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Property profile & analytics
OFF-MARKET
Land

600 Dunn St Elizabethtown, IL 62931

Property ID
Property summary
AI-generated overview

This exceptional commercial property, located at 600 Dunn Street in Elizabethtown, Illinois, 62931, presents a unique investment opportunity. The property consists of a single building situated on a sizable land parcel. The building, formerly used as a church, offers significant versatility and potential for diverse uses. The main level encompasses 1800 square feet of usable space, while the lower level adds another 1320 finished square feet. The lower level features a fully equipped kitchen with ample cabinetry and appliances, which will remain with the property. Two rooms in the basement are currently used for storage. The building also includes two bathrooms on each level; however, these bathrooms do not have tubs or showers. The main level offers substantial seating capacity, suitable for continued use as a place of worship or easily adaptable for other purposes. Adding to the property's appeal is a covered pavilion at the rear of the basement, complete with numerous picnic tables. The asking price for this property is $85,000. This presents a rare chance to acquire a versatile commercial building with significant potential in a desirable location. The property's size, existing features, and adaptable layout make it an attractive option for a wide range of commercial ventures or even residential conversion. Serious inquiries are encouraged.

Property profile
Verified
Property type Land
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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CAP Approach CAP
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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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