1801 Il-1, Marshall, IL 62441
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.