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    13631 Rte 37 Hwy Johnston City, IL 62951

    Sponsored
    For Sale
    $96,800

    Prime Highway 37 Retail Space

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    This exceptional commercial property, located at 13631 Route 37 Highway in Johnston City, Illinois, 62951, presents a fantastic opportunity for entrepreneurs and established businesses alike. Listed at $96,800, this 1100 square foot building sits on a land parcel and offers a versatile space ideal for retail, office, or specialty service uses. Built in 1960, the property has recently undergone a complete renovation, boasting a brand-new roof and siding. The HVAC system, including all ductwork, is also entirely new, ensuring energy efficiency and minimal maintenance. A convenient covered pull-through design provides easy access for loading and unloading, a significant advantage for many businesses. The single bathroom is sufficient for both staff and customers. The property's location on Highway 37 guarantees high visibility and consistent traffic flow, maximizing exposure to potential customers. This turnkey property offers a solid foundation for business growth, combining a strategic location with modern updates. Don't miss this chance to establish or expand your business in a thriving location.

    Property Features for 13631 Rte 37 Hwy

    General Information

    Property type
    Retail properties

    Building Details

    Year Built
    1960
    Buildings
    1

    HighLights

    • $96,800 asking price.
    • 1,100 SF commercial land and retail property in Johnston City, IL.
    • Built in 1960, with one building.
    • Recently renovated with new roof, siding, HVAC system, and ductwork.
    • Features a covered pull‑through and one bathroom.
    • High‑visibility location on Route 37 Highway.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Johnston City
    County
    Williamson
    State
    Illinois
    Longitude
    -88.933915
    Latitude
    37.7933781

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    FAQs

    What type of property is this?
    Retail property - Prime Highway 37 Retail Space
    Where is this retail property located?
    The property is located at 13631 Rte 37 Hwy Johnston City, IL.
    What is the asking price?
    The asking price for this property is $96,800.
    What are key features of this property?
    This property features: $96,800 asking price.; 1,100 SF commercial land and retail property in Johnston City, IL.; Built in 1960, with one building.
    Request Owner's contact information
    13631 Rte 37 Hwy Johnston City, IL 62951
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    Johnston City, IL 62951
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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
    13631 Rte 37 Hwy Johnston City, IL 62951
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