Property profile

13631 Rte 37 Hwy Johnston City, IL 62951

OFF-MARKET
Retail properties & Spaces
Built 1960
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Property summary

AI-generated overview

This exceptional commercial property, located at 13631 Route 37 Highway in Johnston City, Illinois, 62951, presents a fantastic opportunity for entrepreneurs and established businesses alike. Listed at $96,800, this 1100 square foot building sits on a land parcel and offers a versatile space ideal for retail, office, or specialty service uses. Built in 1960, the property has recently undergone a complete renovation, boasting a brand-new roof and siding. The HVAC system, including all ductwork, is also entirely new, ensuring energy efficiency and minimal maintenance. A convenient covered pull-through design provides easy access for loading and unloading, a significant advantage for many businesses. The single bathroom is sufficient for both staff and customers. The property's location on Highway 37 guarantees high visibility and consistent traffic flow, maximizing exposure to potential customers. This turnkey property offers a solid foundation for business growth, combining a strategic location with modern updates. Don't miss this chance to establish or expand your business in a thriving location.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1960

Cap rate & NOI

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

Location

13631 Rte 37 Hwy Johnston City, IL 62951
Johnston City metro
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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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