147 1 St Elizabethtown, IL 62931
This exceptional 3672 square foot industrial property, located at 147 E 1ST Street in Elizabethtown, Illinois, presents a unique investment opportunity. Priced at $69,500, this single-building property sits on land and offers a diverse range of potential uses, including commercial, warehouse, flex space, manufacturing, and even medical office space. The building boasts a spacious layout featuring a full kitchen within a large open area, perfect for employee break rooms or potential food service operations. Two bathrooms provide ample convenience. A dedicated front office (approximately 18' x 17') offers a professional workspace, while several additional rooms and open areas provide flexibility for various business needs. Noteworthy features include a substantial 34' x 38' room and a 13' x 26' storage room, catering to diverse storage and operational requirements. The property also benefits from stunning river views, adding to its appeal and potential for attracting customers or employees. Situated in a small river town experiencing near year-round tourism, this location offers excellent visibility and access to a steady stream of potential clients. This versatile property is ideal for entrepreneurs seeking a functional and attractive space to establish and grow their business. The property's zoning and permitted uses should be independently verified.
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
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.