10 Southgate Dr Tilton, IL 61832
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.
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
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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.