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    410 Pickett St Chenoa, IL 61726

    Sponsored
    For Sale
    $79,999

    Two Buildings, Ample Space, Great Potential

    Property size:
    2,400 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    339
    This exceptional commercial property in Chenoa, Illinois, presents a unique investment opportunity. Located at 410 Pickett Street, the property comprises two separate 30' x 40' buildings, totaling 2,400 square feet. This versatile space is ideal for a variety of uses, making it an attractive option for entrepreneurs and investors alike. The southern building boasts a concrete floor, an overhead door for easy access, and is equipped with power, air conditioning, and heating, providing a comfortable and functional workspace. The northern building, a newer construction, features a gravel floor and power, making it perfect for storage or a workshop. The property sits on a lot with no acreage, offering convenient access and minimal land maintenance. Its location in Chenoa provides a strong foundation for a small-town business, with potential for a thriving auto repair shop or a secure, heated storage facility. The asking price of $79,999 makes this an exceptionally affordable entry point into the commercial real estate market. This property offers a rare combination of functionality, versatility, and affordability, making it an ideal investment for those seeking a profitable venture in a desirable location. Don't miss this chance to own a piece of Chenoa's commercial landscape.

    Property Features for 410 Pickett St

    General Information

    Property type
    Investment properties
    Square Feet
    2,400 SF

    Building Details

    Year Built
    1998
    Property Profile Location Intelligence

    Current Use by Public Records

    Investment properties

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Auto Repair Shop Hair Salon Clothing Store Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Chenoa
    County
    McLean
    State
    Illinois
    Longitude
    -88.7267
    Latitude
    40.74146

    Nearby Comparable

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      Prime Pontiac Commercial Land

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      Prime Pontiac Commercial Land

      High-traffic location, excellent visibility. $150,000 asking price.
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    Nearby Similar for Sale

    • $69,900
      2,178 SF

      Downtown Chenoa Mixed-Use Property

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      View Details

    FAQs

    What type of property is this?
    Investment property - Two Buildings, Ample Space, Great Potential
    Where is this investment property located?
    The property is located at 410 Pickett St Chenoa, IL.
    What is the asking price?
    The asking price for this property is $79,999.
    (815) 998-1000
    Request Owner's contact information
    410 Pickett St Chenoa, IL 61726
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    Chenoa, IL 61726
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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 Pickett St Chenoa, IL 61726
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