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    Hawthorne Dr Charleston, IL 61920

    Sponsored
    For Sale
    $289,000

    Prime 1.97-acre commercial lot near Walmart.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1.97-acre commercial land parcel presents a unique investment opportunity in Charleston, Illinois. Strategically located directly across Hawthorne Drive from the bustling Charleston Walmart, this property offers unparalleled visibility and accessibility. The site comprises three contiguous parcels (APN: 02-2-17080-000, 02-2-17081-000, 02-2-17082-000), totaling 1.97 acres, and is zoned C-2 General Commercial, mirroring the zoning of Lincoln Avenue throughout the city. City utilities are readily available, making this site ideal for immediate development. Convenient access is provided via Hawthorne Drive and Bostic Drive, ensuring high traffic flow and excellent exposure for any commercial venture. The seller prefers to sell all three parcels together, presenting a cohesive and readily developable site. This prime location, coupled with its favorable zoning and utility access, makes this property an exceptional opportunity for investors seeking high-impact commercial development in a thriving retail area. The asking price for this exceptional property is $289,000.

    Property Features for 0 Hawthorne Dr

    General Information

    Property type
    Land
    Lot Size
    85,813 SF

    HighLights

    • 1.97‑acre commercial land parcel in Charleston, IL, directly across from Walmart.
    • Three contiguous parcels (APN: 02‑2‑17080‑000, 02‑2‑17081‑000, 02‑2‑17082‑000) totaling 1.97 acres.
    • C‑2 General Commercial zoning.
    • City utilities available.
    • Excellent visibility and accessibility via Hawthorne and Bostic Drives.
    • Asking price: $289,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Charleston
    County
    Coles
    State
    Illinois
    Longitude
    -88.153812807477
    Latitude
    39.485736382765

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    FAQs

    What type of property is this?
    Land - Prime 1.97-acre commercial lot near Walmart.
    Where is this land located?
    The property is located at Hawthorne Dr Charleston, IL.
    What is the asking price?
    The asking price for this property is $289,000.
    What are key features of this property?
    This property features: 1.97-acre commercial land parcel in Charleston, IL, directly across from Walmart.; Three contiguous parcels (APN: 02-2-17080-000, 02-2-17081-000, 02-2-17082-000) totaling 1.97 acres.; C-2 General Commercial zoning.
    (217) 232-1115
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    Hawthorne Dr Charleston, IL 61920
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    Charleston, IL 61920
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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
    Hawthorne Dr Charleston, IL 61920
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