1500 Us-36, Camargo, IL 61919
This 4,193-square-foot mixed-use building in Camargo, IL, presents a unique investment opportunity. Located at 1500 E US Highway 36, this property sits on a 1.6-acre lot (73,267 sq ft) and offers endless possibilities. Currently vacant, the building boasts a single story, built in 1920, and is zoned COMM. Previously used as a bar, daycare, and restaurant, the adaptable space is ideal for a variety of businesses. Features include a spacious patio perfect for outdoor events, Camargo City water, propane, septic system, and a metal roof. A basement provides additional storage. The property's prime location on US Highway 36, four miles east of Tuscola and at the entrance to Patterson Springs Subdivision, ensures high visibility and accessibility. The asking price is $255,000, with a price per square foot of $60.82. This is a single-unit building with no loading docks or dock-high doors. The property is offered in "as-is" condition. Serious inquiries only.
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.