115 Schrader St Havana, IL 62644
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.
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.