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Property profile & analytics
OFF-MARKET
Warehouses

10 Southgate Dr Tilton, IL 61832

40,092 SF 1.13 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 40,092 square foot property, situated on a 1.127-acre lot in Tilton, Illinois, presents a significant investment opportunity. Located at 10 Southgate Drive, 61832, this vacant commercial space offers versatile usage as a storefront, warehouse, or office space. The asking price is $97,000, translating to a price per square foot of $2.42. The property enjoys a prime location just off Georgetown Road (Route 1 or US 150), benefiting from high visibility and excellent access. Surrounding businesses include well-established names such as Big R, County Market, Vermillion Chevy, Burger King, Monical's Pizza, and AutoZone, indicating a strong commercial presence in the immediate area. Southgate Drive itself is a thriving retail and office/warehouse park, further enhancing the property's desirability. This property's size and location make it ideal for a variety of commercial ventures, offering substantial potential for growth and return on investment. The property is currently vacant, allowing for immediate occupancy and customization to suit specific business needs. This is a rare opportunity to acquire a substantial commercial property in a well-established and thriving commercial area. The property's address is easily accessible and highly visible, ensuring maximum exposure for any business operating from this location. Don't miss this chance to secure a prime piece of commercial real estate in Tilton, Illinois.

Property profile
Verified
Property type Warehouses
Total area 40,092 SF
Lot 1.13 ac (49,092 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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