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    134 East Railroad St Ashley, IL 62808

    Sponsored
    For Sale
    $30,000

    Prime Ashley location, 2566 sq ft, $30,000

    Property size:
    2,566 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    339
    This exceptional commercial property, situated at 134 N East Railroad Street in Ashley, Illinois, presents a remarkable opportunity for entrepreneurs and investors alike. Boasting a generous 2,566 square feet of space, this building is ideally located in Ashley's central business district, providing convenient access to Illinois Highway 15, ensuring high visibility and easy accessibility for customers and employees. Currently a blank canvas, this property offers unparalleled flexibility for customization. The substantial square footage allows for a wide range of business applications, from retail spaces to offices, or even a combination thereof. The building's current condition presents a chance to create a truly unique and personalized business environment, reflecting the brand's identity and vision. The 0.05-acre lot provides ample space for potential expansion or outdoor amenities. Priced affordably at $30,000, this property represents an exceptional value in the Ashley commercial real estate market. Don't miss this chance to acquire a diamond-in-the-rough with significant upside potential. This is a rare opportunity to establish a thriving business in a desirable location. The building's central location and ample space make it an ideal investment for those seeking a high-return opportunity. Act quickly to secure this exceptional property.

    Property Features for 134 East Railroad St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    2,566 SF
    Lot Size
    2,178 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Spa & Massage Hair Salon Hotel & Motel Nail Salon Department Store Storage Facility Grocery Store Bar & Pub Convenience Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Ashley
    County
    Washington
    State
    Illinois
    Longitude
    -89.18924
    Latitude
    38.32842

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    FAQs

    What type of property is this?
    Commercial real estate - Prime Ashley location, 2566 sq ft, $30,000
    Where is this commercial real estate located?
    The property is located at 134 East Railroad St Ashley, IL.
    What is the asking price?
    The asking price for this property is $30,000.
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    134 East Railroad St Ashley, IL 62808
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    Ashley, IL 62808
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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
    134 East Railroad St Ashley, IL 62808
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