Property profile

217 State St Atkinson, IL 61235

OFF-MARKET
Specialty properties
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Property summary

AI-generated overview

This exceptional 61235 commercial property, located at 217 N State St in Atkinson, Illinois, presents a unique investment opportunity. Priced at $645,000, this strategically positioned parcel boasts unparalleled access to Interstate 80, offering high visibility and significant exposure to substantial interstate traffic. The property is zoned B-2 Business District General, within a Tax Increment Financing (TIF) designated area, providing potential economic incentives for development. Its ideal location at the northwest corner of the I-80 and Atkinson interchange makes it perfectly suited for a variety of commercial ventures. Envision a thriving retail establishment, a convenient hotel or restaurant, a much-needed convenience store, a campground catering to travelers, or a semi-truck service center – all benefiting from the constant flow of interstate traffic. The site is fully serviced, with readily available city water, sewer, three-phase electric, and natural gas connections, simplifying the development process. This prime location and advantageous zoning make this a truly exceptional opportunity for investors seeking high-impact commercial development in a rapidly growing area. The property's proximity to the interstate ensures high visibility and accessibility, making it an attractive proposition for a wide range of businesses. Don't miss this chance to capitalize on this exceptional location and build a successful commercial enterprise.

Property profile

Verified
Property type Specialty properties

Cap rate & NOI

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

Location

217 State St Atkinson, IL 61235
Atkinson 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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