Property profile

0 Hawthorne Dr Charleston, IL 61920

OFF-MARKET
Land
1.97 ac lot
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Property summary

AI-generated overview

This exceptional 1.97-acre commercial land parcel presents a unique investment opportunity in Charleston, Illinois. Strategically located directly across Hawthorne Drive from the bustling Charleston Walmart, this property offers unparalleled visibility and accessibility. The site comprises three contiguous parcels (APN: 02-2-17080-000, 02-2-17081-000, 02-2-17082-000), totaling 1.97 acres, and is zoned C-2 General Commercial, mirroring the zoning of Lincoln Avenue throughout the city. City utilities are readily available, making this site ideal for immediate development. Convenient access is provided via Hawthorne Drive and Bostic Drive, ensuring high traffic flow and excellent exposure for any commercial venture. The seller prefers to sell all three parcels together, presenting a cohesive and readily developable site. This prime location, coupled with its favorable zoning and utility access, makes this property an exceptional opportunity for investors seeking high-impact commercial development in a thriving retail area. The asking price for this exceptional property is $289,000.

Property profile

Verified
Property type Land
Lot 1.97 ac (85,813 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Hawthorne Dr Charleston, IL 61920
Charleston metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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