90 Eastgate Dr, Washington, IL 61571
This exceptional 8,916-square-foot office building presents a rare opportunity in Washington, IL. Constructed in 2015, this meticulously maintained property boasts a prime location just off US Route 24/Boyd Parkway, offering excellent visibility and accessibility. Situated on a spacious 1.84-acre lot near Illinois Central College, the building benefits from a high-traffic area and a desirable proximity to educational institutions. The property features a comprehensive array of modern amenities, including three-phase electric service, a Generac automatic failover generator ensuring uninterrupted power, and extensive fiber and ethernet cabling throughout. Safety and security are paramount, with fire and theft alarm systems, fire-rated security doors between sections, and multiple HVAC units for climate control. A significant advantage is the inclusion of a tornado-rated shelter within the restrooms. The sale price includes all existing Lincoln Office brand furniture, valued at $150,000, encompassing projectors, conference room equipment, and select artwork. Furthermore, the property's design allows for future expansion, with plans in place to accommodate an additional 5,200-square-foot building on the northeast corner of the lot. This turnkey operation offers immediate occupancy and significant potential for growth.
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
Similar Nearby for Sale
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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.