13631 Rte 37 Hwy Johnston City, IL 62951
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.
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
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.