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Retail Property with 5.25% Cap
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608 S Main St, Hillsboro, IL 62049

For sale retail property totaling 8,000 SF, described with a 5.25% cap rate.

Property Size8,000 SF
Days on Market121

Property Features for 608 S Main St

General Information

Standard status Active
Size 8,000 SF
Property subtype Retail

Additional Details

Cap Rate 5.25%
Listing Agency: Encore Real Estate Investment Services
Listed By: Deno Bistolarides · License #6502378067
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 20 at 7:07PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Encore Real Estate Investment Services

Investment Insights

Based on property information with market context.

This for-sale retail property is listed at 608 S Main St in Hillsboro, IL 62049 and totals 8,000 SF. The public remarks describe the asset with a 5.25% cap rate.

The offering information provided focuses on the property type and size, along with the stated cap rate. Additional details such as specific tenancy, unit layout, improvements, or other operational characteristics are not included in the information provided, so interested parties should confirm all particulars directly during underwriting or due diligence.

Key Highlights

  • For sale retail property totaling 8,000 SF
  • Listed with a 5.25% cap rate

Property Analytics

Current Use

CVS Photo (Bike/Boat/Book/etc) Store CVS Pharmacy Pharmacy CDReload Instant Bitcoin Crypto Atm Shazam Atm Atm MoneyGram Bank

Suggested Use

Top Pick Real Estate Agency Plumbing Service Kitchen & Bath Showroom HVAC Service Skin Care Clinic (Bike/Boat/Book/etc) Store

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

369
Businesses Nearby
51k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 58% Dining 42%
McDonald's Dining
15,572 visits/mo 0.1 miles
MotoMart Shops & Services
8,589 visits/mo 0.1 miles
Casey's General Store Shops & Services
8,577 visits/mo 0.3 miles
Dollar General Shops & Services
7,387 visits/mo 0.5 miles
Hardee's Dining
5,747 visits/mo 0.2 miles

Demographics for 62049, IL

7,952
Population
2,970
Households
2.7
Avg Household Size
42
Median Age
14%
College-Educated
87%
High-School Grad
82.1 sq mi
ZIP Area
97
Density / Sq Mi
$54,767
Median Household Income
$36,264
Median Earnings
$817
Median Rent
$106,600
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 totaling 8,000 SF, described with a 5.25% cap rate.
Where is this retail space located?
The property is located at 608 S Main St Hillsboro, IL.
What are key features of this property?
This property features: For sale retail property totaling 8,000 SF; Listed with a 5.25% cap rate
(248) 702-0288 Call to check price and availability
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