1501 Il-127 Greenville, IL 62246
This exceptional Greenville, IL property, located at 1501 IL-127 (cross street: E City Rte 40), offers a combined 4,500 square feet of versatile commercial space. Built in 2017, this single-story building sits on a 0.34-acre lot (15,246 sq ft) and features two suites available for lease. Currently, 2,900 square feet is vacant, with a maximum contiguous space of 1,500 square feet. The property is ideally suited for a variety of uses, including executive offices, traditional offices, retail, restaurants, or boutiques. Its prime location provides high traffic visibility directly off Route 127, offering excellent exposure to potential customers. The plaza's modern design provides a clean and attractive setting for businesses. The property's proximity to downtown Greenville and Greenville University ensures a strong customer base and convenient access for employees and clients. This is a rare opportunity to secure a well-located, modern commercial space in a thriving community. The available space is perfect for businesses seeking a high-visibility location with ample room for growth.
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.