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    OFF-MARKET
    Office Spaces

    408 Randolph St, McLeansboro, IL 62859

    Property ID
    Property summary
    AI-generated overview

    This exceptional 1,800 square foot commercial building is located in McLeansboro, Illinois, on high-traffic Route 14. Built in 2014, the single-story, freestanding structure is in superb condition and boasts a meticulously appointed interior. The property sits on a 0.22-acre lot and includes ample parking: seven spaces on a concrete pad in front, and an additional twelve spaces on hard-packed gravel at the sides and rear. The handicap-accessible building features a polished sealed concrete floor, spray foam insulated walls and ceiling, and a thoughtfully designed layout. Interior highlights include a reception space, a waiting area with a gas fireplace, a large open area, two bathrooms, and four side rooms—one with a one-way view glass door and window, and plumbing. Additional features include a closet, a utility room with a one-way view glass door, sink, cabinets, and washer/dryer hookups. The building is equipped with gas forced air and radiant floor heating, central air conditioning, a central vacuum system, a sound system, and a surveillance system. High-speed fiber optic internet service is available. Currently used as a high-end beauty salon and spa, the asking price is for the real estate only

    Property profile
    Verified
    Property type Office Spaces
    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
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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