Property profile

1801 Il-1 Marshall, IL 62441

OFF-MARKET
Specialty properties
1,664 SF 0.77 ac lot Built 1970
Saved · see the list in your Dashboard

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

Location

1801 Il-1 Marshall, IL 62441
Marshall metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1801 Il-1?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message