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    100 Clinton St Middletown, IL 62666

    Sponsored
    For Sale
    Contact for pricing

    Restaurant/Office Potential - AS IS

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 100 N CLINTON Street property in Middletown, Illinois, presents a unique investment opportunity. The commercially zoned lot features a concrete block structure situated on a solid corner lot directly across from a public park. The existing building requires substantial repairs and is sold entirely "AS IS," offering significant potential for redevelopment. The 62666 zip code location provides excellent visibility and accessibility. Buyers have the flexibility to renovate the existing structure to suit a variety of commercial uses, such as a restaurant or office space, or even convert it into residential living quarters. The property's prime location and the motivated seller's willingness to consider all reasonable offers make this an attractive proposition for investors seeking a project with high upside potential. The land itself is a key asset, offering a strong foundation for a new build or extensive renovation. This is a chance to acquire a property in a desirable location with the freedom to create a tailored commercial or residential space. The property is located in Logan County, Illinois, and offers a unique blend of convenience and potential. The asking price is $5,000.

    Property Features for 100 Clinton St

    General Information

    Property type
    Restaurants

    HighLights

    • $5,000 asking price for commercial land in Middletown, IL.
    • Located at 100 N CLINTON Street, Middletown, IL 62666.
    • Commercially zoned concrete block structure; needs substantial repair; sold AS IS.
    • Corner lot across from a public park.
    • Suitable for commercial remodel or residential conversion.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Auto Repair Shop Kitchen & Bath Bar & Pub Discount Store Plumbing Service Pet Supply Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Middletown
    County
    Logan
    State
    Illinois
    Longitude
    -89.591642
    Latitude
    40.100507

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    FAQs

    What type of property is this?
    Restaurant - Restaurant/Office Potential - AS IS
    Where is this restaurant located?
    The property is located at 100 Clinton St Middletown, IL.
    What is the asking price?
    The asking price for this property is $5,000.
    What are key features of this property?
    This property features: $5,000 asking price for commercial land in Middletown, IL.; Located at 100 N CLINTON Street, Middletown, IL 62666.; Commercially zoned concrete block structure; needs substantial repair; sold AS IS.
    Request Owner's contact information
    100 Clinton St Middletown, IL 62666
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    Middletown, IL 62666
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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
    100 Clinton St Middletown, IL 62666
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