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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

115 Schrader St Havana, IL 62644

Property ID
Property summary
AI-generated overview

This exceptional commercial property presents a unique investment opportunity in Havana, Illinois. Located at 115 N Schrader Street, this single-building retail space is currently occupied by a Dollar General store under a separate lease agreement. The sale includes only the building itself; the business operations of Dollar General are not included in the transaction and will continue uninterrupted. This ensures a stable, existing income stream for the new owner. The property boasts a highly visible location on a large corner lot in downtown Havana, providing ample parking for customers. Showings are strictly scheduled to avoid disruption to the Dollar General store's daily operations and must be coordinated in advance. The building's size and configuration are ideal for continued retail use, offering significant potential for long-term rental income or future development. The asking price for this well-situated property is $600,000. The property is zoned for commercial use and is situated in Mason County, Illinois, with a 62644 zip code. Given its prime location and existing tenant, this property represents a compelling investment opportunity for discerning buyers seeking a stable, income-generating asset in a thriving community. Serious inquiries are encouraged to schedule a viewing during designated store hours.

Property profile
Verified
Property type Retail properties & Spaces
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
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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