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    311 Small St Harrisburg, IL 62946

    Sponsored
    For Sale
    $180,000

    Versatile 3360 sq ft building, great potential!

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This Harrisburg, IL commercial property at 311 Small Street offers 3,360 square feet of flexible space ideal for a variety of businesses. The main area is a large open space easily divisible into smaller rooms, complemented by a separate 8x8 office. Two bathrooms, each approximately 12x15, provide ample facilities. A rear room, previously used as a gym, features wall-mounted mirrors. The building is equipped with two HVAC units, each with a gas furnace and central air conditioning, ensuring year-round comfort. A significant upgrade is the new solar panel system installed in December 2022, offering energy efficiency and cost savings. Covered front and side entryways with concrete patios provide convenient access. High-speed fiber internet and a security system are also in place. Built in 1998, this property presents a unique opportunity for entrepreneurs and investors alike. The asking price is $180,000. The property is located in Saline County, Illinois, zip code 62946.

    Property Features for 311 Small St

    General Information

    Property type
    Retail properties

    Building Details

    Year Built
    1998
    Buildings
    1

    HighLights

    • $180,000 asking price.
    • 3,360 square foot building on a commercial lot in Harrisburg, IL.
    • Flexible floorplan suitable for various businesses, including large and small operations.
    • Features a large open area, a separate 8x8 office, and two 12x15 bathrooms.
    • Includes a rear room with mirrors, previously used as a gym.
    • Equipped with two HVAC units (gas furnaces and central air) and a new solar panel system (installed December 2022).
    Property Profile Location Intelligence

    Current Use by Public Records

    Good Life Nutrition ... Sports Nutrition Store Heartland Beef Farm Farm Eden Holistic Health Health Consultant

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Harrisburg
    County
    Saline
    State
    Illinois
    Longitude
    -88.5322362
    Latitude
    37.7495503

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    FAQs

    What type of property is this?
    Retail property - Versatile 3360 sq ft building, great potential!
    Where is this retail property located?
    The property is located at 311 Small St Harrisburg, IL.
    What is the asking price?
    The asking price for this property is $180,000.
    What are key features of this property?
    This property features: $180,000 asking price.; 3,360 square foot building on a commercial lot in Harrisburg, IL.; Flexible floorplan suitable for various businesses, including large and small operations.
    Request Owner's contact information
    311 Small St Harrisburg, IL 62946
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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
    311 Small St Harrisburg, IL 62946
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