Listing Agency: Matthews

Listed By: Eddie DeSimone · License #10410386411

Source: Crexi

Added: Apr 24 Changed: Jul 22 Last Checked: Jul 23 at 8:05AM

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Investment Insights

Based on property information with market context.

This for-sale retail investment property is presented with a 9.00% CAP and includes approximately 10,380 square feet of retail space. The asset is listed with a focus on the income metric provided in the public remarks.

The property is located at 1608 Georgetown Rd in Tilton, Illinois (61833).

Key Highlights

• Listed at a 9.00% cap rate
• Retail property totaling 10,380 SqFt
• For sale in Tilton, IL

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Building Supply Law Firm Hair Salon Big Box & Wholesale Store Auto Parts Store Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

180

Businesses Nearby

Explore this area Business Placement

Demographics for 61833, IL

1,968

Population

953

Households

2.1

Avg Household Size

48

Median Age

7%

College-Educated

91%

High-School Grad

1.5 sq mi

ZIP Area

1,312

Density / Sq Mi

$47,340

Median Household Income

$39,091

Median Earnings

$837

Median Rent

$70,300

Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

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Frequently Asked Questions

What type of property is this?

Retail space - For sale retail property in Tilton, IL marketed at a 9.00% cap rate.

Where is this retail space located?

The property is located at 1608 Georgetown Rd Tilton, IL.

What are key features of this property?

This property features: Listed at a 9.00% cap rate; Retail property totaling 10,380 SqFt; For sale in Tilton, IL