737 Il Rte 34 Hwy, Herod, IL 62947
This exceptional commercial land opportunity in Herod, Illinois, presents a unique investment prospect. Located at 737 & 739 IL Route 34 N Highway, this property boasts six existing buildings, offering significant potential for expansion and diversification. The asking price is $275,000. The property's strategic location near the Garden of the Gods and surrounding attractions makes it ideally suited for a variety of commercial ventures. Current features include a convenience store, a small deli area equipped with pizza ovens, an oven, cooler, and ice cream freezer. There's also space for a sandwich/salad shop, creating a welcoming atmosphere for visitors and locals alike. The multiple buildings provide ample room for expansion, allowing for the development of additional businesses or residential units. This property offers a rare chance to establish a thriving business in a picturesque setting, capitalizing on the existing infrastructure and high tourist traffic. The property is zoned for commercial use and is situated in Hardin County, Illinois, with a zip code of 62947. The property's latitude and longitude coordinates are 37.563584 and -88.40946, respectively. This is a turnkey opportunity to own and operate a successful business in a desirable 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
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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.