate - Versatile 2707 sq ft building on 2.74 acres. Ideal for various uses.
    Where is this commercial real estate located?
    The property is located at 1301 Douglas Rd Metamora, IL.
    What is the asking price?
    The asking price for this property is $199,000.
    Request Owner's contact information
    1301 Douglas Rd Metamora, IL 61548
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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
    1301 Douglas Rd Metamora, IL 61548
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