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    OFF-MARKET
    Specialty properties

    1801 Il-1, Marshall, IL 62441

    1,664 SF 0.77 ac lot Built 1970
    Property ID
    Property summary
    AI-generated overview

    This exceptional 1,664 square foot freestanding building, situated on a 0.77-acre lot in Marshall, Illinois, presents a remarkable investment opportunity. Located on busy IL Hwy 1, boasting 164 feet of road frontage and excellent signage visibility, this property benefits from a high daily traffic count of 7,150 vehicles (per IDOT, 2023). The single-story building, constructed in 1970, offers ample parking with 30 spaces. Currently zoned B-3, the property's versatility allows for a wide range of uses, including retail, office, restaurant, and auto sales. The asking price is $549,900, translating to $330.47 per square foot. The entire 1,664 square feet is net rentable. This property's prime location and flexible zoning make it an ideal choice for a variety of businesses seeking high visibility and convenient access. The property is ready for immediate occupancy. This is a rare opportunity to acquire a well-located commercial property with significant potential for growth and profitability.

    Property profile
    Verified
    Property type Specialty properties
    Year built 1970
    Total area 1,664 SF
    Lot 0.77 ac (33,541 SF)
    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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