5717 Il-78, Virginia, IL 62691
This exceptional mixed-use property, located at 5717 IL-78 in Virginia, Illinois, presents a remarkable investment opportunity. The 7,200 square foot building sits on a spacious 1.07-acre lot, zoned B2, and boasts a versatile layout ideal for a variety of retail uses. Previously occupied by a Dollar General, the property features a wide-open floor plan perfect for customization, along with a convenient smaller storage area accessible via double doors. Ample parking is provided with 33 spaces available. The strategic location just north of the intersection of Rt. 125 and 78 ensures high visibility and accessibility for customers. The asking price is $225,000, translating to $31.25 per square foot. This single-story building presents a strong foundation for a thriving business, offering a blend of space, location, and potential. The property's APN is 11-098-015-00. This is a rare opportunity to acquire a well-situated retail space in a growing community. The property is ready for immediate occupancy and offers significant upside potential for the right buyer. Don't miss this chance to own a piece of Virginia, Illinois's vibrant commercial landscape.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.