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    134 E Chestnut St Canton, IL 61520

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    For Sale
    Contact for pricing

    Freestanding multi-tenant retail building with immediate investment return potential.

    Property size:
    14,100 SF
    Lot size:
    0.28 Acres

    Property Features for 134 E Chestnut St

    General Information

    Size
    14,100 SF
    Lot size
    0.28 Acres

    Source: Legacy Real Estate Advisors Agent Jaidyn Smith

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Multi-Tenant Retail in Canton, IL

    This multi-tenant retail building is located in Canton, Illinois. The building has 14,100 square feet of space and is situated on a 0.34-acre lot. The property features five units, offering diversified rental income potential. The building is currently 100% occupied. The property benefits from modern amenities and an updated interior. The location has over 10,000 residents within a 1-mile radius and over 14,500 residents within a 3-mile radius. The property is a 39-minute drive to Peoria Airport, a distance of 27.8 miles. There is potential for value appreciation in a growing market by increasing rents from the low-rent junior tenants.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Strip malls

    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
    Canton
    County
    Fulton
    State
    Illinois
    Longitude
    -90.03724
    Latitude
    40.55722

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    FAQs

    What type of property is this?
    Strip mall - Freestanding multi-tenant retail building with immediate investment return potential.
    Where is this strip mall located?
    The property is located at 134 E Chestnut St Canton, IL.
    What are key features of this property?
    This property features: - 100% Occupancy for Immediate Investment Return; - 5 Units for Diversified Rental Income Potential; - 14,100 SF Building on 0.34 Acre Lot
    (248) 450-3257
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    134 E Chestnut St 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
    134 E Chestnut St Canton, IL 61520
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