420 South St Plano, IL 60545
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.