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Property profile & analytics
OFF-MARKET
Land

747 State St Charleston, IL 61920

0.92 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 0.92-acre commercial/industrial lot is situated in Charleston, Illinois's desirable Northwest Business Park. Ideally located at 747 West State Street, zip code 61920, this property (Lot 2) presents a fantastic opportunity for immediate development. All utilities are readily available, simplifying the construction process and minimizing upfront costs. The lot is zoned for Light Industrial use, offering versatility for a range of businesses. The property's location is easily accessible, with directions provided as follows: travel west on Route 316 (West State Street) past the fairgrounds to the Northwest Business Park. The lot is conveniently located on the north side of State Street. This parcel offers significant potential, especially when considered in conjunction with the adjacent western lot, which would create a combined area of over two acres. The asking price for this prime piece of land is $49,900. Don't miss this chance to secure a strategic location for your next venture in a thriving business park.

Property profile
Verified
Property type Land
Lot 0.92 ac (40,075 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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