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    419 Broadway St Steeleville, IL 62288

    Sponsored
    For Sale
    $159,900

    Versatile Warehouse, Office Space, Car Wash Bay

    Property size:
    2,800 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 2,800 square foot commercial property in Steeleville, Illinois, presents a unique investment opportunity. Located at 419 W BROADWAY Street, zip code 62288, this single-building property seamlessly blends warehouse and office space, ideal for a variety of businesses. The front of the building features a welcoming reception area and three individual offices, complemented by a full bathroom. A significant advantage is the inclusion of a car wash bay, perfect for automotive-related businesses or as an added revenue stream. The expansive shop area provides ample space for operations, storage, or equipment. A dedicated meeting room offers a convenient space for client interactions or staff gatherings. Practical features include washer and dryer hookups, ensuring convenience for employees or tenants. The property also boasts abundant electrical outlets, including both 220 and 110-volt options, catering to diverse equipment needs. Accessibility is ensured with a handicap-accessible bathroom. This property is situated in Randolph County, Illinois, offering a strategic location for businesses seeking a blend of office and industrial space. The asking price is $159,900. This is a rare opportunity to acquire a versatile and well-equipped commercial property in a desirable location.

    Property Features for 419 Broadway St

    General Information

    Property type
    Distribution properties
    Square Feet
    2,800 SF

    Building Details

    Buildings
    1

    HighLights

    • $159,900 asking price.
    • 2,800 square foot building on land in Steeleville, IL.
    • Commercial warehouse property with one building.
    • Features reception area, three offices, full bath, car wash bay, large shop area, and meeting room.
    • Includes washer/dryer hookups, 220/110v outlets, and handicap‑accessible bathroom.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Map

    City
    Steeleville
    County
    Randolph
    State
    Illinois
    Longitude
    -89.6613383
    Latitude
    38.0086722

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    Nearby Similar for Sale

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      Remodeled Retail Building in Steeleville

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    FAQs

    What type of property is this?
    Distribution property - Versatile Warehouse, Office Space, Car Wash Bay
    Where is this distribution property located?
    The property is located at 419 Broadway St Steeleville, IL.
    What is the asking price?
    The asking price for this property is $159,900.
    What are key features of this property?
    This property features: $159,900 asking price.; 2,800 square foot building on land in Steeleville, IL.; Commercial warehouse property with one building.
    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
    419 Broadway St Steeleville, IL 62288
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