Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    407 Madison St Auburn, IL 62615

    Sponsored
    For Sale
    $200,000

    Versatile space, golf simulator included. Prime location.

    Property size:
    1,330 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional 1,330 square foot commercial property located at 407 W Madison Street in Auburn, Illinois, presents a unique investment opportunity. Priced at $200,000, this general commercial space is brimming with potential for a variety of businesses. A key feature is the inclusion of a state-of-the-art golf simulator boasting over 20 different game options, providing immediate revenue potential or a significant draw for customers. The spacious layout offers flexibility for customization, making it ideal for entrepreneurs seeking to establish a party venue, bar, or sports-themed entertainment center. The property sits on a lot with zero acres, making it easily manageable and low-maintenance. Its location in Auburn provides convenient access to local amenities and a strong customer base. This turnkey opportunity requires minimal upfront investment beyond the purchase price, allowing for a quick return on investment. The existing golf simulator alone represents a significant asset, offering immediate revenue generation possibilities. Don't miss this chance to own a versatile commercial space with exceptional potential in a desirable location. Serious inquiries only.

    Property Features for 407 Madison St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    1,330 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Trojan Horse Bar 1 CALL REAL ... Real Estate Agency

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Auburn
    County
    Sangamon
    State
    Illinois
    Longitude
    -89.7459
    Latitude
    39.59089

    Nearby Comparable

    • $149,900
      2,104 SF

      Auburn Commercial Building - Prime Location

      All-brick building, ideal for medical or office use.
      500 Jackson St, Auburn, IL 62615
      View Details
    • $449,990
      6 SF

      Chatham Commercial Lots Available

      Commercial lots in Chatham's high-traffic area near Route 4.
      Lots Foxx Crk, Chatham, IL 62629
      View Details
    • $325,000

      Chatham, IL: 8+ Acre Development Land

      Prime 8+ acre Chatham, IL development opportunity.
      000 Main St, Chatham, IL 62629
      View Details
    • $175,000
      1.60 Acres

      Prime Commercial Land, Divernon, IL

      1.6-acre commercial property with high visibility and access to I-55.
      100 N Reichert Rd, Divernon, IL 62520
      View Details
    • $325,000
      8.37 Acres

      Chatham Commercial Land - 8 Acres

      Prime Chatham land, ideal for development. 8+ acres, sewer available.
      000 Main St, Chatham, IL 62629
      View Details
    • $689,900

      Chatham Commercial Property For Sale

      Commercial property in the heart of Chatham, Illinois, for sale.
      215-221 N Main St, Chatham, IL 62629
      View Details
    • $689,900

      Chatham Commercial Building - Prime Location

      High-traffic, multi-use building, excellent investment.
      215-221 Main St, Chatham, IL 62629
      View Details
    • New
      $409,900
      2.40 Acres

      Income-Generating Mobile Home Park

      2.4-acre mobile home park with 14 rental units.
      Jones St, Virden, IL 62690
      View Details

    Nearby Similar for Sale

    • $149,900
      2,104 SF

      Auburn Commercial Building - Prime Location

      All-brick building, ideal for medical or office use.
      500 Jackson St, Auburn, IL 62615
      View Details

    FAQs

    What type of property is this?
    Commercial real estate - Versatile space, golf simulator included. Prime location.
    Where is this commercial real estate located?
    The property is located at 407 Madison St Auburn, IL.
    What is the asking price?
    The asking price for this property is $200,000.
    Request Owner's contact information
    407 Madison St Auburn, IL 62615
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    407 Madison St
    Auburn, IL 62615
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    407 Madison St Auburn, IL 62615
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.