Property profile

5717 Illinois Rte 78 Rd Virginia, IL 62691

OFF-MARKET
Commercial real estate
7,200 SF 1.07 ac lot
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Property summary

AI-generated overview

This exceptional 7,200 square foot commercial building presents a remarkable investment opportunity in Virginia, Illinois. Previously occupied by a Dollar General, this property boasts a highly desirable location just north of the intersection of Routes 125 and 78, ensuring excellent visibility and accessibility for any business. The building sits on a spacious 1.07-acre lot, providing ample space for customer parking – a total of 33 spaces are available. The interior features a wide-open floor plan, ideal for a variety of commercial uses, offering flexibility for customization and adaptation to suit specific business needs. A convenient, smaller storage area is located at the rear of the building, accessible via double doors. The property is available for sale at $225,000, representing a compelling value for its size, location, and potential. Its previous use as a successful retail establishment speaks to the property's inherent strengths and its suitability for a range of commercial ventures. The ample parking and high-traffic location make this an exceptional opportunity for a business seeking strong visibility and convenient access for customers. Serious inquiries are encouraged to explore the possibilities this property offers.

Property profile

Verified
Property type Commercial real estate
Total area 7,200 SF
Lot 1.07 ac (46,609 SF)

Cap rate & NOI

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

Location

5717 Illinois Rte 78 Rd Virginia, IL 62691
Virginia metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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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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