Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    FOR SALE
    Commercial real estate

    214 S Main St, Anna, IL 62906

    0.07 ac lot
    Individually Owned 2-yr Hold Free & Clear
    Property ID
    US28-5051262
    Property summary
    AI-generated overview

    This exceptional commercial property, located at 214 S Main Street in Anna, Illinois, presents a unique investment opportunity. Boasting 1,955 square feet on a 0.07-acre lot, this building is situated on a high-traffic street, experiencing up to 12,000 vehicles per day. Currently undergoing a significant remodel, the property features exposed original brick walls, adding to its character and charm. Modernizations include new wiring and flooring, providing a solid foundation for a variety of commercial uses. The main level offers ample space for a business, while the upstairs area, mirroring the square footage downstairs, presents significant potential. This space could be developed into a residential apartment, a valuable addition to the property, or converted into a short-term rental, such as a VRBO, generating additional income streams. Anna's Main Street is experiencing a revitalization, establishing itself as a thriving shopping hub, making this property ideally positioned to capitalize on the area's growth. The asking price is $65,400. This is a rare chance to acquire a well-located, partially renovated commercial property with significant upside potential in a growing downtown area.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Lot 0.07 ac (3,036 SF)
    APN 14-00-08-140
    UPID US28-5051262
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Randal Charles · 2 yrs held
    Randal Charles
    since 2024
    Last sale
    $20,000
    2 recorded transactions
    2024
    $20,000
    2010
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message