Property summary
This exceptional 1,357 square foot retail space, situated in a high-traffic strip center at the intersection of Illinois Routes 176 and 31, presents a fantastic opportunity for a small business. The property is a single-tenant space within a Class C building constructed in 1970. The building is a single-story structure without elevators. The space boasts recently updated features including newer flooring, fresh paint, and energy-efficient LED lighting, creating a modern and inviting atmosphere. Its prime location ensures excellent visibility and benefits from the proximity to other established businesses, guaranteeing high foot traffic and potential customer exposure. The zoning designation is B-2. The space is perfect for a variety of uses, making it an attractive option for entrepreneurs seeking a well-maintained and conveniently located space to launch or expand their operations. A $42 credit and background check is required per applicant. This is a rare opportunity to secure a well-positioned retail space in a thriving commercial area.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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