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    215 Main St Lawndale, IL 61751

    Sponsored
    For Sale
    Contact for pricing

    $9k Commercial/Residential Lot

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 0.16-acre commercial/industrial/residential land parcel presents a unique investment opportunity in Lawndale, Illinois. Located at 215 Main Street, this property boasts 50 feet of frontage on Main Street, offering excellent visibility and accessibility. Its prime location is just three blocks from the historic Route 66 and conveniently situated between Atlanta and Lincoln, Illinois, approximately 10 miles from Lincoln. The property is zoned for Residential Medium Density and includes ample parking for 10 vehicles. The lot measures 50 feet wide by 165 feet deep. Utilities are available (buyer to verify). The asking price is $8,999, translating to $1.25 per square foot. This fee-simple ownership offers flexibility for various development possibilities. All cash offers will receive a written response within 24 hours. Owner financing may be considered. The property's APN is 08-706-004-00. The property is two blocks from Kickapoo Creek. This is a rare opportunity to acquire land near a historic landmark in a central Illinois location.

    Property Features for 215 Main St

    General Information

    Property type
    Land

    HighLights

    • 0.16‑acre commercial/industrial/residential lot in Lawndale, IL, priced at $8,999.
    • 50' Main Street frontage, excellent visibility and accessibility.
    • Located three blocks from historic Route 66, between Atlanta and Lincoln, IL (approx. 10 miles from Lincoln).
    • Zoned for Residential Medium Density, with parking for 10 vehicles; lot dimensions: 50' x 165'.
    • Utilities available (buyer to verify); APN: 08‑706‑004‑00.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Garden Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Lawndale
    County
    Logan
    State
    Illinois
    Longitude
    -89.282588124968
    Latitude
    40.219413431177

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    FAQs

    What type of property is this?
    Land - $9k Commercial/Residential Lot
    Where is this land located?
    The property is located at 215 Main St Lawndale, IL.
    What is the asking price?
    The asking price for this property is $8,999.
    What are key features of this property?
    This property features: 0.16-acre commercial/industrial/residential lot in Lawndale, IL, priced at $8,999.; 50' Main Street frontage, excellent visibility and accessibility.; Located three blocks from historic Route 66, between Atlanta and Lincoln, IL (approx. 10 miles from Lincoln).
    Request Owner's contact information
    215 Main St Lawndale, IL 61751
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    Lawndale, IL 61751
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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
    215 Main St Lawndale, IL 61751
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