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    339-369 Main St Unit Ash Canton, IL 61520

    Sponsored
    For Sale
    $375,000

    Prime location, high visibility, 0.7 acres.

    Property size:
    720 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional 0.7-acre commercial lot, located at 339-369 N Main Street (IL Route 78) in Canton, Illinois, presents a remarkable opportunity for development. Boasting a prime location on a high-traffic corner, the property benefits from an average daily traffic count of 8,550 vehicles, ensuring significant visibility and accessibility for any commercial venture. The 720 square foot building is situated within Canton's Tax Increment Financing (TIF) and Business Development District (BDD), offering potential tax advantages and incentives for qualified projects. The strategic location places the property in close proximity to a variety of established businesses, including Arby's, Sherwin Williams, Auto Zone, Jimmy John's, and Dunkin'/Baskin-Robbins, creating a vibrant and thriving commercial environment. This property is ideal for a wide range of commercial uses, offering significant potential for growth and return on investment. The high traffic volume, strategic location within established commercial districts, and the availability of TIF and BDD incentives make this an exceptional opportunity for discerning investors and developers. The property is priced at $375,000.

    Property Features for 339-369 Main St Unit Ash

    General Information

    Property type
    Other commercial real estate
    Square Feet
    720 SF
    Lot Size
    30,492 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Pet Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Canton
    County
    Fulton
    State
    Illinois
    Longitude
    -90.03481
    Latitude
    40.56013

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    FAQs

    What type of property is this?
    Commercial real estate - Prime location, high visibility, 0.7 acres.
    Where is this commercial real estate located?
    The property is located at 339-369 Main St Unit Ash Canton, IL.
    What is the asking price?
    The asking price for this property is $375,000.
    Request Owner's contact information
    339-369 Main St Unit Ash Canton, IL 61520
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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
    339-369 Main St Unit Ash Canton, IL 61520
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