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    812 Cleveland St Heyworth, IL 61745

    Sponsored
    For Sale
    $172,000

    Prime 1-acre commercial land, ideal for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 1-acre commercial lot presents a unique investment opportunity in the thriving town of Heyworth, Illinois. Located at 812 W Cleveland St, this property boasts a highly desirable corner location at the intersection of Highway 136 and S. Hilton, offering excellent visibility and accessibility. The lot is zoned for commercial use, providing flexibility for a variety of development projects. Its strategic position between Heyworth High School and a newly constructed Dollar General Market ensures high traffic volume and a strong customer base. The property's size and location make it particularly well-suited for a drive-thru restaurant or similar business requiring convenient access and high visibility. The asking price is $172,000. The McLean County Assessor's Parcel Number (APN) is 35-04-200-016. This is a rare opportunity to acquire a prime commercial lot in a growing community with significant potential for return on investment. Don't miss out on this chance to secure a piece of Heyworth's vibrant commercial landscape. The property is situated in a convenient location with easy access to major roadways and local amenities. This makes it an attractive option for businesses seeking a high-traffic location with strong community ties.

    Property Features for 812 Cleveland St

    General Information

    Property type
    Land
    Lot Size
    43,560 SF

    HighLights

    • 1‑acre commercial lot in Heyworth, IL, at 812 W Cleveland St.
    • Highly visible corner lot at Highway 136 and S. Hilton, zoned for commercial use.
    • High traffic volume due to proximity to Heyworth High School and a new Dollar General.
    • Ideal for a drive‑thru restaurant or similar business; asking price: $172,000.
    • McLean County Assessor's Parcel Number (APN): 35‑04‑200‑016.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon Hotel & Motel Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Heyworth
    County
    McLean
    State
    Illinois
    Longitude
    -88.983280578607
    Latitude
    40.31200552328

    Nearby Comparable

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    • $245,000
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    • New
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    Nearby Similar for Sale

    • $420,000
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      Heyworth Multi-Family Investment

      Nine-unit building, great rental income.
      219 Main St, Heyworth, IL 61745
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    FAQs

    What type of property is this?
    Land - Prime 1-acre commercial land, ideal for development.
    Where is this land located?
    The property is located at 812 Cleveland St Heyworth, IL.
    What is the asking price?
    The asking price for this property is $172,000.
    What are key features of this property?
    This property features: 1-acre commercial lot in Heyworth, IL, at 812 W Cleveland St.; Highly visible corner lot at Highway 136 and S. Hilton, zoned for commercial use.; High traffic volume due to proximity to Heyworth High School and a new Dollar General.
    Request Owner's contact information
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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
    812 Cleveland St Heyworth, IL 61745
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