4575 State Rte 146 Hwy Anna, IL 62920
- Commercial real estate
- 6,500 SF
- 0.94 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 4575 State Rte 146 Hwy
- Year built
- 1979
- Lot size
- 0.94 lot acres
- Property size
- 6,500 SF
- Property type
- Commercial real estate
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Anna
- County
- Union
- State
- Illinois
- Longitude
- -89.1604
- Latitude
- 37.4511