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Property profile & analytics
OFF-MARKET
Mixed-use properties

420 South St Plano, IL 60545

Built 1950
Property ID
Property summary
AI-generated overview

This exceptional mixed-use property at 420 E South Street, Plano, IL, presents a remarkable investment opportunity. Situated on a substantial 148x200 foot lot directly on Route 34, this high-traffic location offers unparalleled visibility and accessibility. Currently zoned B-5, the property's zoning allows for a wide range of development possibilities, making it ideal for entrepreneurs and investors with diverse visions. The existing building requires significant renovation or could be demolished to accommodate a completely new construction project. The expansive lot size provides ample space for a variety of commercial ventures, from retail spaces and restaurants to offices and light industrial uses. The property's prime location in Plano, IL, ensures strong potential for attracting customers and tenants. This is a rare chance to acquire a large parcel in a bustling area with significant upside potential. Serious inquiries are encouraged to explore the possibilities and envision the future of this dynamic property. The property is being offered at $199,900. Interested parties are welcome to conduct a site visit to assess the property's condition and potential.

Property profile
Verified
Property type Mixed-use properties
Year built 1950
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
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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