1245 E Bluff St, Marseilles, IL 61341
For Sale
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This exceptional value-add investment opportunity presents a 2,500 square foot free-standing building situated on a 0.88-acre lot at 1245 E Bluff Street in Marseilles, Illinois, zip code 61341. The property is zoned for business and currently operates as a laundromat equipped with 20 washers and 20 dryers, offering immediate income potential. The building's strategic location ensures high visibility and accessibility, making it an ideal prospect for various retail ventures. The expansive lot size provides ample space for expansion or future development. This property is located in the thriving Marseilles area of La Salle County, Illinois, presenting a compelling opportunity for investors seeking a promising commercial asset in a dynamic market. The asking price for this turnkey operation and land is $250,000. This is a rare chance to acquire a well-established business with significant upside potential in a desirable location. The property's existing infrastructure and prime location offer a strong foundation for immediate returns and long-term growth. Don't miss this chance to secure a valuable commercial property in a vibrant Illinois market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.