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Property profile

147 1 St Elizabethtown, IL 62931

OFF-MARKET
Commercial real estate
3,672 SF 0.19 ac lot
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Property summary

AI-generated overview

This exceptional 3,672 square foot commercial building presents a unique investment opportunity in the charming river town of Elizabethtown, Illinois. Situated on a 0.19-acre lot, the property boasts a prime location that benefits from nearly year-round tourism. The spacious interior offers a versatile layout ideal for a variety of entrepreneurial ventures. A key feature is a large room complete with a full kitchen, perfect for food service or events. Two bathrooms provide ample convenience. The building also includes a dedicated front office (approximately 18' x 17'), several additional rooms, and extensive open areas, including a sizable 34' x 38' space. A 13' x 26' storage room offers practical storage solutions. The diverse room sizes allow for flexible configurations to suit various business needs. Beyond the functional interior, the property offers the added benefit of a captivating river view, enhancing its appeal and potential for attracting customers. Priced at $69,500, this property represents a compelling opportunity to establish or expand a business in a thriving, tourist-driven community. The combination of size, location, and amenities makes this an exceptional value in the Elizabethtown commercial real estate market. Don't miss this chance to own a piece of this vibrant river town.

Property profile

Verified
Property type Commercial real estate
Total area 3,672 SF
Lot 0.19 ac (8,276 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

147 1 St Elizabethtown, IL 62931
Elizabethtown metro
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Value estimations

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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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