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    1321 Arthur Burch Dr Bourbonnais, IL 60914

    For Sale
    $565,000

    High-traffic location, two buildings, 4,900 SF

    Property size:
    4,900 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional retail investment opportunity in Bourbonnais, Illinois, presents two buildings totaling 4,900 square feet on a substantial 14,605 square foot lot. Ideally situated on 1321 N Arthur Burch Dr, this property boasts excellent visibility and high traffic counts due to its proximity to Route 50 and Interstate 57. The gross lease structure simplifies ownership. Each building offers approximately 4,940 and 1,200 square feet respectively, both thoughtfully designed to accommodate a variety of business needs. Features include dedicated office space and ample display areas, making them immediately suitable for a range of retail operations. The asking price for this turnkey investment is $565,000. The property's strategic location and versatile layout make it an attractive prospect for savvy investors seeking a strong return on investment in a thriving market. The single-story buildings are ready for immediate occupancy, presenting a rare opportunity to establish or expand a business in a high-demand area. This property is zoned for retail use and offers significant potential for growth and profitability. The substantial lot size provides ample space for expansion or future development. Don't miss this chance to acquire a prime retail property in a prime location.

    Property Features for 1321 Arthur Burch Dr

    General Information

    Property type
    Individual retail properties
    Square Feet
    4,900 SF

    Building Details

    Buildings
    2
    Stories
    1

    HighLights

    • $565,000 asking price for a retail storefront.
    • 4,900 square foot retail space in Bourbonnais, IL.
    • Gross lease.
    • Two buildings on a 14,605 square foot lot.
    • High‑traffic location with Rt 50 exposure near I‑57.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Burch Mini Storage ... Storage

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Bourbonnais
    County
    Kankakee
    State
    Illinois
    Longitude
    -87.851470665579
    Latitude
    41.16473926524

    Nearby Comparable

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      Bourbonnais Retail Space - High Traffic!

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    FAQs

    What type of property is this?
    Individual retail property - High-traffic location, two buildings, 4,900 SF
    Where is this individual retail property located?
    The property is located at 1321 Arthur Burch Dr Bourbonnais, IL.
    What is the asking price?
    The asking price for this property is $565,000.
    What are key features of this property?
    This property features: $565,000 asking price for a retail storefront.; 4,900 square foot retail space in Bourbonnais, IL.; Gross lease.
    Request Owner's contact information
    1321 Arthur Burch Dr Bourbonnais, IL 60914
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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
    1321 Arthur Burch Dr Bourbonnais, IL 60914
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