90 Eastgate Dr, Washington, IL 61571
This exceptional 8,916-square-foot Class A executive office building, situated on a 1.84-acre lot in Washington, Illinois (61571), presents a unique owner-user opportunity. Built in 2015, the single-story structure boasts modern amenities including a Generac auto-failover generator, extensive fiber and ethernet cabling, multiple HVAC units, a tornado-rated shelter, and fire/theft alarm systems with fire-rated security doors. The property features 3-phase electric and is conveniently located off US Route 24/Boyd Parkway, near Illinois Central College. The sale price of $999,000 includes all existing Lincoln Office brand furniture, valued at $150,000, encompassing conference room equipment, a projector, and select artwork. The building is currently vacant and zoned B-1, allowing for potential expansion. Preliminary plans indicate the possibility of adding a 5,200-square-foot structure to the northeast corner of the property. The net rentable area is 8,916 square feet, with a price per square foot of $112.05. The lease type is NNN.
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
Similar Nearby for Lease
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.