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    130 Central Ave Kincaid, IL 62540

    For Sale
    $249,000

    Retail property in Kincaid, Illinois, with gaming machines.

    Property size:
    1,500 SF
    Lot size:
    0.07 Acres

    Property Features for 130 Central Ave

    General Information

    Size
    1,500 SF
    Lot size
    0.07 Acres

    Source: Main Place Real Estate Agent Zane Peterson

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

    Overview

    Kincaid Retail Property with Gaming

    The property at 130 Central Ave in Kincaid, Illinois, presents an investment opportunity. The 1,500-square-foot building features a new roof, updated heating and air conditioning systems, and modern electrical wiring. The sale includes six gaming machines. The property is move-in ready and equipped for business. All other assets can be included as well.
    Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Building Supply Spa & Massage Hair Salon Hotel & Motel Gym & Fitness Nail Salon Food Market Storage Facility Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Kincaid
    County
    Christian
    State
    Illinois
    Longitude
    -89.412302
    Latitude
    39.586685

    Nearby Similar for Sale

    • $30,000
      Pending

      Affordable Kincaid Duplex For Sale

      Duplex in Kincaid, Illinois, ideal for investors.
      417 Walnut St, Kincaid, IL 62540
      View Details

    FAQs

    What type of property is this?
    Retail space - Retail property in Kincaid, Illinois, with gaming machines.
    Where is this retail space located?
    The property is located at 130 Central Ave Kincaid, IL.
    What is the asking price?
    The asking price for this property is $249,000.
    What are key features of this property?
    This property features: - Turnkey business opportunity with included gaming machines.; - New roof and updated HVAC systems.; - Modern electrical wiring.
    (217) 454-8800
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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
    130 Central Ave Kincaid, IL 62540
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