134 East Railroad St, Ashley, IL 62808
This exceptional commercial land parcel, located at 134 N East Railroad Street in Ashley, Illinois, presents a unique investment opportunity. Priced at $30,000, this 2,566 square foot lot offers a blank canvas for ambitious entrepreneurs. Situated in Ashley's central business district, the property enjoys convenient access to IL Hwy 15, ensuring high visibility and easy accessibility for customers and employees. The existing structure, while requiring upgrades and improvements, provides a substantial footprint for customization. Businesses of nearly any type could adapt the space to create a unique and personalized brand presence. This is a rare chance to acquire a diamond-in-the-rough property in a thriving Illinois community. The property's central location and generous square footage make it ideal for a wide range of commercial ventures. The zip code is 62808, and the property's coordinates are latitude 38.3094911 and longitude -89.1920373. This is a truly exceptional opportunity to establish a strong commercial presence in a desirable location. Don't miss out on this chance to shape the future of your business.
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.