217 State St, Atkinson, IL 61235
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.
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.