614 Knox St Oquawka, IL 61469
This exceptional investment opportunity presents a nearly 5,000 square foot building situated on a 0.69-acre lot in Oquawka, Illinois, at 614 Knox Street, zip code 61469. Currently divided into two distinct sections, the property offers immediate income generation from a tenant occupying one side. The remaining space presents versatile options, adaptable to a variety of uses including additional rental income, storage, or a workshop. The building's square footage is not precisely recorded, but the total area is approximately 5,000 square feet. The property boasts a sizable lot featuring established trees, enhancing its curb appeal and providing ample outdoor space. The asking price for this income-producing property is $70,000. This presents a unique chance to acquire a multi-functional building with existing rental income and significant potential for future growth in a desirable location. The property is located in Oquawka, Illinois, within Henderson County (county code 17071). Serious inquiries are encouraged.
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
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.