1364 Il-17 Rte Lacon, IL 61540
- Commercial real estate
- 4,149 SF
- 1.45 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 1364 Il-17 Rte
- Lot size
- 1.45 lot acres
- Property size
- 4,149 SF
- Property type
- Commercial real estate
Description
This exceptional commercial property, located at 1364 IL-17 Route in Lacon, Illinois, presents a unique investment opportunity. The 4,149 square foot building sits on a 1.45-acre lot, offering ample space for a variety of uses. Currently operating as a long-established small engine sales and repair business, the property boasts impressive visibility on IL-17, just outside of Lacon's city limits. The existing business includes a substantial customer base, making this a turnkey operation with immediate revenue potential. The building features four overhead doors, providing convenient access for equipment and inventory. Significant expansion possibilities exist, with room to grow the current business or adapt the space for alternative commercial ventures. The property also includes the potential for living quarters, adding to its versatility. Adding to its value are two additional lots already equipped with utilities, providing further expansion or development options. This property offers a rare combination of established business, prime location, and significant growth potential, making it an ideal investment for discerning buyers. The asking price is $300,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lacon
- County
- Marshall
- State
- Illinois
- Longitude
- -89.38
- Latitude
- 41.0239
