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    300 North St Emden, IL 62635

    Sponsored
    For Sale
    $179,000

    Historic Building, Huge Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional Emden, IL property presents a unique investment opportunity. The main building boasts over 3,400 square feet of versatile space, ideal for a variety of commercial uses. Its striking brick façade and historic charm create an inviting landmark in the heart of town. The property also includes a 960-square-foot outbuilding, perfect for storage or expansion. Located at 300 NORTH Street, Emden, IL 62635, this property offers endless possibilities. Imagine transforming it into a thriving restaurant, a bustling contractor's hub, or a vibrant office space. The ample space is also suitable for retail ventures, allowing for a charming store offering local goods and services. This property is a blend of historic charm and modern functionality, providing a unique opportunity for entrepreneurs and visionaries to create a successful business. The spacious layout allows for flexible configurations to meet specific needs. Priced at $179,000, this is a chance to acquire two buildings for under $180,000, offering significant value and potential for future growth. Don't miss this chance to own a piece of Emden's history and shape its future.

    Property Features for 300 North St

    General Information

    Property type
    Distribution properties

    HighLights

    • $179,000 asking price.
    • 3,400+ SF main building plus a 960 SF outbuilding in Emden, IL.
    • Versatile property suitable for retail, office, or contractor use.
    • Historic brick building with ample space.
    • Located at 300 North Street, Emden, IL 62635.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Restaurant Building Supply Wholesale Shop Auto Repair Shop Storage Facility Bar & Pub Pet Supply Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Emden
    County
    Logan
    State
    Illinois
    Longitude
    -89.4862533
    Latitude
    40.3003494

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    FAQs

    What type of property is this?
    Distribution property - Historic Building, Huge Potential
    Where is this distribution property located?
    The property is located at 300 North St Emden, IL.
    What is the asking price?
    The asking price for this property is $179,000.
    What are key features of this property?
    This property features: $179,000 asking price.; 3,400+ SF main building plus a 960 SF outbuilding in Emden, IL.; Versatile property suitable for retail, office, or contractor use.
    Request Owner's contact information
    300 North St Emden, IL 62635
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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
    300 North St Emden, IL 62635
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