Property profile

408 Randolph St McLeansboro, IL 62859

OFF-MARKET
Office Spaces
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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

Location

408 Randolph St McLeansboro, IL 62859
McLeansboro metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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