4575 State Rte 146 Hwy, Anna, IL 62920
This exceptional 6,500 square foot commercial property in Anna, Illinois presents a compelling investment opportunity. Situated on a 0.94-acre lot at 4575 E State Route 146 Highway, the property boasts a diverse income stream from three fully rented apartments and 4,000 square feet of retail space. Current tenants provide consistent rental income, offering immediate return on investment and a solid foundation for future growth. The substantial retail space allows for expansion of existing businesses or the introduction of new ventures, catering to a variety of commercial uses. The property's location within a Tax Increment Financing (TIF) district offers potential future incentives, adding further value to this already attractive investment. This versatile property is ideal for savvy investors seeking a blend of stable income and significant upside potential. The existing infrastructure and established tenant base minimize initial risk, while the ample space and TIF district designation provide a clear path for long-term growth and profitability. This is a rare opportunity to acquire a well-positioned commercial property with immediate income and significant future development potential. Serious inquiries are encouraged.
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.