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    OFF-MARKET
    Commercial real estate

    4575 State Rte 146 Hwy, Anna, IL 62920

    6,500 SF 0.94 ac lot Built 1979
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 1979
    Total area 6,500 SF
    Lot 0.94 ac (40,946 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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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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