328 Parkside Dr, Washburn, IL 61570
This exceptional $145,000 commercial property located at 328 W Parksid Drive, Washburn, IL 61570, presents a unique investment opportunity. The property is classified as land and industrial, encompassing a former Chevrolet garage. The building itself features a showroom, a service garage, a dedicated parts room, a wash bay, and a sizable car lot. Its prime location ensures high traffic counts, a significant advantage for any business. Currently operating as a service center, the property offers immediate potential for continued use in a similar capacity or adaptation to other commercial ventures. It's important to note that all parts, equipment, and the existing business are being sold separately from the real estate. The property's geographical coordinates are 40.9170137 latitude and -89.2955245 longitude, situated in Woodford County, Illinois. This is a land sale, offering the buyer complete control and flexibility for future development or continued operation. The property's history as a well-established service center provides a solid foundation for a variety of commercial uses. Serious inquiries are encouraged to schedule a viewing and explore the possibilities this property offers.
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.