105 Main St, Shelbyville, IL 62565-1653
This exceptional Shelbyville, IL commercial property, located at 105 Main Street, presents a unique investment opportunity. Spanning 0.12 acres, the building offers a diverse range of income-generating spaces. The main level currently operates as a thriving sporting goods store, fully stocked with fishing gear, bait, lures, and all necessary equipment. All inventory, shelving, and equipment are included in the sale. A well-equipped office space, complete with computers, desk, seating, and a small refrigerator, is also located on the main level. A finished basement offers significant potential for expansion or additional rental income. The rear of the building houses a successful barbershop, generating consistent monthly revenue and equipped with barber chairs, stations, and laundry facilities. Finally, the upper level features a fully operational recreation center, including a commercial batting cage and a laser tag arena. All equipment for both attractions is included in the sale, making this an ideal venue for groups and birthday parties. This turnkey operation offers immediate income streams and significant upside potential for a savvy investor. The asking price is $350,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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.