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    408 Randolph St McLeansboro, IL 62859

    Sponsored
    For Sale
    $300,000

    High-traffic, 1800 sq ft commercial building, turnkey option.

    Property size:
    1,800 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional 1,800 square foot commercial building is located in McLeansboro, Illinois, on high-traffic Route 14. Built in 2014, the single-story, freestanding structure is in superb condition and boasts a meticulously appointed interior. The property sits on a 0.22-acre lot and offers ample parking with seven spaces on a concrete pad and an additional twelve spaces on hard-packed gravel. Accessibility features include handicap access. The interior features polished sealed concrete flooring, spray foam insulated walls and ceiling, a reception area, a waiting area complete with a gas fireplace, and a large open space ideal for various commercial uses. Additional features include two bathrooms, four side rooms (one with a one-way view glass door and window, and plumbing), a closet, and a utility room equipped with a one-way view glass door, sink, cabinets, and washer/dryer hookups. The building is equipped with gas forced air heat, radiant floor heat, central air conditioning, a central vacuum system, a sound system, and a surveillance system. High-speed fiber optic internet service is available. Currently used as a high-end beauty salon and spa, the list price is for the real estate only

    Property Features for 408 Randolph St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    1,800 SF
    Lot Size
    9,583 SF

    Building Details

    Year Built
    2014
    Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    McLeansboro
    County
    Hamilton
    State
    Illinois
    Longitude
    -88.54139
    Latitude
    38.08963

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    FAQs

    What type of property is this?
    Commercial real estate - High-traffic, 1800 sq ft commercial building, turnkey option.
    Where is this commercial real estate located?
    The property is located at 408 Randolph St McLeansboro, IL.
    What is the asking price?
    The asking price for this property is $300,000.
    Request Owner's contact information
    408 Randolph St McLeansboro, IL 62859
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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
    408 Randolph St McLeansboro, IL 62859
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