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    1500 Us-36 Camargo, IL 61919

    For Sale
    $255,000

    Mixed-use building, high potential.

    Property size:
    4,193 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This 4,193-square-foot mixed-use building in Camargo, IL, presents a unique investment opportunity. Located at 1500 E US Highway 36, this property sits on a 1.6-acre lot (73,267 sq ft) and offers endless possibilities. Currently vacant, the building boasts a single story, built in 1920, and is zoned COMM. Previously used as a bar, daycare, and restaurant, the adaptable space is ideal for a variety of businesses. Features include a spacious patio perfect for outdoor events, Camargo City water, propane, septic system, and a metal roof. A basement provides additional storage. The property's prime location on US Highway 36, four miles east of Tuscola and at the entrance to Patterson Springs Subdivision, ensures high visibility and accessibility. The asking price is $255,000, with a price per square foot of $60.82. This is a single-unit building with no loading docks or dock-high doors. The property is offered in "as-is" condition. Serious inquiries only.

    Property Features for 1500 Us-36

    General Information

    Property type
    Day care centers
    Square Feet
    4,193 SF

    Building Details

    Year Built
    1920
    Buildings
    1
    Stories
    1
    Units
    1

    HighLights

    • 4,193 SF mixed‑use building on a 1.6‑acre lot in Camargo, IL.
    • Located at 1500 E US Highway 36, offering high visibility.
    • Currently vacant, single‑story building (1920 construction), zoned COMM.
    • Features a spacious patio, city water, propane, septic, and metal roof.
    • Includes a basement for additional storage; $255,000 asking price ($60.82/SF).
    • As‑is condition; no loading docks.
    Property Profile Location Intelligence

    Current Use by Public Records

    Day care centers

    Map

    City
    Camargo
    County
    Douglas
    State
    Illinois
    Longitude
    -88.1896023
    Latitude
    39.7919775

    Nearby Comparable

    • $199,900
      4,193 SF

      Camargo Mixed-Use Commercial Property

      High-traffic location, endless potential.
      1500 Us Highway 36, Camargo, IL 61919
      View Details
    • $199,900
      4,193 SF

      Camargo Mixed-Use Opportunity on US 36

      Mixed-use property on 1.6 acres with potential for various businesses.
      1500 E Us Highway 36, Camargo, IL 61919
      View Details

    Nearby Similar for Sale

    • $199,900
      4,193 SF

      Camargo Mixed-Use Opportunity on US 36

      Mixed-use property on 1.6 acres with potential for various businesses.
      1500 E Us Highway 36, Camargo, IL 61919
      View Details
    • $199,900
      4,193 SF

      Camargo Mixed-Use Commercial Property

      High-traffic location, endless potential.
      1500 Us Highway 36, Camargo, IL 61919
      View Details

    FAQs

    What type of property is this?
    Day care center - Mixed-use building, high potential.
    Where is this day care center located?
    The property is located at 1500 Us-36 Camargo, IL.
    What is the asking price?
    The asking price for this property is $255,000.
    What are key features of this property?
    This property features: 4,193 SF mixed-use building on a 1.6-acre lot in Camargo, IL.; Located at 1500 E US Highway 36, offering high visibility.; Currently vacant, single-story building (1920 construction), zoned COMM.
    Request Owner's contact information
    1500 Us-36 Camargo, IL 61919
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    Camargo, IL 61919
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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
    1500 Us-36 Camargo, IL 61919
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