2004 2Nd St, Fayetteville, IL 62258
This exceptional investment opportunity encompasses a substantial 1-acre commercial property located at 2004 2nd Street, Fayetteville, Illinois. The property boasts an impressive 283 feet of frontage along Illinois Route 15, ensuring high visibility and accessibility for any business. This strategic location offers significant potential for a variety of commercial ventures. The sale includes six separate parcels (19-08.0-118-008, 19-08.0-118-019, 19-08.0-118-012, 19-08.0-118-011, and 19-08.0-118-010), providing a diverse range of development possibilities. The land is comprised of three residential lots and five commercial lots, presenting a unique opportunity for mixed-use development or individual lot sales. The asking price for this expansive property is $350,000. This is a rare chance to acquire a significant land holding in a desirable location with excellent road frontage, making it an ideal investment for both established businesses and new ventures seeking a strong foothold in the Fayetteville market. Don't miss this chance to secure a prime piece of Fayetteville real estate.
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.