1801 Il-1 Marshall, IL 62441
- Specialty properties
- 1,664 SF
- 0.77 lot acres
Current Use by Public Records
- Specialty properties
Property Details for 1801 Il-1
- Year built
- 1970
- Lot size
- 0.77 lot acres
- Property size
- 1,664 SF
- Property type
- Specialty properties
- Property subtype
- Retail properties
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Marshall
- County
- Clark
- State
- Illinois
- Longitude
- -87.693
- Latitude
- 39.4168
